What Problem We are Solving

Food waste creates 3.3 billion tons of greenhouse gases, which equals 37 million cars driving on the road at the same time. 128 million tons of milk are thrown away every year globally. The world doesn't need another food delivery service, it needs a solution to solve food waste. At the same time, fashion and packaging companies are searching for high-quality, affordable, and sustainable alternatives to replace plastic. 

About Us

Mi Terro is the world's only biotechnology company that rescues food waste and re-engineers it into sustainable fibers and biopolymers to replace plastic in the fashion, medical, and packaging industries. We transform "bad" casein protein into "good" casein protein from excess milk. Once we have the "good" casein protein, it can be made into food products again. Not only that, but we can also turn casein protein into soft, sustainable, and affordable fibers. Our fibers can apply to apparel, medical appliances, bed linen, and packaging film. We are giving food waste a new life.

Through our patent-pending technology, we created the world's first sustainable apparel line made from excess milk. We are also creating the world's only biodegradable, non-toxic, water-soluble, durable, and edible food packaging film made from whey waste. We are replacing petroleum-based materials with protein-based materials made from food waste. We are redefining the circular economy in which everything begins with food waste and ends as recyclable or biodegradable.

Venture Highlights

We have generated more than $100,000 online sales in the first 9 months, selling to customers from 40 countries. We are launching our products in China in 1 month and in Japan in 2 months. We have been featured in more than 100 internationally-recognized publications, such as Forbes, Business Insider, WWD, Vogue, and China's Central Television. We've filed 2 patents and will file 4 more inventions in 2020.
We won the First Place and People's Choice Award at the 6th Annual U.Pitch National Collegiate Elevator Pitch Competition & Showcase - Presented by EY! We were a winner of the USC New Venture Seed Competition. We won the Startup World Cup Chicago Regional. We won the Entre virtual pitch competition In addition, we won the Falling Walls NYC. 

Business Model

Our business model is B2B2C and DTC. We can sell fiber, customized+standard film, and final products. We will license our technology once it is patented. 

Competitive Advantage

Currently, there are two types of fibers in the world: petroleum-based (ex. polyester) and plant-based (ex. cotton, bamboo, modal, etc.). We are creating a third type of fiber, which is made from food waste.
Mi Terro has the world's only technology that directly uses milk waste (expired & spoiled), and the final product is 100% biodegradable. Our technology is cheaper than organic cotton and modal, requires 60% less water compared to organic cotton, and 100% biodegradable. We partner with Dairy Farmers of America, Danone, Nestle, and GM to secure our upstream resources. We also have partners like Nike and H&M. We are consolidating the entire supply chain. We've filed 2 patents and will file 4 more inventions in 2020. We also have a team of serial entrepreneurs, Ph.D. material scientists, professors, chemists, and marketing experts that have demonstrated successful results. 

Revenue

Revenue To Date
$110K
MRR
$8K
Margins
75%

Users

Total Users
4K
Total Users (Past 30 Days)
700
Total Paying Users
4K

Customer Costs

CAC
$0.00

Go-To Market Strategy

1. Publications
2. Social media (FB, Instagram, Twitter, Linkedin)
3. Experience marketing (in-person purchase)
4. Influencer marketing
5. Retail stores
6. Brand partnership
7. Trade shows and conferences

Networking

We are open to meeting up to grab a coffee, or just to chat. We would really enjoy your feedback and insight into our venture and would be happy to discuss anything that you are currently working on to see if we can be of service!

Share

Capital

Valuation:

$6M

Amount Raised to Date:

$150K

TAM SAM SOM

TAM
$1T
SAM
$218B
SOM
$27.5B

Business Stage

Paying Customers

Business Type

Investor-Backed

Categories

Food Sustainability Social Entrepreneurship CleanTech B2C B2B2C B2B E-Commerce Travel Fashion Environment Design

Documents

Pitch Deck

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