Undisclosed · Climate tech
esa adds investors to scale composite-plastic recycling
New and returning shareholders back the Japanese producer of Repla recycled pellets.
Mitsubishi UFJ Trust and Banking, Environmental Energy Investment and SG Wonderzone join the financing alongside existing investor Mitsubishi UFJ Capital. The new investment brings esa’s cumulative funding to ¥1.15 billion.
Turning mixed plastic waste into industrial feedstock requires consistent material performance and supply. The financing supports that transition as esa develops repeat applications for its recycled pellets.
Use of funds
Strengthen production and stable supply of composite recycled pellets.
Develop industrial applications and recurring demand for recycled material.
Funding history
Undisclosed · This roundUndisclosed