Reklaim Technologies joins the recycling rush, raises $7M more
Reklaim Technologies, Bellevue, Wash. company that recycles tires, computers ands an automobile practices in order to recover materials and trapped energy, has raised $7 million more in financing.
The funding brings the company’s total to $15 million. The money comes from Goldman Sachs, and the second round may eventually be bumped up to total $10 million.
It is doing something similar to Richmond, Calif.’s MBA Polymers, which we covered here, and which has raised about $50 million.
Goldman Sachs has also invested in London’s Sterecycle, a solid-waste recycling company.
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