Sway

Description

Sway is a cleantech startup scaling seaweed-based, rapidly compostable replacements for plastic, beginning with flexible packaging. Sway's patented products match the vital performance attributes of conventional plastics and are designed to plug into existing infrastructure, enabling scale and competitive pricing. Unlike plastic, Sway's materials are made from an abundant, regenerative resource and decompose into healthy soil after use.

What Makes it Regenerative?

• supports material design. enables biophilic design
• enables circularity
• supports ecosystem remediation
• creates network effects
• affixes value to undervalued

Business Model

Sway's business model is product sales of their bio-based, compostable packaging solutions made from seaweed to companies seeking sustainable alternatives, and in potential licensing of their seaweed-based technology to other manufacturers for broader adoption.

Risks & Limitations

• Scalability limits for large-scale production that is still in its early stages
• Meeting high demand upon scaling
• Cost due to seaweed-based alternatives being more expensive than traditional plastics
• Technical hurdles in fine-tuning the seaweed material's properties for various applications
• Regulations around bio-based and compostable materials that can vary by region.