Cocoa™is a sustainable fertilizer that increases crop yields, saves farmers $, and reduces soil disease & pollution. Cocoa gets paid to take organic waste and transform it into Cocoa compost, a safe & practical fertilizer large farms purchase.
Cocoa aims to disrupt the $22Bn US fertilizer market w/ a sustainable alternative, starting by building the Midwest's largest compost facility, and expanding to build a network of similar facilities across the region. We have 2 approved facilities optioned, 1st facility will cost $2M to start up and will generate $9M/yr revenue at capacity.
Pre-launch traction: MOU for facility + 5000 tons/yr of feedstocks @ $11/ton + farmers representing 5,000 tons/yr of demand for compost.
$1.5M committed: Ali Partovi, Tony Hsieh, Crunchfund, Keith Rabois, Russell Siegelman, Jigar Shah, Larry Braitman, Toby Coppel, Rachel Sheinbein, Ariel Poler, Jim Chu, Jonathan Katzman & Cornerstone Angels