Resynergi Secures $18 Million in Series B Extension Led by Taranis to Accelerate Plastic Recycling Innovation
Summary
"Sustainability goals and extended producer responsibility laws are fueling a surge in demand for efficient and reliable plastic recycling solutions," said Brian Bauer, CEO at Resynergi. Were committed to turn on the first of many commercial sites while enhancing the value chain weve created to divert plastic from our landfills and oceans and convert it back into its molecular building blocks for reuse. Their investment will empower Resynergi to expand operations for its first commercial-scale site, positioning the company to play a key role in addressing the estimated 70% global growth in plastic waste by 2050. Existing investors Lummus Technology and T1ST also participated in this Series B extension round, further reinforcing their commitment to plastic circularity and accelerating industrial transitions for a more sustainable future. With a strong track record of backing innovative companies, Taranis seeks to partner with visionary entrepreneurs and support their efforts in scaling technologies to address the worlds most pressing environmental challenges.