Terracle

Chemical recycling of plastic at molecular level

South Korea · Founded 2021 · $15.0M raised

Founded
2021
Business Model
B2B
Total Funding
$15.0M
Last Round
$15.0M Growth EquityApr 2024
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round for this company. The full record is or through the API.

About

Terracle specializes in chemical recycling of polyester-based plastic waste using proprietary Terra-X depolymerization technology. The process converts colored, composite, and contaminated PET waste into high-purity recycled monomers (Cr-TPA and Cr-EG) for reuse in polyester and polyethylene production.

Summary

Terracle is an Advanced Materials company based in South Korea, founded in 2021. It has raised $15.0M in total across 1 round, most recently a $15.0M Growth Equity round in Apr 2024.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Growth EquityGrowth EquityApr 2024
$15.0M

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