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Mill Industries

San Bruno, CA · Founded 2020 · Privately Held (backing)

Developer of sustainable trash bins designed to convert waste into compost. Mill Industries is based in San Bruno, CA and was founded in 2020. Its last reported valuation was $670 million in Sep 2023. It has raised $232 million.

Last reported valuation
$670.0M
Oct 2026
Priced at
—
Total raised
$232.0M
Last round
—

Mill Industries key facts

as of Oct 2026
  • Developer of sustainable trash bins designed to convert waste into compost.
  • Mill Industries is valued at approximately $670.0M as of Oct 2026 (last reported valuation).
  • It has raised $232.0M; the latest was Later Stage VC in Mar 2026.
  • Notable investors include GV, Valor Equity Partners, Breakthrough Energy, Lowercarbon Capital, Energy Impact Partners — 24 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$670.0M

Mill Industries's last reported valuation, Sep 2023. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Mill Industries funding rounds

No rounds on record

No funding rounds for Mill Industries are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Mill Industries valuation

Mill Industries's last reported valuation was $670 million in Sep 2023. No priced round, secondary trade or fund mark has surfaced since.

Mill Industries investors

24 investors are on record for Mill Industries, including GV, Valor Equity Partners, Breakthrough Energy and Lowercarbon Capital. By type, the record holds 12 venture capital firms, 1 asset manager and 1 private equity firm.

About Mill Industries

Developer of sustainable trash bins designed to convert waste into compost. The company offers digitally connected waste bins on rent that chop up, dry, shrink and de-stink the waste overnight into a coffee ground-like material and also offers free shipping of the dried waste to a facility that converts it into feed, enabling customers to get a new system to outsmart waste at home and participate in waste management.

Sector
Consumer Products and Services (B2C)
HQ
San Bruno, CA, United States
Founded
2020
Employees
471
Website
mill.com/
Ownership
Privately Held (backing)

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