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Recycling start-up scores $6m for enzyme that eats plastic
Yolanda RedrupRich List Editor
Local recycling tech start-up Samsara Eco is gearing up to commercialise a new patented carbon-neutral recycling process, using enzymes that can break down plastics into their foundational building blocks, known as monomers.
The start-up has raised $6 million in fresh funding from the Clean Energy Finance Corporation, Woolworths’ venture capital fund W23 and CSIRO’s Main Sequence Ventures.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
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