Resynergi Raises $18M in Series B Extension
Summary
The company intends to use the funds to commission its first commercial scale site to address the outsized demand for sustainable, circular plastic resin and advance its mission to accelerate the transition to a circular economy. Led by CEO Brian Bauer, Resynergi is an advanced recycling technology company accelerating plastic circularity to protect human health and the environment. Its modular and scalable continuous microwave assisted pyrolysis (CMAP) technology reduces fossil-based dependency by converting plastic waste into clean, reusable liquid hydrocarbons and creates a circular future for plastics. It works with recycling organizations to secure and transform hard-to-recycle plastics, effectively diverting millions of pounds of plastic from landfills and oceans. Katherine Corrigan, from Taranis Carbon Ventures, will join the Resynergi Board of Directors.