Terracle
Chemical recycling of plastic at molecular level
South Korea · Founded 2021 · $21.1M raised
- Founded
- 2021
- Business Model
- B2B
- Website
- terracle.im
- Total Funding
- $21.1M
- Last Round
- $15.0M Growth EquityApr 2024
- Rounds
- 2
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 $21.1M in total across 2 rounds, most recently a $15.0M Growth Equity round in Apr 2024. Investors include Madrona Venture.
Tech & App Stack
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Funding History
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Apr 2024
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Investors
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