MAEKO is a leading food waste management solutions company. Its mission is to make food waste composting a closed-loop solution towards achieving zero food waste and environmental sustainability.
Introducing MunchBOT™, the newest addition to MAEKO’s family of food waste composting units developed specifically for use by home owners and communities, turning everyday food waste into reusable bio-organic compost and promoting responsible food waste management everywhere.
As featured recently by, amongst others:
127% of target | 0 days left |
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Investors | 26 |
Min Target | RM 500,000 |
Max Target | RM 4,000,000 |
MAEKO Sales & Services Sdn Bhd was founded on 12th May 2016 by a skilled and experienced biotech team to resolve the ever challenging concerns of food waste disposal. What started off initially as a passion, grew into an enterprise through the successful research and development of MAEKO’s proprietary food waste composting technology, which was able to convert everyday food waste into reusable bio-organic compost within a short span of 24 hours.
Building on this breakthrough, MAEKO is committed towards creating innovative technology to make composting a closed-loop solution of resolving food waste disposal concerns and achieving environmental sustainability. To-date, MAEKO has successfully converted more than 5,500,000 kilograms of food waste into organic compost used for planting and continues to actively contribute towards the Sustainable Development Goals of the United Nations on environmental conservation.
With MunchBOT, MAEKO’s proprietary food waste composting technology has now been redeveloped into a modern, portable, and user-friendly food waste composting unit, in order to make food waste composting practices an ideal and accessible option to a larger community of home and business owners everywhere.
Food waste concerns are much more serious than we can imagine, with Malaysia ranking No. 5 in food wastage globally, generating close to 15,000 tonnes of food waste daily, and with each person contributing 540 - 560 kilograms of food wastage per year.
Based on a 2015 report by Malaysia’s Performance Management and Delivery Unit (PEMANDU), Malaysia generates:
33,000 tonnes of solid waste per day;
15,000 tonnes of food waste per day, of which 9,700 tonnes are generated by households.
The common “out of sight, out of mind" approach to food waste disposal, by simply discarding them to landfills is no longer acceptable, especially when communities become more responsible and aware of the implications when food waste is not managed or disposed off properly:
Landfill Overflow
Landfill capacities are overtaxed. The constant need for landfill expansion and management imposes a huge financial burden on the country and is a waste of valuable land and resources
High Carbon footprint
High carbon footprints are caused by garbage trucks that transport food waste to landfills located far away from the initial waste source. This can be avoided by treating food waste at its source.
Environmental Pollution
Leakages from food waste during transportation and dumping at illegal landfill sites seep into our water supplies, pollute our ecosystem, and breeds pests and diseases.
Greenhouse Gas
Food waste from landfills compost anaerobically and emit methane gas, which accounts for almost 12% of total global methane emission and 5% of total greenhouse gas emissions.
Introducing MunchBOT™, MAEKO’s patented food waste composter, developed with the specific purpose of making food waste composting modern, quick and accessible for urban households and businesses everywhere:
Addresses critical issues of space and time faced by conventional food waste composting units / facilities in the market today. Eg: Long composting cycle of 3 months, complicated to operate and takes up large spaces.
Patented aerobic composting technology converts almost all types of food waste into bio-organic compost which can be re-used as nutrient rich soil enhancers and fertilizers in urban gardens / agriculture.
Quick composting cycle of 24 - 48 hours and optimized capacity for daily family usage.
Eliminates odours from discarded food waste into trash cans / rubbish bins and promotes overall household hygiene.
Easy to operate with no additional equipment or drying process needed.
Compact and portable unit, ideal to be fitted into most urban household kitchens, office pantries, food trucks and cafes.
By tackling the problem at its source and diverting food waste from landfills, everyone can now play their part in promoting responsible food waste management, reducing environmental and economical impact for our communities.
MunchBOT's sleek design fits into any modern kitchen
|
Online |
Direct Buyers |
Annual Revenue1 |
---|---|---|---|
2021 |
0 |
500 |
RM 1,994,000 |
2022 |
500 |
500 |
RM 3,988,000 |
2023 |
2,000 |
1,000 |
RM11,946,000 |
2024 |
6,000 |
2,500 |
RM 33,898,000 |
2025 |
10,000 |
4,000 |
RM 55,832,000 |
1 Based on available published statistics for potential target machine units in Malaysia (amount of households)
2 Based on estimated deployable units with an average estimated unit price of MYR 3,988 per unit
“Food Waste Portable Composter an Emerging Market”
Market by Geography |
Target Household Market Size 1 |
Target Adoption Rate |
Estimated Deployment Units |
Market Size (Sales Models) 2 |
---|---|---|---|---|
Malaysia |
8,000,000 |
1 % |
80,000 |
RM96.7m |
1 Based on available published statistics for potential target machine units in Malaysia (amount of households)
2 Based on estimated deployable units with an average estimated unit pricfe of MYR 3,988 per unit.
Offline Segment
Sales Roadshows
Retail Stores
Property Developer Engagement Program
Educational Sector
Export Market (through MAEKO Agents)
Online Segment
Local e-Commerce Platforms
International e-Commerce Platform
With its unique and innovative technology, MAEKO’s brand has steadily grown in trust and confidence from its customers, and in recognition from the waste and green-tech industry over the years. MAEKO is now the leading brand in food waste management in Malaysia and has received numerous awards since its launch in 2015:
FROST & SULLIVAN AWARD 2015
GLOBAL CLEANTECH INNOVATION PROGRAMME AWARD 2016
MALAYSIA AWARD RECIPIENT 2019 UN SOLUTION SUMMIT (UNGA) New York
TOP 10 Solution Makers
PlatCOM Grant Recipient Award 2018
High Impact Technology
LUX RESEARCH 2016 (USA)
Best Scalable Company
BEST GREENTECH Award 2017
Grant Recipient 2017
IP INNOVATION EXCELLENCE AWARD 2018
(Guangzhou China)
GLOBAL TECH PIONEER AWARD 2018
(Guangzhou China)
UNITED NATIONS RECOGNITION
2019 marked another significant milestone for MAEKO when it was selected as one of the 10 global sustainable solutions providers at the United Nations Solutions Summit in New York City, validating MAEKO’s efforts in creating a truly circular and closed-loop solution towards helping communities divert food waste from landfills and converting food waste into reusable soil enhancers for crop cultivation as a food source.
EARLY FUNDING
In 2017, PLATCOM Ventures Sdn Bhd, Malaysia’s national technology commercialisation platform awarded MAEKO a RM 1.2 Million matching grant as part of PLATCOM’s HIP2 Program (HIGH IMPACT PROGRAMME 2), for the research and development of a home portable composting machine. In the same year, Cradle Fund Sdn Bhd awarded a grant of RM 500,000 to MAEKO as part of it’s CIP 500 commercialisation fund program to further stimulate the market.
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