Recycle Track Systems Secures Series C Funding to Make Waste Management More Sustainable
Summary
The funding will be used to support RTSs efforts to redefine materials management and develop zero-waste programs for a more sustainable future. RTS also received investment from Edison Partners, Cue Ball, Greenspring Associates, Gaingels and the Partnership for New York City, a nonprofit organization dedicated to mobilizing private sector resources and expertise to advance the citys standing as a global center of commerce, innovation, and economic opportunity. "We look forward to working with Citis Impact Fund to push to support technology that enables greater sustainability and their recognition of the value RTS has brought to the waste industry." By taking the valuable bi-product of food waste - water - and turning it into a nontoxic and sustainable cleaning product, the company has paved the way for keeping material in a continuous cycle and making it profitable for the industry and the environment. From on-demand removal to fully integrated waste management solutions, RTS helps companies and municipalities easily track and optimize their pickups.