What is eCullet?
eCullet Inc. operates at the intersection of environmental technology and industrial manufacturing. The company employs proprietary technology to produce superior quality, color-sorted, and contaminant-free cullet, a critical raw material for glass container manufacturers. By collaborating with industry partners, eCullet significantly contributes to reducing greenhouse gas emissions and energy consumption within the glass production lifecycle. Furthermore, its operations help divert substantial amounts of glass residue from landfills, reinforcing its commitment to a sustainable planet and the circular economy. The company's focus on environmental stewardship positions it as a key player in promoting resource preservation within the manufacturing sector.
How much funding has eCullet raised?
eCullet has raised a total of $52.3M across 8 funding rounds:
Debt
$1M
Private Equity
$27.1M
Unspecified
$10.9M
Debt
$2.5M
Multiple Rounds
$8.5M
Debt
$2.3M
Debt (2009): $1M with participation from Undisclosed
Private Equity (2011): $27.1M, investors not publicly disclosed
Unspecified (2011): $10.9M supported by Angeleno Group, LLC
Debt (2012): $2.5M, investors not publicly disclosed
Debt (2013): $2.5M, investors not publicly disclosed
Debt (2013): $1M with participation from Undisclosed
Debt (2013): $5M, investors not publicly disclosed
Debt (2014): $2.3M, investors not publicly disclosed
Key Investors in eCullet
Angeleno Group, LLC
Angeleno Group, LLC is a venture capital firm specializing in growth capital for clean energy and climate solutions. They focus on companies driving innovation in renewable power, energy storage, and sustainable mobility, aiming to facilitate a transition to a low-carbon economy.
What's next for eCullet?
With its recent major strategic investment and a substantial overall funding history, eCullet is poised for significant expansion and technological advancement. The company's focus on providing essential, eco-friendly materials to the glass container industry, coupled with its ability to reduce environmental impact for its partners, suggests a strong growth trajectory. Future developments are likely to involve scaling its proprietary processing capabilities, expanding its collaborative network with glass manufacturers, and potentially exploring new applications for its high-quality cullet. This strategic financing will undoubtedly bolster eCullet's capacity to meet growing market demand for sustainable manufacturing solutions and further solidify its position as an environmental technology leader.
See full eCullet company page
