About 400 million tons of plastic are produced each year, but less than 10% is recycled, with most of the rest ending up incinerated or in landfills. One reason is that it is difficult for conventional recycling processes to handle contaminated plastics, like those that are made up of several different types of plastics, combined with other materials or just plain dirty. DePoly, a deep tech startup, has developed a process that is able to tackle complex plastic streams and turn plastics back into raw material without affecting quality. The Swiss-based startup announced today it has raised $13.8 million in seed funding.
The round was co-led...
