Tech Company Financing Transactions
Samsara Eco Funding Round
Clean Energy Finance, Main Sequence Ventures and W23 participated in a $6 million capital raise for Samsara Eco. The funding round closed on 3/24/2022.
Transaction Overview
Company Name
Announced On
3/24/2022
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
to help end global plastic crisis with enzyme-based technology
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Sydney
New South Wales, 2000
Australia
New South Wales, 2000
Australia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of an enviro-tech company designed to create infinite recycling to end plastic pollution. The company has developed a revolutionary biocatalyst technology that allows for the infinite recycling of plastics and the technology is particularly useful in recycling heterogeneous mixes of hard-to-recycle plastics, including colored, multilayered, and mixed plastics, thereby helping in creating plastic-eating super enzymes that break plastic back down to its core molecules regardless of color and shape and can then be used by manufacturers to produce brand new plastic items.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Riley
Chief Scientific Officer
Colin Jackson
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