Biography of Miranda Wang: Founder and CEO of Novoloop -Entrepreneur
Biography of Miranda Wang:
Spark of Innovation Born from Curiosity
Miranda Wang’s journey began with a visit to the Vancouver
South Waste Transfer Station during her high school years. Witnessing the
magnitude of plastic waste sparked a determination to tackle this global
challenge. Together with her best friend Jeanny Yao, Miranda explored ways to
break down plastic waste, an initiative that started as a science fair project.
This curiosity and commitment would later shape their future careers and
inspire a groundbreaking venture.
Early Recognition of Potential
Miranda and Jeanny’s innovative ideas gained early
attention, leading to an invitation to speak at TED2013. Their presentation
highlighted the urgent need to address plastic waste and showcased their
potential as changemakers. This moment was pivotal, setting the foundation for
their future efforts to transform the way the world approaches plastic waste.
Building the Foundation for Novoloop
After high school, Miranda pursued higher education at
McGill University and later transferred to the University of Pennsylvania,
where she graduated in 2016. Combining her studies in molecular biology,
philosophy, and engineering entrepreneurship, she developed a multidisciplinary
approach to problem-solving. This academic background laid the groundwork for
her entrepreneurial journey.
From Science Fair to Startup
In 2015, Miranda and Jeanny co-founded Novoloop, initially
known as BioCellection, with the vision of creating a circular economy for
plastics. With the backing of Bill Liao from SOSVentures and $150,000 in grant
funding from the UPenn and Wharton entrepreneurship ecosystem, they began their
mission to transform hard-to-recycle plastics into high-performance materials.
Biography of Miranda Wang: Founder and CEO of Novoloop -Entrepreneur #Lifecycling platform to recycle plastics#stratup#age#net worth#investor
The Lifecycling™ Innovation
At the heart of Novoloop’s success is its patented
Lifecycling™ platform. This revolutionary technology converts post-consumer
plastic waste into materials that are molecularly identical to conventional
performance products. Unlike traditional recycling methods, Lifecycling™ offers
a solution for plastics that would otherwise end up in landfills or
incinerators.
A Global Vision for Plastic Circularity
Miranda’s work at Novoloop goes beyond innovation; it
envisions a world where materials are continuously reused rather than
discarded. Under her leadership, Novoloop aims to harmonize industrial progress
with environmental sustainability, fostering a new era of responsible
production and consumption.
Growth and Leadership at Novoloop
As CEO, Miranda has overseen Novoloop’s transformation from
a small team of two co-founders to a thriving organization with over 40
employees. She has cultivated a culture of professional growth and
collaboration, driving the company’s technology development and expansion.
Scaling Up with Strategic Funding
Novoloop has raised $50 million through venture capital,
government grants, and philanthropic support. This funding has enabled the
company to scale its operations, develop its technology further, and bring its
products to the market. This financial backing underscores the confidence
investors have in Novoloop’s mission and potential impact.
A Track Record of Excellence
Miranda’s contributions to the field of plastic circularity
have been recognized globally. She was named to Forbes 30 Under 30 in 2018 and
received accolades such as the Pritzker Emerging Environmental Genius Award and
the UN Young Champions of the Earth. These honors reflect her commitment to
innovation and environmental stewardship.
A Personal Journey Across Borders
Born in Qingdao, China, Miranda lived in Tokyo, Japan,
before growing up in Vancouver, Canada. Her multicultural upbringing and global
perspective have shaped her approach to tackling challenges on an international
scale. These experiences have also influenced her vision for creating solutions
that benefit both people and the planet.
Early Leadership and Entrepreneurship
At McGill University, Miranda demonstrated her leadership
skills by founding the Good Food Box program under McGill Enactus and earning
the prestigious Greville Smith Prestige Scholarship. Her transition to the
University of Pennsylvania further cemented her entrepreneurial spirit, as she
became the youngest winner of the Wharton Business Plan Competition.
Inspiration from Challenges
The challenges posed by plastic waste have fueled Miranda’s
determination to create systemic change. She believes the world is at a
breaking point, where old methods of managing waste are no longer sufficient.
Her vision is to build a new industrial generation that prioritizes
sustainability and innovation.
Impact Through Storytelling and Advocacy
Miranda’s journey has been documented in the award-winning
film In Love With A Problem, highlighting her passion and commitment to solving
the plastic waste crisis. She continues to use storytelling as a tool to
inspire others and advocate for transformative change in the chemical value
chain.
A Future of Endless Possibilities
Miranda and Jeanny’s work at Novoloop represents more than
just a technological breakthrough—it embodies the potential for a sustainable
future. With aspirations to expand their impact further, Miranda’s vision
includes creating a world where waste is no longer a problem but an opportunity
for innovation and growth.
Timeline for story
1994: Born in Qingdao, China.
2010: Attended Vancouver South Waste Transfer Station,
sparking interest in plastic waste.
2013: Invited to speak at TED2013 about plastic waste.
2016: Graduated from the University of Pennsylvania.
2015: Co-founded Novoloop (formerly BioCellection) with
Jeanny Yao.
2017: Launched Novoloop’s patented Lifecycling™ platform to
recycle plastics.
2018: Named to Forbes 30 Under 30 for environmental
innovation.
2020: Raised $50 million to scale Novoloop’s technology and
operations.
2020: Featured in the documentary In Love With A Problem
about her journey.
2023: Continuing to drive Novoloop’s growth and global
impact in plastic circularity.
