Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues10.0m14.8m20.9m22.0m22.0m22.0m
% growth-49 %41 %5 %--
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DateInvestorsAmountRound
-

N/A

-

N/A

Seed

€50.0k

Grant
N/A

£1.5m

Seed

£600k

Grant

£3.5m

Early VC

£1.9m

Seed
*

€10.0m

Late VC

£3.2m

Grant

N/A

Grant
*

£1.0m

Growth Equity VC
Total FundingAUD41.0m

Recent News about Recycling Technologies

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More about Recycling Technologiesinfo icon
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Recycling Technologies is a forward-thinking company dedicated to making plastic a more sustainable material. The company has developed a modular technology that can be mass-produced to recycle plastic waste into feedstock, which is the raw material used to create new plastic. This innovative approach aims to address the global plastic waste problem by turning waste into a valuable resource.

Recycling Technologies primarily serves businesses and municipalities that generate or manage large amounts of plastic waste. This includes waste management companies, local governments, and large corporations looking to improve their sustainability practices. The company operates in the environmental and recycling market, which is growing rapidly due to increasing awareness of environmental issues and stricter regulations on waste management.

The business model of Recycling Technologies revolves around selling and leasing its modular recycling units to clients. These units can be easily integrated into existing waste management systems, making it convenient for clients to adopt the technology. Additionally, the company offers maintenance and support services to ensure the units operate efficiently. By providing a comprehensive solution, Recycling Technologies helps its clients reduce their environmental footprint while also creating a new revenue stream from the sale of recycled feedstock.

Recycling Technologies makes money through the sale and leasing of its recycling units, as well as through ongoing maintenance and support contracts. The company also benefits from the sale of the recycled feedstock produced by its technology, which can be sold to plastic manufacturers looking for sustainable raw materials.

In summary, Recycling Technologies is a company focused on transforming plastic waste into a valuable resource through innovative recycling technology. It serves a diverse range of clients in the environmental and recycling market, offering a comprehensive solution that includes technology sales, leasing, and support services.

Keywords: Recycling, Plastic Waste, Sustainability, Modular Technology, Feedstock, Environmental, Waste Management, Innovation, Revenue Stream, Support Services.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.