Plastic Back
Conversion of plastic waste to valuable raw materials.
Conversion of plastic waste to valuable raw materials.
Plastic Back
Slogan: Conversion of plastic waste to valuable raw materials.
Description: Plastic Back is a clean tech plastic recycling start-up that converts plastic waste to crude oil, waxes, and other valuable chemicals. The product, a conversion unit based on chemical oxidation, allows treatment and landfill sites to reduce the amount of waste added to landfills while providing 'waste producers' such as factories, agriculture operations, and hospitals an alternative to expensive waste removal fees.
Founded: 2019
Industries: Manufacturing, Renewable Energy
Headquarter: Israel
Last Investment: $75.00K Pre Seed Round investment at 01 September 2021
Last Investment Investors: Magic Fund
Plastic Back, a clean tech plastic recycling start-up based in Israel, has attracted a $75.00K Pre Seed Round investment from Magic Fund in September 2021. The company's innovative technology offers a solution for converting plastic waste into valuable raw materials, including crude oil and waxes. By providing an alternative to expensive waste removal fees, Plastic Back addresses the pressing issue of plastic pollution while offering potential for scalable impact in both the manufacturing and renewable energy industries. With its focus on sustainability and environmental impact, Plastic Back presents an intriguing opportunity for investors seeking cutting-edge solutions with social and environmental benefits.| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Pre Seed Round | $75.00K | 1 |
|
01 Sep 2021 |
| Seed Round | Unknown | 1 |
|
01 Jan 2021 |
No recent news or press coverage available for Plastic Back.
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