Intechra, electronics recycler, gets $30M
Intechra Holdings, a Jackson, Miss. company that recycles electronics, said it has raised $30 million in a third round of financing, making it just the latest in a hot trend of green investing.
See the company’s statement here.
The funding was led by Richland Ventures, of Nashville, Oxford Bioscience Partners, of Boston, and First Avenue Partners, of Nashville, the company said. Other investors included existing backers Chrysalis Ventures, Sewanee Partners and SJF Ventures. The company has raised about $57 million to date.
This is a mature company. Intechra said it made $100 million in revenue last year from its services.
Next Story: QuatRx Pharma draws $44M after pulling IPO
Previous Story: BioSeek raises $10M from Amylin for drug screening
About the Author, Matt Marshall
Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.