What is Attero?
Attero is a leading entity in the e-waste and lithium battery recycling industry, headquartered in India. The company's core mission revolves around the sustainable processing of electronic waste and lithium-ion batteries, aiming to mitigate environmental degradation. Attero provides innovative recycling solutions tailored for both businesses and consumers, facilitating the responsible disposal of electronic products. Its services cater to a diverse clientele, including manufacturers, retailers, and individual consumers, positioning it as a key player in the circular economy and environmental sustainability efforts.
How much funding has Attero raised?
Attero has raised a total of $26.1M across 3 funding rounds:
Series A
$6.3M
Series B
$3.3M
Series C
$16.5M
Series A (2008): $6.3M with participation from Draper Fisher Jurvetson and IndoUS Venture Partners
Series B (2010): $3.3M led by Draper Fisher Jurvetson and IndoUS Venture Partners
Series C (2014): $16.5M supported by Kalaari Capital, Draper Fisher Jurvetson, Forum Synergies (India) PE Fund Managers Private Limited, and Granite Hill Capital Partners
Key Investors in Attero
Kalaari Capital
Kalaari Capital is a venture capital firm focused on investing in early-stage technology companies in India, providing capital and strategic guidance across various sectors.
Draper Fisher Jurvetson
Draper Fisher Jurvetson is a leading venture capital firm with a global presence, dedicated to backing extraordinary entrepreneurs and innovative companies across numerous sectors.
Forum Synergies (India) PE Fund Managers Private Limited
Forum Synergies is a pioneering fund manager in India, emphasizing high-engagement participation by industry experts to drive significant performance improvements in investee companies.
What's next for Attero?
With the infusion of major strategic investment, Attero is poised for significant expansion and operational enhancement. The company's focus on e-waste and lithium battery recycling aligns with global trends towards sustainability and responsible resource management. This latest capital injection is anticipated to fuel advancements in recycling technologies, increase processing capacity, and potentially broaden its geographical footprint. Attero's continued development suggests a trajectory towards becoming a dominant force in the circular economy, addressing the growing demand for eco-friendly waste management solutions.
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