Tech Company Financing Transactions
APK Funding Round
APK, based in Merseburg, secured $139.4 million in funding from MIG Capital and private investors.
Transaction Overview
Company Name
Announced On
2/13/2023
Transaction Type
Venture Equity
Amount
$139,354,000
Round
Undisclosed
Investors
MIG Capital (Lead Investor)
private investors (Kirk Kristiansen)
Proceeds Purpose
The company intends to use the funds to build two new factories.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
Beunaer Straße 2
Merseburg, 06217
DE
Merseburg, 06217
DE
Phone
Website
Email Address
Overview
Plastic waste is one of the biggest problems of our time. Globally, almost 80 million tons of plastic packaging waste is generated every year. Currently, only about ten percent of the resources are recovered through recycling. The rest is incinerated, landfilled or released leaks into the environment in an uncontrolled manner. The need for a real circular economy is becoming increasingly. Today's conventional recycling processes are at their limits. Innovations in recycling are essential for a sustainable future. With the Newcycling® process, APK AG is contributing to meeting sustainability targets and recycling quotas.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Susanne Küppers
Chief Technical Officer
Robert Marx
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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