As Plastic Piles Up, So Does Funding To Startups Working On Alternatives
Naja Bertolt Jensen, Unsplash
Plastic overconsumption isn’t a problem startups are likely to solve single-handedly. However, they have raised considerable funding over the years to develop more environmentally friendly substitutes, better manage waste and create useful products from recycled materials.
Investment continues to flow to the space, too. This past year, startups addressing the global plastic problem in some form have raised more than $300 million in fresh funding, per Crunchbase data.
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