Circular11 has secured £2.4 million ($2.9M) in its first equity funding round, led by Vectr7 Investment Partners and co-led by The FSE Group's South West Investment Fund. This investment will enable the company to bring its plastic-to-building material technology to market and scale production, aiming to recycle 10,000 tonnes of low-grade plastic over two years. The funds will also support further development of their proprietary systems for processing variable plastic waste.
Amount: $2.9M