Topolytics has secured £1.5m in funding from private investors and UKRI to launch its WasteMap solution and expand operations.
The company raised the capital from high-net-worth investors and a UKRI grant to launch its WasteMap platform and scale internationally.
Topolytics provides a data analytics platform that makes the world waste visible, verifiable and valuable. The company helps waste producers and recyclers drive resource efficiencies and trace the movement of materials.
Edinburgh based data analytics platform Topolytics has secured £1.5m in funding to launch its WasteMap solution and extend its commercial reach. The investment comes from a group of high-net-worth individuals alongside a grant from UK Research and Innovation. The capital will support the company as it accelerates platform development and expands its operations both in the UK and internationally.
The backing follows recognition from various industry bodies for the company's waste tracking technology. The newly acquired funds will assist Topolytics in meeting growing demand from waste producers and recyclers seeking improved ESG and carbon reporting capabilities.
Use of funds
- 01Continue product development
- 02Expand into international markets
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About the company
Topolytics
Topolytics operates a data analytics platform that makes global waste visible, verifiable and valuable.