Fundz

Infinity Recycling, Invest-Nl And Lyondellbasell Invest In Pryme To Accelerate The Advanced Recycling Of Plastic Waste

RECENTLY ACQUIREDMay 09, 2023

Round Type

Funding Round

BiotechnologyEnergyRenewable Energy

Investors

PrymeLyondell BasellInvest NlInfinity Recycling

Description

Infinity Recycling, Invest-NL and LyondellBasell announced today they have invested in Pryme N.V., an innovative cleantech company, located in Rotterdam, the Netherlands, through an investment consortium. The group of investors contributed nearly EUR 13 million to support the commercialization of Pryme's pyrolysis process to convert used plastic into valuable products on an industrial scale. Pryme is currently building an advanced recycling plant in Rotterdam that is expected to start production later this year and plans to build a second larger-scale plant in 2025.

Quick answer

Pryme NV raised an undisclosed amount in a Funding Round round, dated May 9, 2023. Investors: Pryme, Lyondell Basell, Invest Nl and Infinity Recycling.

How much did Pryme NV raise?
Pryme NV raised an undisclosed amount in a Funding Round round on May 9, 2023.
Who invested in Pryme NV?
Pryme, Lyondell Basell, Invest Nl and Infinity Recycling are named as investors in this round.
What does Pryme NV do?
Pryme NV is a company involved in chemical recycling and waste management solutions.
Who are the decision-makers at Pryme NV?
Fundz holds 1 contact at Pryme NV. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Pryme NV that raised within 45 days of this round, from Fundz verified event records.

  • Proklean Technologies raised $4M (Seed) on June 7, 2023.
  • 1KOMMA5° raised $468M (Funding Round) on June 23, 2023.
  • Focused Energy Inc. raised $82M (Funding Round) on June 22, 2023.
  • SafEarth raised $427K (Seed) on June 21, 2023.
  • Aptera Motors raised $79K (Seed) on June 20, 2023.
  • Yellow raised $14M (Funding Round) on June 19, 2023.

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Company Information

Company

Pryme NV

About

Pryme NV is a company involved in chemical recycling and waste management solutions. They focus on converting waste materials into valuable resources. The company aims to reduce environmental impact through innovative recycling technologies. Pryme has a range of facilities designed for industrial-scale operations.

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Pryme NV 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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