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Clean-tech startup ReCircle raised an undisclosed amount in a bridge funding round led by Venture Catalysts and Mumbai Angels to enhance its supply chain for recycled plastics.

PRIVATESep 06, 2024

Round Type

Angel

MumbaiEnvironmental Services

Investors

Mumbai AngelsVenture Catalysts

Description

ReCircle recently secured a bridge funding round led by Venture Catalysts and Mumbai Angels to further its mission of providing high-quality recycled plastics. The funding will support the company's transition to a circular system for plastic waste and help target a revenue of Rs 100 crore in the next financial year.

Who else raised in Environmental Services around the same time

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

  • King Energy raised $10M (Seed) on October 16, 2024.
  • Octavia Carbon raised $5M (Seed) on October 16, 2024.
  • Onlygood raised $500K (Seed) on October 10, 2024.
  • Puraffinity raised $8.7M (Series A) on September 10, 2024.
  • Ucaneo raised $7.5M (Seed) on September 10, 2024.
  • Bosonwhitewater raised $1.2M (Funding Round) on September 4, 2024.

Who to call at ReCircle, and when

A new round usually means ReCircle is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ReCircle raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ReCircle, from your own LinkedIn network

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Company Information

Company

ReCircle

Location

Mumbai, Maharashtra, India

About

ReCircle is a clean-tech startup founded in 2016 that aims to tackle India's growing waste problem. The company operates an advanced material recovery facility in Dahisar, Mumbai, where it collects and processes various types of waste, including plastic, paper, and e-waste. ReCircle has successfully diverted over 169,000 MT of waste from landfills and aims to provide high-quality recycled plastics for packaging. Their mission focuses on transitioning to a circular system for plastic waste and expanding their recycling capabilities.

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ReCircle 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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