Tech Company Financing Transactions
Samsara Eco Funding Round
Samsara Eco closed a $65 million funding round on 6/26/2024. Backers included Main Sequence Ventures, Temasek and DCVC.
Transaction Overview
Company Name
Announced On
6/26/2024
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Undisclosed
Investors
Main Sequence Ventures (Lead Investor)
Temasek (Lead Investor)
Proceeds Purpose
The new capital will be used to bring additional facilities to Southeast Asia in the next few years, where many manufacturing brands base their operations.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Sydney
New South Wales, 2000
Australia
New South Wales, 2000
Australia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of an enviro-tech company designed to create infinite recycling to end plastic pollution. The company has developed a revolutionary biocatalyst technology that allows for the infinite recycling of plastics and the technology is particularly useful in recycling heterogeneous mixes of hard-to-recycle plastics, including colored, multilayered, and mixed plastics, thereby helping in creating plastic-eating super enzymes that break plastic back down to its core molecules regardless of color and shape and can then be used by manufacturers to produce brand new plastic items.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Riley
Chief Scientific Officer
Colin Jackson
Browse more venture capital transactions:
Prev: 6/26/2024: Clariti venture capital transaction
Next: 6/26/2024: Otamiser venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs