Samsara Eco raises $54M AUD for its ‘infinite plastic recycling’ tech

Samsara Eco, an Australian startup that uses enzyme-based technology to break down plastic into its core molecules, announced today it has raised $54 million AUD (about $34.7 million USD) in Series A funding. The company is planning to build its first plastic recycling facility in Melbourne later this year, with the target of full-scale production by 2023.
Investors in the round include Breakthrough Victoria, Temasek, Assembly Climate Capital, DCVC and INP Capital. Existing investors like deep-tech fund Main Sequence, Woolworths Group’s W23 and Clean Energy Finance Corporation (CEFC) also part

リンク元