Mill

Transforms food scraps into animal feed

San Bruno, California, United States

About Mill

Mill.com provides a solution for managing food waste by drying and grinding food scraps into a resource called "Food Grounds." This process is facilitated by a device that resembles a kitchen bin, which operates quietly and requires emptying only once a month, eliminating unpleasant odors. The company targets environmentally conscious households in the continental U.S. with a subscription model that costs about a dollar a day, making it accessible to many consumers. Unlike traditional composting, the processed food waste can be used as animal feed, particularly for chickens, and customers can choose to keep their Food Grounds or have them picked up by the company. Mill.com aims to reduce the environmental impact of food waste, which is a significant contributor to global warming, and is positioned to capture a share of the sustainable waste management market.

San Bruno, CaliforniaHeadquarters
2020Year Founded
$165.4MTotal Funding
SERIES_CCompany Stage
Food & Agriculture, Social Impact, Consumer GoodsIndustries
201-500Employees

Risks

Potential backlash from animal rights groups regarding food waste as animal feed.
Increased competition from startups like Lomi by Pela in the food waste sector.
Consumer dissatisfaction risk due to the complexity of high-tech kitchen appliances.

Differentiation

Mill's bin dries, shrinks, and de-stinks food waste, unlike traditional composters.
Mill offers a subscription model, making it affordable for environmentally conscious households.
Processed food waste can be used as animal feed, aligning with EPA recommendations.

Upsides

Mill's collaboration with chefs enhances brand visibility and credibility.
The FDA's new regulatory pathway opens opportunities in the animal feed industry.
Growing awareness of food waste reduction aligns with Mill's mission, boosting adoption.

Funding

Total raised$165.36 M
Latest valuation$500.00 M
StageSERIES_C