What is Plastics For Change?
Plastics For Change is a pioneering enterprise dedicated to mitigating plastic waste by transforming it into valuable resources, concurrently enhancing the economic well-being of informal waste collectors. The company's comprehensive offerings span raw materials, advanced plastic recovery processes, textiles, and merchandise, all designed to foster an inclusive and sustainable circular economy. Central to its mission is the empowerment of waste collectors through equitable wages and improved safety standards, generating substantial social and environmental impact. Plastics For Change actively engages businesses and individuals to champion a sustainable future via recycling and responsible sourcing initiatives.
How much funding has Plastics For Change raised?
Plastics For Change has raised a total of $2M across 1 funding round:
Other Financing Round
$2M
Other Financing Round (2020): $2M with participation from Mirova
Key Investors in Plastics For Change
Mirova
Mirova is an asset management company specializing in investment solutions that merge financial performance with environmental and social impact, focusing on sustainable finance across various asset classes.
What's next for Plastics For Change?
The substantial enterprise-level funding indicates Plastics For Change is poised for significant scaling and operational expansion. This capital injection is expected to fuel advancements in their plastic recovery technologies, broaden their network of waste collectors, and enhance their product development pipeline, including textiles and merchandise. The strategic investment signals confidence in their model for creating both social and environmental value, positioning the company for greater market penetration and influence in the global fight against plastic pollution.
See full Plastics For Change company page
