DePoly Secures $23 Million in Seed Funding to Revolutionize PET Recycling in Switzerland
In a pivotal move towards enduring practices, Swiss startup DePoly has successfully raised $23 million in seed funding to establish an innovative recycling facility dedicated to polyethylene terephthalate (PET) plastics. This announcement marks a meaningful step forward in addressing the global plastic waste crisis, offering a scalable solution to the challenges posed by single-use plastics. With plans for a state-of-the-art plant that aims to redefine recycling processes, DePoly is poised not only to boost local economies but also to champion environmental sustainability. The funding round was led by investors committed to ecological preservation, underscoring the growing recognition of advanced recycling technologies as vital components for achieving a circular economy.
DePoly Secures Funding for Revolutionary PET Recycling Facility
In an exciting development for environmentally friendly…
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Author : Jackson Lee
Publish date : 2025-05-03 15:34:00
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