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CleanPlanet Chemical secures a US$25 million Hardware-as-a-Service financing facility led by PaceZero Capital Partners and Export Development Canada to expand its solvent recycling technology across North America.
PRIVATEAug 06, 2026•3 days ago
Amount Raised
$25 Million
Round Type
Venture - Series Unknown
OttawaManufacturing
Investors
Export Development CanadaPace Zero Capital Partners
Description
PaceZero Capital Partners has arranged a US$25 million Hardware-as-a-Service financing facility for CleanPlanet Chemical. This funding will support the deployment of CleanPlanet's solvent recycling systems throughout North America. The investment is designed to help manufacturers reduce costs and improve efficiency. CleanPlanet is recognized for delivering innovative solutions in the cleantech sector.
Company Information
Company
CleanPlanet Chemical
Location
Ottawa, Ontario, Canada
About
CleanPlanet is an industrial solvent recycling company founded in 2012, headquartered in Ottawa. The company serves customers across the flexible packaging, paints and coatings, and broader manufacturing sectors throughout North America. CleanPlanet utilizes its technology-enabled AlwaysClean platform to recycle hundreds of solvent chemistries on-site at near-virgin purity. Their service model converts on-site recycling from a capital investment into an operating expense, enhancing cost efficiency for customers.
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OttawaManufacturing