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Impact Recycling Secures £3.3M Follow-on Investment from IW Capital to scale operations in new markets.

Jun 10, 20256 months ago

Amount Raised

£3.3 Million

Round Type

seed

GrangemouthManufacturing

Investors

Iw Capital

Description

Impact Recycling, a plastic recycling company based in Falkirk, received £3.3M in follow-on investment from IW Capital. The funds will be used for business development and to continue scaling operations. Impact Recycling has developed a patented technology for separating mixed plastic waste, enhancing its recycling capabilities. This investment supports the company's growth in both current and new markets.

Company Information

Company

Impact Recycling

Location

Grangemouth, Scotland, United Kingdom

About

Impact Recycling is a plastic recycling company based in Falkirk, Grangemouth, Scotland, UK. The company has developed a patented water-based density separation technology known as BOSS, which efficiently separates mixed plastic waste into high-purity output streams. Impact Recycling specializes in recycling both rigid and flexible plastics, catering to the mechanical recycling space. The company aims to scale its business in existing and new markets.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers