Resynergi Raises $6.4M In Series B Funding Co-Led By Transitions First And Lummus Technology To Scale Plastic Recycling Technology
Amount Raised
$6.4 Million
Round Type
Series B
Rohnert ParkBiotechnologyRenewable EnergyWaste ManagementEnvironmental ConsultingInvestors
Description
Resynergi, a pioneering leader in plastic recycling technology, announced today it has raised $6.4M in series B funding co-led by Transitions First (T1ST), an international industrial deep tech seed-stage venture capital fund, and Lummus Technology, a global provider of process technologies and value-driven energy solutions. The funding will allow the company to scale production of its modular Continuous Microwave Assisted Pyrolysis (CMAP) technology that converts plastic waste into reusable materials at a rate 20 times faster than traditional pyrolysis methods. The company also plans to expand its executive team to drive growth and further cement the company's position as a leader in plastic circularity.
Quick answer
Resynergi raised $6.4 Million in a Series B round, dated January 10, 2024. Investors: Transitions First (T1 St) and Lummus Technology. Resynergi is based in Rohnert Park, California, United States.
- How much did Resynergi raise?
- Resynergi raised $6.4 Million in a Series B round on January 10, 2024.
- Who invested in Resynergi?
- Transitions First (T1 St) and Lummus Technology are named as investors in this round.
- What does Resynergi do?
- Resynergi, headquartered in Rohnert Park, CA, is an advanced recycling technology company accelerating plastic circularity to protect human health and the environment.
- Where is Resynergi based and how big is it?
- Resynergi is based in Rohnert Park, California, United States. Fundz records about 17 employees.
- Who are the decision-makers at Resynergi?
- Fundz holds 1 contact at Resynergi, including the Co-Founder/Chairman & CFO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Renewable Energy and Waste Management around the same time
Companies in the same sectors as Resynergi that raised within 45 days of this round, from Fundz verified event records.
- SunPower raised $300M (Funding Round) on February 23, 2024.
- DeepLook Medical raised $1.7M (Seed) on February 23, 2024.
- Frontier Medicines Corp raised $80M (Series C) on February 22, 2024.
- Simple Planet raised $6M (Series A) on February 22, 2024.
- Arevon raised $1.1B (Funding Round) on February 22, 2024.
- Antora Energy raised $150M (Funding Round) on February 22, 2024.
Who to call at Resynergi, and when
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