Stories
Stories
Elevator Pitch: Feedback
Chief Growth Officer, Bright Feeds
Concept: Bright Feeds uses patent-pending drying technology and an AI-driven processing technique to convert all varieties of food waste into a high-quality and consistent animal-feed replacement for the soy and corn typically sold to feed mills.
The Why: Of the 110 million tons of food waste generated annually in the United States, 75 percent ends up in landfills or incinerators, making it a leading source of CO2 emissions (10 percent of greenhouse gasses can be attributed to methane produced by rotting food). The waste-free, closed-loop production process developed by Bright Feeds is energy-efficient and carbon-negative.
Heard:
“Working in the sustainability space for a for-profit business that is mission-driven has been really rewarding. This is not a hard sell. People get it immediately.”
Status Update: Bright Feeds’ first manufacturing facility, located in Connecticut, began production in October 2022 with the capacity to process 450 tons of food waste per day; the company expects to open a fundraising round in early 2024 for further expansion of its hub-and-spoke operations model. Earlier this year, Bright Feeds was selected to join the Harvard Climate Entrepreneur’s Circle, an incubation program for high-potential ventures working to address climate change.
Post a Comment
Related Stories
-
- 06 Jul 2023
- HBS Alumni News
Home Economics
Re: Nathalie Laidler-Kylander (MBA 1992); By: April White -
- 07 Sep 2021
- HBS Alumni Bulletin
Embracing Activism for Social Change
Re: Sarika Mendu (MBA 2020); Mitchell B. Weiss (Richard L. Menschel Professor of Management Practice Chair, MBA Required Curriculum); Karen Mills (Senior Fellow); By: Deborah Blagg -
- 30 May 2021
- Wall Street Journal
How Venture Capitalist David Motley is Trying to Bring Back Pittsburgh’s Black Residents
Re: David Motley (MBA 1988) -
- 14 Jan 2021
- Making A Difference
Better Than Cash
Re: Ruth Goodwin-Groen (MBA 1991)
Stories Featuring Laxmi Stebbins Wordham
-
- 25 Apr 2014
- Storify
HBS Campaign Inaugural Event via Social Media
Re: Antoinette Bruno (MBA 1992); Bruno Schenk (AMP 181); Roberto Charvel (MBA 2001); Michael Kantrow (MBA 1997); Rob Uhlemann (MBA 2012); Bo Ekelund (TGMP 15); Janet Balis (MBA 1999); Matthew Rascoff (MBA 2009); Humphrey Chen (MBA 1996); Chris Schroeder (MBA 1992); Ron McKerlie (AMP 172); Fran Seegull (MBA 1998); Dean Florez (MBA 1993); Vivian Prokop (AMP 175); Laxmi Stebbins Wordham (MBA 2001); Antonio Mazzara (TGMP 15); Stever Robbins (MBA 1991); Blake Hall (MBA 2010); John Mascari (MBA 2012); Louis Beryl (MBA 2012); Melissa Fensterstock (MBA 2012); Ann Bilyew (MBA 1994); Mark Tercek (MBA 1984); Peggy Yu (MBA 2007)
