DyeRecycle raised more than $1.2M in pre-seed funding and $1M in equity-free match funding from Innovate UK to expand capacity and secure product development partnerships and trials.
Amount Raised
$2.2 Million
Round Type
Pre-Seed
LondonManufacturingBiotechnologyInvestors
Description
DyeRecycle, a UK start-up founded in 2022, has raised over $1.2 million in pre-seed funding along with $1 million in equity-free match funding. The company plans to use the funding to expand its capacity to support production for various pilot programmes and to secure further product development partnerships and trials with supply chain partners and fibre recyclers.
Quick answer
DyeRecycle raised $2.2 Million in a Pre-Seed round, dated May 13, 2024. Investors: Innovate UK. DyeRecycle is based in London, England, United Kingdom.
- How much did DyeRecycle raise?
- DyeRecycle raised $2.2 Million in a Pre-Seed round on May 13, 2024.
- Who invested in DyeRecycle?
- Innovate UK is named as investors in this round.
- What does DyeRecycle do?
- DyeRecycle was founded on the idea that we need integrated solutions to resolve the major environmental challenges, especially those that do not seem to be connected.
- Where is DyeRecycle based and how big is it?
- DyeRecycle is based in London, England, United Kingdom.
- Who are the decision-makers at DyeRecycle?
- Fundz holds 1 contact at DyeRecycle. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as DyeRecycle that raised within 45 days of this round, from Fundz verified event records.
- CASI Pharmaceuticals raised $15M (Post-IPO Equity) on June 26, 2024.
- TendoNova raised $270K (Seed) on June 26, 2024.
- CASI Pharmaceuticals raised $15M on June 26, 2024.
- OCON Therapeutics raised $10M (Funding Round) on June 24, 2024.
- Ronovo Surgical raised $44M (Series B) on June 20, 2024.
- Distil raised $3.1M (Funding Round) on June 20, 2024.
Who to call at DyeRecycle, and when
A new round usually means DyeRecycle is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day DyeRecycle raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DyeRecycle, from your own LinkedIn network
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Related People
DyeRecycle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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