Extantia Capital led the oversubscribed round, which will fund the construction of the company's first plant.
"We’re proving that plastic waste isn’t just a problem to solve—it’s a valuable resource waiting to be unlocked. Using the molecular precision of enzymes at an industrial scale, we’re building the solution set to make all plastics recyclable and doing so at a competitive price. This is what real circularity looks like."
The round was led by Amplo and Ribbit Capital to support the platform launch.
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