What is Allocco Recycling?
Allocco Recycling operates as a premier facility specializing in the reclamation of aggregate, scrap metal, and construction debris. With a legacy spanning four decades, the organization has integrated advanced material recovery technologies to serve a diverse client base throughout the Northeast. The company distinguishes itself through high-efficiency processing of ferrous, non-ferrous, and electronic scrap, effectively bridging the gap between industrial waste generation and sustainable material reuse. Their market position is reinforced by a commitment to environmental stewardship and a robust logistical network that ensures consistent recovery rates for complex waste streams.
How much funding has Allocco Recycling raised?
Allocco Recycling has raised a total of $2.3M across 2 funding rounds:
Debt
$1M
Debt
$1.3M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.3M led by PPP
Key Investors in Allocco Recycling
PPP
Public-Private Partnership
What's next for Allocco Recycling?
With the recent influx of capital, Allocco Recycling is well-positioned to enhance its technological infrastructure and expand its footprint in the competitive recycling sector. The strategic deployment of these funds will likely focus on upgrading facility automation to increase throughput and material purity, thereby maximizing the value of recovered commodities. As regulatory pressures regarding environmental impact intensify, the company's ability to provide scalable, compliant recycling solutions will be a key driver for long-term growth. Future initiatives will likely prioritize the integration of next-generation sorting technologies to further solidify their leadership in the regional aggregate and scrap metal markets.
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