Amount$70M
SeriesFunding Round
AnnouncedSep 13, 2023
SectorCleantech, Recycling, Packaging, Plastic
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Funding Round round (4.7× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Funding Round rounds (421)
Round size distribution70th pct
smaller Funding Round roundslarger
