The next video will show you how to make your own single-use food packaging using this method. It’s easy, environmentally friendly, and inexpensive.
Pyxo was born in Paris’ Tuileries Gardens, where there were overflowing waste bins beside food stands with soda cups, clamshell burger boxes, and other single-use food packaging. Pyxo initially teamed up with French corporate catering service firm Sodexo to replace plastic cups and make everything reusable. Pyxo began searching for new clients as a result of the coronavirus epidemic and the move to remote work.
The kids’ meals and snacks are already available through partnerships with Foodles, Popchef, and other foodtech firms that provide connected fridges with packed lunches and snacks. However, Pyxo’s biggest market opportunity comes from a regulatory change. In July 2020, the French parliament passed an anti-waste law that includes several significant amendments. Restaurants must use reusable food containers by January 2023 as a result of the legislation.
Fast food restaurants will be unable to use paper-and-plastic cups, disposable clamshell boxes, and other disposable packaging. Pyxo is already working with an unnamed fast food chain in France to assist them transition to reusable packaging. The startup has established a marketplace of reusable food containers that links all members of the industry together. When a fast food restaurant buys a batch of containers, they come preloaded with a QR code or NFC chip so that you may keep track of them everywhere you go.
If you’re opening a restaurant, for example, you might outsource the cleaning to specialist firms that will provide you with a batch of clean containers when they come and take away the day’s empties. These contractors also scour cups and other items as part of their work. Customers could also order take-out meals and bring them home in reusable containers, in addition to that. They may use an app to find the nearest collection point — it does not have to be the restaurant where you made your initial food purchase. Pyxo is considering gamification and small deposits to boost return rates.
“Our goal is to make it a utility sector,” co-founder and CEO Benjamin Peri said. Pyxo sees itself as creating a network that behaves similarly to the electrical grid in the future. The company believes there will be a dense network of restaurants, pickup spots, and cleaning centers in the future.”
Fast food chains may be able to assist in the market’s growth since one customer has a national network of eateries. To persuade other participants, they can employ Pyxo as the network administrator and provide incentives. There are only a few Pyxo-enabled restaurants at the moment, but the firm is still in its infancy. However, several investors have given Eurazeo, FiveSeasons Ventures, and others 7.9 million for a start-up that has yet to launch.
By the end of 2021, Pyxo wants to have 2,000 points of sales in the restaurant sector. Pyxo still plans to interact with foodtech firms and corporate catering services, but they will play a smaller role in the company’s overall operations. The firm expects to add 70 new workers as a result of this funding round.