Samsara, in collaboration with a leading Australian research institution has developed an enzymatic technology that recycles plastics. The depolymerisation process is energy and cost effective converting heterogeneous plastics and hard to recycle plastics back to their original monomers for reuse as recycled inputs in the production of new plastics allowing for the infinite recycling of plastics.
Employees: 11-50
Total raised: $154M
Founded date: 2021
Investors 5
| Date | Name | Website |
| - | Virescent ... | virescent.... |
| - | Breakthrou... | breakthrou... |
| - | Titanium V... | ti.vc |
| - | Main Seque... | mseq.vc/ |
| - | Wildcard V... | wildcardve... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 02.07.2024 | Series A | $100M | - |
| 02.11.2022 | Series A | $54M | - |
Mentions in press and media 22
| Date | Title | Description |
| 09.09.2024 | New $165 million round for SafetyCulture in “tough environment” for fresh funding | SafetyCulture founder and CEO Luke Anear. Source: Supplied article-article-body SafetyCulture has booked a fresh $165 million funding round, marking one of the year’s largest single investments in an Australian scale-up and the biggest sing... |
| 03.07.2024 | Lululemon backs plastic-eating enzyme innovation from Samsara Eco | Image Courtesy: www.businessoffashion.com In an effort to recycle items that might otherwise end up in landfills, Australian recycling company Samsara Eco has secured US $ 65 million to finance the development of an enzyme that eats plastic... |
| 02.07.2024 | Samsara Eco secures AUD $100M to expand plastic recycling | Samsara Eco, an Australian enviro-tech firm, has secured AUD $100 million in its Series A+ funding round. This financing effort, one of the largest Series A+ rounds ever in Australia, was led by global investment company Temasek and deep te... |
| 02.07.2024 | Greentech company Samsara Eco received $65 M funding from Temasek | Samsara Eco, an Australian environmental technology company, has received $65 million in funding from Temasek, the state investor of Singapore. Main Sequence, an Australian deep tech investment fund, is also leading the round, according to ... |
| 28.06.2024 | Deals in brief: Hubble secures debt facility from AlteriQ Global, SoftBank invests in Perplexity AI, Etched raises funds to further develop specialized AI chip, and more | NewsDeals in brief: Samsara Eco bags USD 65 million, Mekari acquires Jojonomic, Hozon Auto files for Hong Kong IPO, and more Written by KrASIA Writers Samsara Eco, Mekari, Hozon Auto, and more led yesterday’s headlines: Samsara Eco, a clima... |
| 27.06.2024 | Samsara Eco: Pioneering the Future of Plastic Recycling | Samsara Eco, an innovative Australian startup, has recently secured a substantial $100 million in funding to further its mission of combating plastic waste on a global scale. Led by CEO Paul Riley, the company specializes in enzymatic recyc... |
| 27.06.2024 | Temasek backs Australian enviro-tech firm Samsara Eco in $65m funding round | Samsara Eco, an Australian enviro-tech company that seeks to end plastic pollution, has raised $65 million in its Series A+ funding round backed by Singapore state investor Temasek Holdings and deeptech investor Main Sequence Ventures. New ... |
| 27.06.2024 | Samsara Eco books $100 million Series A extension to make recycled plastics fantastic | Samsara Eco founder and CEO Paul Riley posing with "enzymatically recycled" yarn. Source: Supplied article-article-body Australian recycling pioneer Samsara Eco has booked $100 million in Series A extension funding, helping the sc... |
| 27.06.2024 | Deals in brief: Samsara Eco bags USD 65 million, Mekari acquires Jojonomic, Hozon Auto files for Hong Kong IPO, and more | NewsDeals in brief: a16z and Lightspeed co-lead Series A investment in k-ID, Pawprints Group secures extension to seed round, Earth VC invests in Orbillion Bio, and more Written by KrASIA Writers k-ID, Pawprints Group, Opilot, and more led ... |
| 26.06.2024 | Exclusive: Samsara Eco raises A$100M Series A extension to curb plastic waste | figcaption>span]:font-sans" data-chromatic="ignore"> Samsara Eco, an Australian plastic waste recycling startup, closed a A$100 million Series A extension round to go to market with retailers and packaging companies, CE... |
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