Amazon is investing their coins into a Toronto scientist and her plastic waste solution project.
Luna Yu, 28, is set to get a portion out of the e-commerce giant’s $2 billion climate fund and her idea is seemingly worth every penny.
The University of Toronto graduate is the CEO of Genecis, a company that turns food waste into plastics.
“As part of our commitment to support women climate tech entrepreneurs, Amazon’s Climate Pledge Fund is investing in Genecis, a bioplastics company founded by scientist Luna Yu. Genecis uses organic waste, like table food scraps, to create a biodegradable bioplastic that is an alternative to conventional plastic packaging,” Amazon wrote on their website.
The Climate Pledge Fund invests in climate tech companies developing cutting edge technology that could help fight global warming worldwide
To celebrate Women’s History Month, Amazon is investing over $50 million in women-founded and women-led climate tech companies with their Female Founder Initiative.
