Glass Half Full, a Louisiana-based recycling company transforming glass recycling in the Gulf South, has announced the successful completion of its seed funding round, raising $6.5 million. Led by Benson Capital Partners and supported by Momentum Fund (a new initiative from The Idea Village), Innovation Catalyst, and a group of impact-driven investors, this funding sets the stage for Glass Half Full’s expansion across the Gulf Coast.
The Glass Half Full recycling company is erecting a facility along Paris Road in Chalmette, spanning three acres with a capacity exceeding 300,000 pounds of glass per day. This strategic move underscores Glass Half Full’s commitment to enhancing recycling infrastructure and sustainable practices in the region.
Since its inception in 2020 by Tulane University seniors, Glass Half Full recycling program has reprocessed over seven million pounds of glass. Offering convenient drop-off and pick-up services, the company has become synonymous with accessible recycling solutions. Notably, Glass Half Full repurposes glass into valuable products, including sand crucial for coastal restoration projects. Recognizing the urgency of the situation, wherein the Gulf Coast loses a football field of land every 100 minutes, Glass Half Full has already contributed to four restoration projects in Louisiana, partnering with valued organizations such as The Coalition to Restore Coastal Louisiana and the Pointe au Chien Indian Tribe.