InBC has invested in Vancouver-based ChopValue, a circular product manufacturer transforming urban waste into climate positive, premium wood products.
ChopValue transforms urban waste into premium wood furniture and décor for both the home and business environments, with current clients ranging from the restaurant to hospitality and corporate industries. Its value-added products — engineered from disposable chopsticks — are high-performing and carbon negative, offering clients a sustainable alternative to existing wood options. To date, the company has given a second life to over 175 million chopsticks and saved over 8.5 million kgCO2 emissions.
“With InBC’s funding, we are able to further advance our long-term vision of converting underutilized urban resources into responsible, circular products. Their focus on solutions to achieve net-zero emissions and support the circular economy greatly amplifies our efforts to develop products that store carbon, while contributing to a climate resilient economy in B.C.”
— Felix Böck, CEO and Founder, ChopValue
Committed to maximizing resource efficiency, ChopValue takes a local approach to sourcing and production, while expanding globally through franchising — empowering local business ownership and recreating its sustainable business model in markets across the world. By decentralizing circular production capabilities, it is championing a worldwide shift toward more responsible manufacturing.
With this investment, ChopValue is expanding its business development and design teams, creating more sustainable jobs in B.C. and enhancing the company’s capacity to innovate and scale. It will accelerate its development, pioneering new design solutions, and drive business opportunities to grow its market presence.
In addition to the potential for financial returns, this investment aligns with InBC’s impact objective to drive climate action and is creating jobs and supporting research and development in the province. It is backing a B.C.-grown company and leader in circular manufacturing that is generating measurable impact locally and globally.
Are you an impactful company looking for investment to support your scale up? InBC is investing in private companies raising a Series A or later round. Learn More