NEWS

MacroCycle secures $6.5 million in seed funding

This investment will enable MacroCycle to expand its operations by 50% and scale up its pilot facilities to produce high-quality recycled PET and polyester resins, as recently reported.

The company’s innovative technology transforms plastic waste into virgin-equivalent materials using 80% less energy than traditional PET production.

For the goCircular community, this achievement showcases the potential of the circular economy and how innovation can turn environmental challenges into sustainable opportunities.

MacroCycle’s ability to convert plastic and textile waste into high-quality products also led to its recent win in our Circular Packaging Challenge 2024.

We extend our warm congratulations to the MacroCycle team on this new milestone.

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