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TRACXN FEED REPORT

SOLID WASTE MANAGEMENT TECH

DECEMBER 09, 2021


Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News
Appendix

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview Summary
Funding Market Map
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News
Appendix

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Solid Waste Management Tech - Summary (1/2)
Top Companies Key Stats

Phenix AMP Robotics


(2014, France, $18.3M) (2015, United St.., $77.7M) 1,227 483 $5.8B
LanzaTech Solugen Companies Funded Total Funding
(2005, United St.., $339M) (2016, United St.., $387M) Companies

Attero Recycling RTS


(2008, India, $35.0M) (2015, United St.., $70.5M)
$2.4B 43 12
AMCS Redwood Materials
(2004, Ireland, $143M) (2017, United St.., $792M) Funding in last 2 Acquisitions IPOs
years

Scope of Feed Top Geographies by Companies


Total Companies
What is included
Companies providing tech-based hardware and software solutions for collecting, United States 282
transporting, recycling, processing, and disposing of solid waste. Also, includes
operators providing tech-enabled services by mobile apps and online platform. Also, India 148
companies providing innovative technology-based solutions for converting wa...
United Kingdom 100
What is not included
All traditional solid waste operators involved in collecting, transporting, recycling, Canada 62
processing, and disposing of any type of waste. Also, all consulting, rental services,
traditional hardware manufacturer, traditional services providers, Not for Profit Germany 53
and NGOs are excluded.
Unfunded Companies Funded Companies

4 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Solid Waste Management Tech - Summary (2/2)
# Companies by Stage Y-o-Y Funding $ Funding by Country
Total Funding: $5.8B
United States (69.6%)
Founded 1227 -
Canada (13.4%)
Funded 483 100%
United Kingdom (5.0%)
Series A+ 86 17% Ireland (2.7%)
Finland (1.8%)
Series B+ 44 9%
India (1.7%)
Series C+ 31 6%
China (1.2%)
Series D+ 17 3% Others (4.5%)
$ Funding # Rounds

Top Funding Rounds in last 2y Top Investors Top Exits


Company Round Details Stage Investor # Portfolio Type Company Acq. Price/IPO Mcap
Redwood Materia.. Plug and Play Tech C.. 6 ecoATM
(2017, United States, $792M)
$700M-Series C Seed (2008, United States, $348M)
$350M
EIT InnoEnergy 5
Stage
Solugen Plug and Play APAC 5 Puregas Solutions
$357M-Series C Acq. (2011, Sweden)
$34.0M
(2016, United States, $387M)
Bpifrance 3
ecoATM Early LINICO
$200M-Series D SDTC 3 (2020, United States, $2.0M)
$10.8M
(2008, United States, $348M) Stage
SOSV 3
Plastic Energy.. Loop Industries
$168M-Series A (2015, Canada)
$417M
(2017, United Kingdom, $168M) Waste Management 3
Late IPO
ecoATM Goldman Sachs 2 QuantaFuel
$75M-Series D Stage -
(2008, United States, $348M) BlackRock 2 (2014, Norway, $21.9M)

5 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Marketmap: HR Tech Sep 2020
Marketmap - Solid Waste Management Tech
COLLECTION RECYCLING
Top Business Models in last 1y
TECH-ENABLED COLLECTORS RECYCLERS
Business Model Funding
LITHIUM
MARKETPLACES Lithium Battery Recyclers $843M

PLASTIC
Agricultural Waste Conversion $357M
SMART BINS AND KIOSKS

FIBRE Plastic Waste Recyclers $168M


BIN MONITORING

WASTE SORTING ROBOTS Robotic Solid Waste Sorting $60.1M


WASTE COLLECTION SOFTWARE
Technolgy Based Waste
$45.2M
ANALYTICS Collection Services

DISPOSAL Fibre Waste Recyclers $35.7M


MEDICAL
WASTE DISPOSAL SYSTEMS Nutrient Recovery from
$21.4M
Organic Waste

Textile Waste Recycling $16.6M

WASTE-TO-ENERGY
Computer Vision Based Sorting $6.4M

*Upcoming Business Model


6 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding Funding Funnel
Investors Y-o-Y Funding Trends
Acquisitions Funding by Geography
IPOs Y-o-Y Stage wise Funding
Companies Median Round Size by Stage
Unicorns New Entrants to Funded Club
Business Models Funding by Team Background - College wise
News Funding by Team Background - Company wise
Appendix List of Key Funding Rounds

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Funding Funnel
# Companies Funding Funnel Moved from Avg. Years from first
Stage
% previous Stage % funding

Founded 1,227 - - -

Funded 483 100% 39% -

Series A+ 86 18% 18% 2.7

Series B+ 44 9% 51% 3.5

Series C+ 31 6% 70% 4.7

Series D+ 17 4% 55% 8.8

8 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Y-o-Y Funding Trends
Top Funding Rounds in last 2 years
Company Funding Round
Redwood Materials
(2017, United States)
$700M - Series C

Solugen
(2016, United States)
$357M - Series C

ecoATM
(2008, United States)
$200M - Series D

Plastic Energy
(2017, United Kingdom)
$168M - Series A

Crusoe Energy
(2018, United States)
$128M - Series B

ecoATM
(2008, United States)
$75.0M - Series D

Battery Resourcers
(2016, United States)
$70.0M - Series B

AMP Robotics
(2015, United States)
$55.0M - Series B

LanzaTech
$ Funding (3y) CAGR = +17% (2005, United States)
$50.0M - Series E

Redwood Materials
$ Funding (5y) CAGR = +14% (2017, United States)
$50.0M - Series C

Note: Funding includes only Equity Funding. It excludes Debt, Grant, Post-IPO and ICO funding.

9 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Funding by Geography
Distribution by Country - Total Funding ($) Top Cities by Funding

# Rounds Top Funded Company Carson City $792M


Redwood Materials
United States 258
(792M) Montreal $606M

Canada 54 Enerkem (604M) Atlanta $429M

United Kingdom 34 Plastic Energy (168M) Houston $388M

San Diego $348M


Ireland 8 AMCS (143M)

Infinited Fiber Skokie $339M


Finland 14
(39.9M)
London $260M
India 58 Let's Recycle (36.3M)
King Of Prussia $251M
China 15 Ixiandou (33.3M)
Richland $230M

France 27 Recupyl (18.8M)


Bedford $190M

Note: Funding includes only Equity Funding. It excludes Debt, Grant, Post-IPO and ICO funding.

10 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Y-o-Y Stage-wise Funding Trends
Stage-wise $ Invested Stage-wise Number of Rounds

$112M $351M $452M $577M $566M $1.8B 53 55 65 65 64 68

Seed Early Stage Late Stage Total Funding Seed Early Stage Late Stage Total Rounds

Note: Seed includes Seed, Angel rounds. Early Stage includes Series A,B rounds. Late Stage includes Series C+, PE, Pre-IPO rounds.

11 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Median Round Size by Stage
Stage Round size - Min, Median, Max (2016-2021) Y-o-Y Median Round Size (2016-2021)

Late Stage $37.5M


$700K $700M

Series B $21.4M
$6.5M $128M

Series A $5.6M
$87.5K $168M

Seed $746K
$4.4K $11.8M

2016 2017 2018 2019 2020 2021

Note: Seed includes Seed, Angel rounds. Early Stage includes Series A,B rounds. Late Stage includes Series C+, PE, Pre-IPO rounds.

12 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
New Entrants to Funded Club

Notable
Companies
Tiptapp AMP Robotics Li-Cycle Crusoe Energy Recycleye Sensoneo
(2016, Sweden, $3.4M) (2015, United States, (2016, Canada) (2018, United States, (2019, United (2014, Slovakia,
$77.7M) $163M) Kingdom, $6.4M) $2.3M)

13 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Funding by Team Background - College wise
Distribution by Team Background

Massachusetts Solugen INENTEC Joule Unlimited


Institute of Tec.. $387M $230M $190M

Stanford University Redwood Materi.. Hara Cruz Foam


$792M $45.0M $3.7M

University of 4New ViaeX Technolo.. FloWaste


California (Berk.. $30.5M $4.3M $1.4M

IIT Delhi Attero Recycling


$35.0M

London Business Attero Recycling


School (LBS) $35.0M

King’s College 4New


London $30.5M

IIT Roorkee GreenMantra Te..


$26.0M

Winnow
INSEAD
$24.1M

Total Funding

Note: Number in the bracket is the Total Funding raised by the Company

14 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Funding by Team Background - Company wise
Distribution by Team Background

Google AMP Robotics Dalmia Polypro.. Sencity Corp


$77.7M $5.1M -

Microsoft WISErg GeniCan


$56.6M -

Facebook Hara FusionOne


$45.0M -

McKinsey Winnow Wastelink Nilus


$24.1M - -

Boston Consulting Bintix Toter


Group $448K -

Intel Bintix
$448K

Total Funding

Note: Number in the bracket is the Total Funding raised by the Company

15 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Top Funding Rounds in last 24 months (1/2)
Company $ Amount Round Date Investors

Redwood Materia.. (2017, United States, $792M) $700M Series C Jul 2021 Emerson Collective, CPP Investments, The Climate Ple.., +11 more

Solugen (2016, United States, $387M) $357M Series C Sep 2021 Lowercarbon Capital, GIC, Fifty Years, Refactor Capital, +4 more

ecoATM (2008, United States, $348M) $200M Series D Feb 2020 Cowen

Plastic Energy.. (2017, United Kingdom, $168M) $168M Series A Nov 2021 M&G, Axens, LetterOne

ecoATM (2008, United States, $348M) $75M Series D Jun 2021 -

Battery Resourc.. (2016, United States, $91.4M) $70M Series B Oct 2021 Hitachi Ventures, Doral Energy Group, InMotion Ventu.., +2 more

AMP Robotics (2015, United States, $77.7M) $55M Series B Dec 2020 Congruent Ventures, GV, Closed Loop Fund, Sidewalk Inf.., +3 more

LanzaTech (2005, United States, $339M) $50M Series E Jun 2020 -

Redwood Materia.. (2017, United States, $792M) $50M Series C Sep 2021 Ford

Renmatix (2007, United States, $251M) $49M Series E Apr 2020 -

Redwood Materia.. (2017, United States, $792M) $40M Series B Jul 2020 Capricorn, Breakthrough Energy

Infinited Fiber.. (2016, Finland, $39.9M) $36M Series B Jun 2021 Zalando, Sateri, Adidas Group, Nidoco, H&M

16 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Top Funding Rounds in last 24 months (2/2)
Company $ Amount Round Date Investors

RTS (2015, United States, $70.5M) $35M Series C Jun 2021 Citi Ventures, Greenspring Associates, Partnership f.., +3 more

Battery Resourc.. (2016, United States, $91.4M) $21M Series B Apr 2021 Doral Energy Group, At One Ventures, TDK Ventures, +3 more

Ostara (2005, Canada, $99.3M) $20M Series D Apr 2021 Wheatsheaf Group, Cibus Fund, Export Development Can.., +1 more

Let's Recycle.. (2012, India, $36.3M) $18M Series C Nov 2020 Circulate Capital, Aavishkaar Capital

Evrnu (2014, United States, $26.0M) $15M Series B Oct 2021 -

Ioniqa (2009, Netherlands, $15.3M) $12M Series A May 2021 -

Phoenix Tailing.. (2019, United States, $12.1M) $12M Series B Jul 2021 -

Fazla Gida (2016, Turkey, $3.5M) $3M Seed Jul 2021 Atlantic Food Labs, 500 Global, 212

17 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors YoY Investor Trends
Acquisitions
IPOs
Companies
Unicorns
Business Models
News
Appendix

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Y-o-Y Active Investors
Y-o-Y # of unique Institutional Investors in Solid Waste Management Tech Top Institutional Investors in the last 2 years
Stage Investor name # Rounds in Last 2y1

Techstars 2 (▲100%)

Seed Stage Elevate Ventures 2 ( -- )

Taaleri 2 ( -- )

AngelList 2 ( -- )

Baring Private
Early Stage Equity Partners 2 ( -- )
India
Valor Equity
2 ( -- )
Partners

Baillie Gifford 2 ( -- )

Wheatsheaf
Late Stage 2 (▲100%)
Group

Amazon 1 ( -- )
First-time Investors Existing Investors

Note: First-time investors and Existing Investors are calculated from the available Equity Funding Rounds on Tracxn Platform. 1.The numbers in bracket correspond to the change from previous period.

19 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors
Acquisitions Acquisition Trends
IPOs List of Acquisitions
Companies Most Active Acquirers
Unicorns
Business Models
News
Appendix

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Quick Snapshot - Acquisitions
Key Stats Y-o-Y Acquisition Trends All-time Top Acquisitions
$34.0M - - - $10.8M Company Acq. Price
43 7.1 Yrs ecoATM
$350M
(2008, San Diego, $348M)
# Total Avg. yrs from first
Acquisitions funding to Acq. Puregas Solutions
$34.0M
(2011, Kalmar)

LINICO
$132M $10.8M
$67.0M (2020, undefined, $2.0M)

Avg. Funding Avg. Acq. Price ISYS Interactive S..


-
raised before Acq. (1979, Derby)
# of Acquisitions Avg. Acquisition Price
Spiers New Technol..
-
(2015, Oklahoma City, $2.8M)
Top Investors by # Acq. Exits Acquisitions Distribution by Acq. Price
SmartSensor
Investor # Acq. Notable Acq. -
(2016, Brisbane)

Kleiner Perkins 2 Hara, Recyclebank Renewable Process ..


-
(2004, San Jose)
ecoATM,
ATEL Capital Group 2
Recyclebank ORCA
-
(2003, Toronto)
Silicon Valley Bank 1 ecoATM
Enevo
-
Focus Ventures 1 Hara (2010, Espoo, $38.7M)

ITOCHU Technology WISErg


1 Hara -
(2010, Redmond, $56.6M)
Ventu..
# of Acquisitions

21 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to index

List of Acquisitions (1/2)


Company Acquirer(s) Acq. Date Acq. Price
ISYS Interactive Systems The Access Group Oct 2021 NA
(1979, United Kingdom)

Spiers New Technologies Cox Automotive Sep 2021 NA


(2015, United States, $3M)

SmartSensor Taoglas Jul 2021 NA


(2016, Australia)

Renewable Process Solutions Comstock Mining Jun 2021 NA


(2004, United States)

ORCA - Jun 2021 NA


(2003, Canada)

Enevo Reen Jun 2021 NA


(2010, Finland, $39M)

WISErg Plant Response Apr 2021 NA


(2010, United States, $57M)

ReCollect Routeware Mar 2021 NA


(2009, Canada)

LINICO Comstock Mining Feb 2021 $11M


(2020, United States, $2M)

Lateral Innovations PG Solutions Dec 2020 NA


(2008, Canada)

22 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to index

List of Acquisitions (2/2)


Company Acquirer(s) Acq. Date Acq. Price
Ambrosia RTS Oct 2020 NA
(2018, United States)

Single Stream Recyclers Balcones Resources Aug 2020 NA


(2014, United States)

Core Computing Solutions Routeware Feb 2020 NA


(1999, United States)

TRUX AMCS Jan 2020 NA


(1990, Canada)

Soft-Pak Waste Software Dover Jan 2020 NA


(1978, United States)

Waste Harmonics Arcapita Jan 2020 NA


(2001, United States)

Nationwide Services Reconomy Nov 2019 NA


(1992, United Kingdom)

Recyclebank RTS Oct 2019 NA


(2004, United States, $90M)

Tire Management CompacTyres Oct 2019 NA


(2000, United States)

Ereplast BENVIC EUROPE Sep 2019 NA


(2004, France)

View all 43 companies on Tracxn Platform

23 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Most Active Acquirers
Average
# Acquirer Country # Acq. Companies Acquired
Acq. Price
1 Routeware United States 4 - ReCollect, Core Computing Solutions, Webaspx, EasyRoute

2 AMCS Ireland 3 - DesertMicro, TRUX, Recy Systems

3 Comstock Mining United States 2 $5.4M LINICO ($10.8M), Renewable Process Solutions

4 RTS United States 2 - Recyclebank, Ambrosia

5 The Access Group United Kingdom 1 - ISYS Interactive Systems

6 Cox Automotive United States 1 - Spiers New Technologies

7 Taoglas Ireland 1 - SmartSensor

8 Reen Norway 1 - Enevo

9 Plant Response Spain 1 - WISErg

Note: Numbers in bracket indicate the Acquisition Price of the company.

24 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors
Acquisitions
IPOs IPO Trends
Companies List of IPOs
Unicorns
Business Models
News
Appendix

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Quick Snapshot - IPOs
Key Stats Y-o-Y IPO Trends All-time Top IPOs
$417M - - - - Company IPO MCap

12 1.9 Yrs Loop Industries


$417M
(2015, Terrebonne)
# Total IPOs Avg. yrs from first
funding to IPO QuantaFuel
-
(2014, Lysaker, $21.9M)

Ener-Core
$417M -
$13.4M (2008, Irvine, $19.6M)

Avg. Funding Avg. IPO Mcap Re:newcell


-
raised before IPO (2012, Stockholm, $11.0M)
# of IPOs Avg. IPO MCap
Li-Cycle
-
(2016, Mississauga)
Top Investors by # IPO Exits IPOs Distribution by IPO Mcap
Micron Waste Techn..
Investor # IPOs Notable IPOs -
(2016, Vancouver)

BASF 1 QuantaFuel Taronis Tech


-
(2018, Clearwater)
Quest for Growth 1 TOMRA
Envipco
-
(1986, Jacksonville)
Colt Ventures 1 Ener-Core
American Manganese
-
Fouriertransform 1 Re:newcell (1987, Surrey)

Zylog Systems
Latour 1 TOMRA -
(1995, Edison)
# of IPOs

26 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to index

List of IPOs (1/2)


Company Investors IPO Date IPO Mcap
Re:newcell H&M, Gripen, KappAhl, Fouri.., +2 more Dec 2020 -
(2012, Sweden, $11M)

Li-Cycle Bioindustrial Innovat.., +2 more Nov 2020 -


(2016, Canada)

Micron Waste Technologies Bullrun Capital, Aurora Cannabis Apr 2020 -


(2016, Canada, $3M)

QuantaFuel MIIG, Aetos Invest, BASF, +1 more Feb 2020 -


(2014, Norway, $22M)

Taronis Tech Dec 2019 -


(2018, United States, $25M)

Envipco Jun 2018 -


(1986, United States)

Loop Industries Capistrano Capital, +2 more Nov 2017 $417M


(2015, Canada, $6M)

Ener-Core Capital Union Investm.., +2 more Jun 2013 -


(2008, United States)

American Manganese Jan 2008 -


(1987, Canada)

Zylog Systems Jul 2007 -


(1995, United States)

27 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to index

List of IPOs (2/2)


Company Investors IPO Date IPO Mcap
CleanTech Biofuels Jun 2007 -
(2004, United States)

TOMRA Latour, Quest for Growth, +1 more Jun 2007 -


(1972, Norway)

28 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors
Acquisitions
IPOs Top Companies
Companies Early Stage Editor’s Pick
Unicorns Companies by Geography
Business Models Companies by Team Background - College wise
News Companies by Team Background - Company wise
Appendix Funded Deadpooled Companies

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Top Companies
Company Tracxn Score Company Tracxn Score Company Tracxn Score
Phenix 65.0 Enerkem 56.8 Enevo 54.4
(2014, France, $18.3M) (2000, Canada, $604M) (2010, Finland, $38.7M)

LanzaTech 64.8 Tiptapp 56.6 Let's Recycle 53.9


(2005, United St.., $339M) (2016, Sweden, $3.4M) (2012, India, $36.3M)

Attero Recycling 62.8 Sensoneo 56.6 ecoATM 53.7


(2008, India, $35.0M) (2014, Slovakia, $2.3M) (2008, United St.., $348M)

AMCS 61.6 Crusoe Energy 56.6 Greyparrot 53.7


(2004, Ireland, $143M) (2018, United St.., $163M) (2018, United Ki.., $3.4M)

AMP Robotics 60.1 Re:newcell 56.6 Ostara 53.5


(2015, United St.., $77.7M) (2012, Sweden, $11.0M) (2005, Canada, $99.3M)

Solugen 59.6 Rubicon 56.0 Renmatix 53.4


(2016, United St.., $387M) (1989, United St.., $1.0M) (2007, United St.., $251M)

RTS 59.6 Li-Cycle 55.8 Pyrowave 53.4


(2015, United St.., $70.5M) (2016, Canada) (2013, Canada, $1.0M)

Redwood Materials 59.5 Chromatin 55.4 ZenRobotics 52.8


(2017, United St.., $792M) (2000, United St.., $122M) (2007, Finland, $17.1M)

Winnow 58.7 Joule Unlimited 55.2 Enexor 52.8


(2013, United Ki.., $24.1M) (2007, United St.., $190M) (2015, United St.., $10.0M)

ReCollect 56.9 Fazla Gida 54.9 Recycling Technolo.. 52.1


(2009, Canada) (2016, Turkey, $3.5M) (2011, United Ki.., $22.9M)

View all 1,228 companies on Tracxn Platform

Note: Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.

30 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Early Stage Editor’s Pick (1/2)
Company Tracxn Score Company Tracxn Score Company Tracxn Score
Fazla Gida 54.9 Genecis 43.9 Lumitics 37.3
(2016, Turkey, $3.5M) (2016, Canada) (2019, Singapore, $557K)

Recycleye 51.2 Litta 41.7 Wildfire Energy 36.7


(2019, United Ki.., $6.4M) (2017, United Ki.., $2.7M) (2016, Australia)

FloWaste 48.8 SkipTheDepot 41.6 Full Circle Microbes 36.6


(2020, United St.., $1.4M) (2017, Canada) (2019, United St..)

Capro-X 48.5 Ways2H 41.2 Bower 35.5


(2017, United St.., $250K) (2019, United St..) (2020, Sweden)

Recykal 48.3 Nilus 40.9 OSF 35.1


(2016, India, $3.1M) (2017, Argentina) (2017, United Ki.., $1.4M)

Electro-Active Tec.. 47.4 Mint Innovation 38.5 WastePlace 35.0


(2017, United St.., $1.5M) (2016, New Zealand, $5.2M) (2016, United St..)

Radical Plastics 47.1 Intuitive 38.5 Poliloop 34.9


(2018, United St.., $3.1M) (2017, Canada) (2019, Hungary, $120K)

PantaPå 46.5 KITRO 38.4 IRS 34.6


(2018, Sweden, $1.0M) (2017, Switzerland) (2018, India, $1.0M)

Waste Robotic 45.5 Jumeni 38.4 Lithion Recycling 32.8


(2016, Canada) (2018, Ghana, $100K) (2018, Canada)

ViaeX Technologies 44.8 VEnvirotech 38.1 Kudoti 31.7


(2016, United St.., $4.3M) (2018, Spain, $2.2M) (2018, South Afr..)

Note: Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.

31 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Early Stage Editor’s Pick (2/2)
Company Tracxn Score Company Tracxn Score Company Tracxn Score
TrashCon 30.6 Brisil Technologies 24.4 Kaptar 18.0
(2017, India, $586K) (2016, India, $29.1K) (2016, Colombia)

Ellipsis Earth 29.2 Sweep&Go 24.1 SmartTrash 17.0


(2019, United Ki..) (2018, United St..) (2018, United St..)

Smartbin 28.7 Recyclo 22.5 koffiechase 16.5


(2020, United St..) (2016, Lebanon) (2020, Netherlands)

Mountrash 28.5 Müllabfuhr Deutsch.. 21.5 HAIRCYCLE 16.4


(2019, Indonesia) (2017, Germany) (2020, Belgium)

WasteHero 28.3 MDGS 21.2 Crapbin 16.2


(2017, Denmark, $1.2M) (2017, China, $2.5M) (2018, India)

Ecoplasteam 27.6 CompacTyres 20.8 ViaGreen 15.7


(2017, Italy) (2016, United St..) (2016, India)

Ziptrax 27.3 RecycleGO 20.4 Montinutra 15.5


(2016, India, $119K) (2016, United St..) (2018, Finland)

Thermal Recycling .. 27.1 Waste2Fuels 19.7 Polycycle 15.2


(2016, Spain) (2018, Spain) (2019, India)

Everest Labs 26.0 Max-AI 18.2 AltMat 13.8


(2018, United St..) (2017, United St..) (2019, India)

WPM Green Energy 25.3 Urbyn 18.1 SMCC Recycling 13.2


(2019, Ireland) (2017, France) (2018, United St..)

View all 79 companies on Tracxn Platform

Note: Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.

32 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Companies by Geography
Distribution by Country - Companies founded Top Cities by Companies founded

Total Companies London 26


United States 282
Delhi 19
India 148
Bangalore 18

United Kingdom 100


Hyderabad 17

Canada 62
Paris 16

Germany 53
San Francisco 11

France 51 Berlin 10

Netherlands 38 Stockholm 9

Spain 29 Vancouver 9

Amsterdam 7
Unfunded Companies Funded Companies

33 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Companies by Team Background - College wise
Distribution by Team Background

Massachusetts Solugen INENTEC Joule Unlimited


Institute of Tec.. $387M $230M $190M

Stanford University Redwood Materi.. Hara Cruz Foam


$792M $45.0M $3.7M

University of Seenons BioCellection SPRK


Pennsylvania $6.9M $300K -

Cornell University Bintix Capro-X CompacTyres


$448K $250K -

University of 4New ViaeX Technolo.. FloWaste


California (Berk.. $30.5M $4.3M $1.4M

Harvard University Snapdata Trash Warrior Matco


- - -

BITS Pilani Ziptrax Recoblack


$119K -

barePack RecycleSmart
Bocconi University
- -

Unfunded Companies Funded Companies

Note: Number in the bracket is the Total Funding raised by the Company

34 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Companies by Team Background - Company wise
Distribution by Team Background

Google AMP Robotics Dalmia Polypro.. Sencity Corp


$77.7M $5.1M -

McKinsey Winnow Wastelink Nilus


$24.1M - -

Boston Consulting Bintix Toter


Group $448K -

Facebook Hara FusionOne


$45.0M -

Goldman Sachs Polykar Verde Brands


- -

Microsoft WISErg GeniCan


$56.6M -

Bain Synova
-

BrighterBins
Cisco
-

Unfunded Companies Funded Companies

Note: Number in the bracket is the Total Funding raised by the Company

35 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Funded Deadpooled Companies
Company $ Funding
4New $30.5M
(2017, United Kingdom)

Taoqbao $1.9M
(2015, China)

Extra Carbon $661K


(2011, India)

RecycleMatch $620K
(2009, United States)

Encashea -
(2015, India)

Snapdata -
(2014, United States)

Cycle Money -
(2014, Chile)

Takawaste -
(2020, Tanzania)

36 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors
Acquisitions
IPOs Unicorn Trends
Companies List of Unicorns
Unicorns Investors in Unicorns by Stage of Entry
Business Models Top Unicorn Investors by Stage of Entry
News Soonicorn Club - List of Soonicorns
Appendix Soonicorn Club - List of Minicorns

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Unicorn Trends
Solid Was..
4 8.4 $161M 6 6.3
# Total Unicorns Avg Years from Series A Avg $ Funding before Avg # Funding Rounds Avg Institutional Investors
to Unicorn Round Unicorn Round before Unicorn Round before Unicorn Round

Global
1042 4.4 $187M 4.3 7.2
# Total Unicorns Avg Years from Series A Avg $ Funding before Avg # Funding Rounds Avg Institutional Investors
to Unicorn Round Unicorn Round before Unicorn Round before Unicorn Round

Top Seed Stage Investors Top Early Stage Investors Top Late Stage Investors Top Countries
Baillie Gifford Baillie Gifford Baillie Gifford United States (4)

Goldman Sachs Goldman Sachs Goldman Sachs

NZ Super Fund NZ Super Fund NZ Super Fund

Fifth Third Bancorp Fifth Third Bancorp Fifth Third Bancorp

Amazon Amazon Amazon


+ 58 more + 58 more + 58 more

Note: Investors refers to Institutional Investors only. Top Investors are calculated based on investments before the Unicorn Round.

38 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
List of Unicorns
Unicorn Time from Series
Company Short Description $ Funding2 # Rounds2 # Investors2
Event Date A (yrs)1
Solugen
Manufacturer of diversified green chemicals Sep 2021 - $30M 2 1
(2016, Houston, $387M)

Redwood Materials Provider of lithium ion batteries recycling


Jul 2021 - $42M 3 3
(2017, Carson City, $792M) solution

LanzaTech Provider of a bio-processing platform intended


May 2021 14.1 $355M 13 13
(2005, Skokie, $339M) to improve waste carbon treatment

Rubicon Software and mobile application to connect


Sep 2017 2.8 $218M 6 8
(2008, Atlanta, $429M) waste generators and waste removal firm

1 - Time taken from First funding to the Unicorn Event Date. 2 - Before Unicorn Round

39 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to List

Solugen
Manufacturer of diversified green chemicals
1.4K
Twitter Followers
NA
Mobile Downloads

2016 United States $387M - 61 NA 6


Founded Country Funding Annual Revenue Employee Count App Rating News Mentions

Founding Team Top Competitors


Gaurab Chakrabarti Sean Hunt
Co-Founder & CEO Co-Founder & CTO
World Economic Forum, ex-UT University of Delaware 2011, MIT PhD Danimer Scient... Zume Novomer
Southwestern Medical Center. Brown 2016 (2004, Bainbridge, $27M) (2015, Camarillo, $23M) (2004, Rochester, $46M)
Univers..

mobius Lactips UBQ Materials


(2016, Lenoir City, $200K) (2014, Saint-jean-bonnefonds, (2012, Tel Aviv)
$20M)
View all 106 Competitors

Funding Rounds Key News


Sep 2021 $357M Series C Baillie Gifford, GIC +6 more • Sep 2021 - Solugen Raises Over $350M in Series C Funding FinSMEs
Jul 2020 $30M Series B
Jun 2017 Undis.. Seed Refactor Capital

View all Key News

40 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to List

Redwood Materials
Provider of lithium ion batteries recycling solution
5.3K
Twitter Followers
NA
Mobile Downloads

2017 United States $792M - NA NA 43


Founded Country Funding Annual Revenue Employee Count App Rating News Mentions

Founding Team Top Competitors


JB Straubel
Founder & CEO
Ex-Co-Founder Volacom & Tesla, Rosen Li-Cycle American Manga... Battery Resour...
Motors. Stanford University BS 19.. (2016, Mississauga) (1987, Surrey) (2016, North Grafton, $91M)

Recupyl Lohum Tracegrow


(1993, Domene, $19M) (2011, Delhi, $11M) (2012, Karsamaki, $2M)

View all 17 Competitors

Funding Rounds Key News


Sep 2021 $50M Series C Ford • Sep 2021 - Redwood Materials and Ford Motor Company Announce
Strategic Relationship ElectronicsB2B
Jul 2021 $700M Series C T. Rowe Price +11 more
• Sep 2021 - Ford invests $50 million in an EV battery recycling company
Sep 2020 Undis.. Series B Amazon Engadget

Jul 2020 $40M Series B Breakthrough Energy, Capricorn • Sep 2021 - JB Straubel's Redwood Materials Announces 100GWh Battery
Factory In The US Carandbike
Apr 2017 $2M Seed
• Sep 2021 - Raft Of Recruits At Paragon Law Insider Media

View all Key News

41 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to List

LanzaTech
Provider of a bio-processing platform intended to improve waste carbon trea...
4.8K
Twitter Followers
NA
Mobile Downloads

2005 United States $339M - NA NA 109


Founded Country Funding Annual Revenue Employee Count App Rating News Mentions

Founding Team Top Competitors


Jennifer Holmgren Sean Simpson
CEO Co-Founder & CSO
Ex-UOP, LanzaJet. Harvey Mudd College University of Nottingham 1995, Teesside Ginkgo Bioworks Indigo Human Longevity
BSc, University of Illinois at U.. University BS 1994, University.. (2009, Boston, $796M) (2013, Boston, $1.2B) (2013, San Diego, $330M)

Amyris Genomatica Relay Therapeu...


(2003, Emeryville, $487M) (2000, San Diego, $388M) (2016, Cambridge, $520M)

View all 3530 Competitors

Funding Rounds Key News


May 2021 $4M Grant .. DOE +2 more • Nov 2021 - SAS, Vattenfall, Shell and Lanzatech are Researching the
Production of Synthetic, Sustainable Aviation Fuel & Hydrogen
Apr 2021 Undis.. Series E +1 more fuelcellsworks.com
Jun 2020 $50M Series E • Oct 2021 - LanzaTech teams with Indian engineers to develop bagasse-based
ethanol Biofuels Digest
Aug 2019 $72M Series E Novo Holdings
• Sep 2021 - LanzaTech and Twelve partner for CO2-to-polypropylene
Jul 2018 $543K Grant .. Gov.uk technology chemengonline.com
Jun 2018 Undis.. Series D BASF • Aug 2021 - Lanzatech To Begin Feed Work For Sustainable Aviation Fuels
View all 14 Funding Rounds Plant In South Wales chemengonline.com View all Key News

42 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to List

Rubicon
Software and mobile application to connect waste generators and waste remov...
1.4K
Twitter Followers
NA
Mobile Downloads

2008 United States $429M - NA NA 95


Founded Country Funding Annual Revenue Employee Count App Rating News Mentions

Founding Team Top Competitors


Henry M Dudgeon Nate Morris
Co-Founder & Director Co-Founder & CEO
Endeavor Louisville, ex-Transwestern. Founder Morris Industries. The George Rubicon Enevo Compology
University of Virginia BA Washington University BA 2003, P.. (1989, Portland, $1M) (2010, Espoo, $39M) (2012, San Francisco, $33M)

Lane Moore Marc Spiegel


Co-Founder Co-Founder
Founder QuarterMoore, PODS, Endeavor Founder Mimmer, Buckhead Ventures. Enway Bigbelly Solar Recykal
Atlanta. Hampden-Sydney College B.. University of Louisville (2017, Berlin, $7M) (2003, Newton, $4M) (2016, Hyderabad, $3M)

View all 120 Competitors

Funding Rounds Key News


Jul 2019 $161M Series E NZ Super Fund • Jul 2020 - Knotel Faces Lawsuit Due To Unpaid Rent Allwork.Space
Sep 2017 $50M Series E PROMECAP, Claritas Cap.. +6 more • Mar 2020 - Rubicon Certified as a Great Place to Work® for Third
Consecutive Year GlobeNewswire
Aug 2017 $74M Series C SUEZ
• Feb 2020 - Rubicon and DAVACO Help Starbucks Recycle Metal Fixtures QSR
Jan 2017 $50M Series C SUEZ Magazine

Dec 2015 $57M Series B Nima Capital, Goldman S.. +2 more • Dec 2019 - Helvetia Environnement Signs Technology Subscription
Agreement With Rubicon to Help Lead Innovation in the Swiss
Dec 2014 $30M Series A Fifth Third Bancorp Wast..GlobeNewswire
View all 8 Funding Rounds

43 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Investors in Unicorns by Stage of Entry
Company Seed Stage Early Stage Late Stage

Solugen
Refactor Capital, Trousdale Ventures Harpoon
(2016, Houston, $387M)

Redwood Materials
Amazon, Breakthrough Energy, Capricorn
(2017, Carson City, $792M)

LanzaTech Khosla Ventures, K1W1 Investments, Qiming Sinopec Shanghai Petrochemical Company
unreasonableimpact.com, Outset Ventures
(2005, Skokie, $339M) Venture Partners, +4 more Limited, Novo Ho.., +8 more

Rubicon Rotunda Capital Partners, Brown-Forman, Nima Capital, Goldman Sachs, Wellington
SUEZ
(2008, Atlanta, $429M) Capital Lab Management, Tudor, +2 more

Note: “Investors” includes only those Institutional Investors who have invested before the Unicorn Round.

44 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Top Unicorn Investors by Stage of Entry
# Unicorn
Investor Seed Stage Early Stage Late Stage Others*
Portfolio

Goldman Sachs 2 - Rubicon Redwood Materials -

Baillie Gifford 2 - - Solugen, Redwood Materials -

NZ Super Fund 2 - - Rubicon, LanzaTech -

CPP Investments 1 - - Redwood Materials -

Temasek 1 - - Solugen -

T. Rowe Price 1 - - Redwood Materials -

BlackRock 1 - - Solugen -

Fidelity
1 - - Redwood Materials -
Investments

DOE 1 - - - LanzaTech

Note: “Investors” includes only Institutional Investors who have invested before the Unicorn Round. Others*: Includes investors who have invested in Non Equity rounds or Undisclosed Rounds

45 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Soonicorn Club - List of Soonicorns
Company Tracxn Score Company Tracxn Score
AMCS 61.6 Plastic Energy 49.8
(2004, Ireland, $143M) (2017, United Ki.., $168M)

AMP Robotics 60.1 Infinited Fiber 49.8


(2015, United St.., $77.7M) (2016, Finland, $39.9M)

RTS 59.6 Battery Resourcers 48.0


(2015, United St.., $70.5M) (2016, United St.., $91.4M)

Enerkem 56.8 Ixiandou 34.9


(2000, Canada, $604M) (2015, China, $33.3M)

Crusoe Energy 56.6


(2018, United St.., $163M)

Joule Unlimited 55.2


(2007, United St.., $190M)

Ostara 53.5
(2005, Canada, $99.3M)

Renmatix 53.4
(2007, United St.., $251M)

Compology 52.0
(2012, United St.., $33.0M)

INENTEC 50.9
(1995, United St.., $230M)

Note: A Soonicorn is a company which is likely to achieve US $1 billion valuation in the short to medium term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.

46 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Soonicorn Club - List of Minicorns (1/2)
Company Tracxn Score Company Tracxn Score Company Tracxn Score
Phenix 65.0 GreenMantra Techno.. 51.3 California Safe Soil 46.3
(2014, France, $18.3M) (2010, Canada, $26.0M) (2012, United St.., $21.8M)

Attero Recycling 62.8 Enway 51.1 BHSL 45.3


(2008, India, $35.0M) (2017, Germany, $6.6M) (2006, Ireland, $15.7M)

Winnow 58.7 Sistema 50.1 Aries Clean Energy 44.4


(2013, United Ki.., $24.1M) (2009, Kenya, $12.0M) (2010, United St.., $21.4M)

Tiptapp 56.6 Resourcify 49.9 Selfrag 43.0


(2016, Sweden, $3.4M) (2015, Germany, $4.9M) (2007, Switzerland, $27.0M)

Let's Recycle 53.9 Evrnu 49.8 Lohum 42.8


(2012, India, $36.3M) (2014, United St.., $26.0M) (2011, India, $11.0M)

Greyparrot 53.7 Bio-bean 49.4 Industrial Organic 42.2


(2018, United Ki.., $3.4M) (2013, United Ki.., $7.3M) (2014, United St.., $5.7M)

ZenRobotics 52.8 BioCellection 48.1 Cryo Pur 41.4


(2007, Finland, $17.1M) (2015, United St.., $300K) (2015, France, $6.6M)

Enexor 52.8 Ioniqa 48.0 Shark Solution 39.9


(2015, United St.., $10.0M) (2009, Netherlands, $15.3M) (2005, Denmark, $19.7M)

Recycling Technolo.. 52.1 Smarter Sorting 47.9 Saperatec 39.7


(2011, United Ki.., $22.9M) (2015, United St.., $30.4M) (2010, Germany, $5.6M)

FORGE Hydrocarbons 51.3 Black Bear Carbon 47.2 Clean Robotics 38.9
(2012, Canada, $26.6M) (2010, Netherlands, $18.5M) (2015, United St..)

Note: A Minicorn is a company which is likely to achieve US $1 billion valuation in the medium to long term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.

47 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Soonicorn Club - List of Minicorns (2/2)
Company Tracxn Score Company Tracxn Score
ServiceCore 37.5 Superbin 28.2
(2003, United St.., $8.0M) (2015, South Korea, $16.8M)

Phoenix Tailings 37.5


(2019, United St.., $12.1M)

Community Eco Power 36.0


(1981, United St..)

Xylowatt 35.6
(2001, Belgium, $14.0M)

Solid Carbon Produ.. 34.0


(2009, United St.., $17.5M)

Gongye Technology 34.0


(2018, China, $15.6M)

Upcycle Technologies 32.0


(2006, United St.., $6.3M)

Healix 31.2
(2020, Netherlands, $11.8M)

Ronin8 Technologies 30.8


(2012, Canada, $300K)

Greenback 29.1
(2018, United Ki..)

Note: A Minicorn is a company which is likely to achieve US $1 billion valuation in the medium to long term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.

48 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models Marketmap
News Top Funded Business Models
Appendix Taxonomy

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Marketmap: HR Tech Sep 2020
Marketmap - Solid Waste Management Tech
COLLECTION RECYCLING Factsheet
TECH-ENABLED COLLECTORS RECYCLERS Overview
Companies 1227
LITHIUM Funded 483 Series A+ 86
MARKETPLACES Funding $5.8B Last 2 yrs $2.4B

PLASTIC Most Active Investors


VC - Seed
SMART BINS AND KIOSKS
VC - Early
FIBRE
VC - Late
BIN MONITORING
PE
WASTE SORTING ROBOTS Incubators
Exits
WASTE COLLECTION SOFTWARE IPOs 12 QuantaFuel, Ene..
Acquisitions 43 ISYS Interactiv..
ANALYTICS Top Acquirers routeware.com, ..

DISPOSAL Feed in Numbers


Unicorns 4 Soonicorns 14
MEDICAL
Minicorns 41 Editor Picks 263
WASTE DISPOSAL SYSTEMS
Acquihired - Deadpooled 69

Top Companies
Phenix (2014, France, $18.3M)
LanzaTech (2005, United St.., $339M)
WASTE-TO-ENERGY Attero Recyclin.. (2008, India, $35.0M)

Top Cities
Carson City - Cos $792M
Montreal - Cos $606M

*Upcoming Business Model


50 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Top Funded Business Models - last 1 year
Rank Business Model $ Funding # Rounds Top Funding Round Details
Redwood Materi.. (2017, United States)
1 ▲1 Lithium Battery Recyclers $843M 6
$700M - Series C
Link

Solugen (2016, United States)


2 ▲1 Agricultural Waste Conversion $357M 2
$357M - Series C
Link

Plastic Energy (2017, United Kingdom)


3 ▲11 Plastic Waste Recyclers $168M 3
$168M - Series A
Link

AMP Robotics (2015, United States)


4 ▲11 Robotic Solid Waste Sorting $60.1M 4
$55.0M - Series B
Link

RTS (2015, United States)


5 ▲7 Technolgy Based Waste Collection Services $45.2M 6
$35.0M - Series C
Link

Infinited Fiber (2016, Finland)


6 -- Fibre Waste Recyclers $35.7M 1
$35.7M - Series B
Link

Ostara (2005, Canada)


7 ▲2 Nutrient Recovery from Organic Waste $21.4M 2
$20.0M - Series D
Link

Evrnu (2014, United States)


8 ▼1 Textile Waste Recycling $16.6M 3
$15.0M - Series B
Link

Recycleye (2019, United Kingdom)


9 ▲2 Computer Vision Based Sorting $6.4M 3
$4.8M - Seed
Link

* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

51 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to index

$843M (▲2008%)
01 Lithium Battery Recyclers $ Invested in last 1 year

Redwood Materials American Manganese Battery Resourcers 6 (▲200%)


(2017, United States, $792M) (1987, Canada) (2016, United States, $91.4M) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

Redwood Mater.. (2017, United States) Solid Waste Management Tech (Phenix)
13 9 $700M - Series C - Jul 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies Battery Resou.. (2016, United States) Recycling (Attero Recycling)
$70.0M - Series B - Oct 2021 (# Cos: 332 | $2.2B)
Redwood Mater.. (2017, United States)
Tech Enabled Recyclers (Re:newcell)
$904M 2 $50.0M - Series C - Sep 2021
(# Cos: 94 | $1.2B)
Total $ Invested Soonicorn Club Battery Resou.. (2016, United States)
$21.4M - Series B - Apr 2021 Lithium (Redwood Materials)
(# Cos: 13 | $904M)
LINICO (2020, United States)
$2.0M - Seed - Feb 2021
1 2 LINICO Corp (2020, United States)
IPOs Acquisitions
Undisclosed - Seed - Feb 2021

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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$357M (▲1090%)
02 Agricultural Waste Conversion $ Invested in last 1 year

Solugen BioKind The Hurd Co 2 (▲100%)


(2016, United States, $387M) (2018, United Kingdom) (2019, United States) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

Solugen (2016, United States) Solid Waste Management Tech (Phenix)


6 5 $357M - Series C - Sep 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies YooNoon (2019, Denmark) Recycling (Attero Recycling)


Undisclosed - Seed - Feb 2021 (# Cos: 332 | $2.2B)

Organic Waste Conversion (Ostara)


$387M 1 (# Cos: 76 | $588M)
Total $ Invested Soonicorn Club
Agricultural Waste (Solugen)
(# Cos: 6 | $387M)

- -
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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$168M (▲ >10K%)
03 Plastic Waste Recyclers $ Invested in last 1 year

Plastic Energy Loop Industries Banyan Nation 3 ( <> 0% )


(2017, United Kingdom, $168M) (2015, Canada) (2013, India, $800K) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

Plastic Energy (2017, United Kingdom) Solid Waste Management Tech (Phenix)
33 13 $168M - Series A - Nov 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies Cleanhub (2004, Germany) Recycling (Attero Recycling)


Undisclosed - Seed - Jun 2021 (# Cos: 332 | $2.2B)
Plasta (1961, Lithuania)
Tech Enabled Recyclers (Redwood
$192M 1 Undisclosed - Seed - Mar 2021
Materials)
Total $ Invested Soonicorn Club (# Cos: 94 | $1.2B)
Plastic (Plastic Energy)
(# Cos: 33 | $192M)

2 2
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

54 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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$60.1M (▲ >10K%)
04 Robotic Solid Waste Sorting $ Invested in last 1 year

AMP Robotics ZenRobotics Pellenc ST 4 (▲300%)


(2015, United States, $77.7M) (2007, Finland, $17.1M) (2001, France, $425K) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

AMP Robotics (2015, United States) Solid Waste Management Tech (Phenix)
24 15 $55.0M - Series B - Dec 2020 (# Cos: 1228 | $5.8B)

Companies Funded Companies Smarter Sorting (2015, United States) Recycling (Attero Recycling)
$4.1M - Series A - Apr 2021 (# Cos: 332 | $2.2B)
IRS (2018, India)
Automated Sorting (Greyparrot)
$146M 4 $1.0M - Seed - May 2021
(# Cos: 35 | $156M)
Total $ Invested Soonicorn Club Gongye Technology (2018, China)
Undisclosed - Seed - Oct 2021 Robots (AMP Robotics)
(# Cos: 24 | $146M)

- 1
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Technolgy Based Waste Collection $45.2M (▲2780%)


05 Services $ Invested in last 1 year

RTS Rubicon Recyclebank 6 (▲200%)


(2015, United States, $70.5M) (1989, United States, $1.0M) (2004, United States, $90.0M) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

RTS (2015, United States) Solid Waste Management Tech (Phenix)


204 47 $35.0M - Series C - Jun 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies Seenons (2019, Netherlands) Collection (AMCS)


$6.9M - Series A - Oct 2021 (# Cos: 634 | $1.3B)
Litta (2017, United Kingdom)
Tech-enabled Collectors (RTS)
$213M 2 $2.7M - Series A - Aug 2021
(# Cos: 204 | $213M)
Total $ Invested Soonicorn Club SGRecycle (2020, Singapore)
$1.4M - Seed - Sep 2021
PIN-IoT (2018, United Kingdom)
$547K - Seed - Feb 2021
- 6 Plstka (2020, Egypt)
IPOs Acquisitions
Undisclosed - Seed - Dec 2021

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

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$35.7M ( -- )
06 Fibre Waste Recyclers $ Invested in last 1 year

Re:newcell Infinited Fiber Ambercycle 1 ( -- )


(2012, Sweden, $11.0M) (2016, Finland, $39.9M) (2013, United States) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

Infinited Fiber (2016, Finland) Solid Waste Management Tech (Phenix)


12 10 $35.7M - Series B - Jun 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies


Recycling (Attero Recycling)
(# Cos: 332 | $2.2B)

Tech Enabled Recyclers (Redwood


$76.0M 2 Materials)
Total $ Invested Soonicorn Club (# Cos: 94 | $1.2B)
Fibre (Re:newcell)
(# Cos: 12 | $76.0M)

1 -
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

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$21.4M (▲329%)
07 Nutrient Recovery from Organic Waste $ Invested in last 1 year

Ostara WISErg California Safe Soil 2 (▲100%)


(2005, Canada, $99.3M) (2010, United States, $56.6M) (2012, United States, $21.8M) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

Ostara (2005, Canada) Solid Waste Management Tech (Phenix)


29 14 $20.0M - Series D - Apr 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies INTAG (2016, United States) Recycling (Attero Recycling)
$1.4M - Series A - Mar 2021 (# Cos: 332 | $2.2B)

Organic Waste Conversion (Solugen)


$181M 2 (# Cos: 76 | $588M)
Total $ Invested Soonicorn Club
Nutrient Recovery (Ostara)
(# Cos: 29 | $181M)

1 2
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Back to index

$16.6M (▲83.6%)
08 Textile Waste Recycling $ Invested in last 1 year

Evrnu Worn Again Recover 3 (▲200%)


(2014, United States, $26.0M) (2005, United Kingdom, $15.7M) (1947, Spain) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

Evrnu (2014, United States) Solid Waste Management Tech (Phenix)


3 3 $15.0M - Series B - Oct 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies Evrnu (2014, United States) Recycling (AMP Robotics)
$1.6M - Series A - May 2021 (# Cos: 332 | $2.2B)
Recover (1947, Spain)
Technology Providers (Attero Recycling)
$41.7M 1 Undisclosed - Seed - Dec 2020
(# Cos: 83 | $169M)
Total $ Invested Soonicorn Club
Textile Recycling (Evrnu)
(# Cos: 3 | $41.7M)

- -
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

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Back to index

$6.4M (▲178%)
09 Computer Vision Based Sorting $ Invested in last 1 year

Greyparrot Recycleye Recircula Solutions 3 (▲50%)


(2018, United Kingdom, $3.4M) (2019, United Kingdom, $6.4M) (2017, Spain) # Funding Rounds in last 1 year

Key Stats Recent Funding Rounds Taxonomy

Recycleye (2019, United Kingdom) Solid Waste Management Tech (Phenix)


11 5 $4.8M - Seed - Sep 2021 (# Cos: 1228 | $5.8B)

Companies Funded Companies Recycleye (2019, United Kingdom) Recycling (Attero Recycling)
$1.6M - Seed - Dec 2020 (# Cos: 332 | $2.2B)
Recircula Solutions (2017, Spain)
Automated Sorting (AMP Robotics)
$9.9M 1 Undisclosed - Seed - Jul 2021
(# Cos: 35 | $156M)
Total $ Invested Soonicorn Club
Computer Vision Software
(Greyparrot)
(# Cos: 11 | $9.9M)

- -
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

60 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Taxonomy
# Cos # Funded $ Funding
Taxonomy Total Funding Notable Companies
Tracked Cos. (Last 2y)

Tech Enabled Waste Management Services 53 16 $68.6M $26.4M (▲107%) Let's Recycle, TheKabadiWala

Collection 634 190 $1.3B $359M (▲20%) AMCS, RTS

Recycling 331 184 $2.2B $1.7B (▲788%) Attero Recycling, AMP Robotics

Disposal 50 18 $32.7M $9.9M (▼49%) Phenix, Fazla Gida

Waste-To-Energy 152 74 $2.1B $269M (▼47%) LanzaTech, Enerkem

View full Taxonomy on Tracxn Platform

61 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News Recent Key News
Appendix

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Recent Key News (1/3)
Transactions Company Updates
● Egyptian waste management startup Plstka secures seed funding round ● Plug and Play Selects Enexor BioEnergy to Join Energy and Sustainability
Disrupt Africa Accelerator to Catalyz.. Business Wire
● GranBio gets funding for nanocellulose dispersion composite scale-up ● Attero Recycling courts Tesla to supply battery parts for Gigafactory
WorldOfChemicals Livemint
● Recycling Technologies IPO price set at 150p-170p Proactive Investors ● Aries Linden Biosolids Gasification Plant Reaches Mechanical Completion
Business Wire
● Cruz Foam Raises $2.5M in Seed Funding FinSMEs
● American Manganese Receives Notice of Allowance from Canadian
● Chinese startup raises funds as it develops garbage sorting robot Nihon Investing News
Keizai Shimbun
● DMT celebrates opening of Arizona RNG facility bioenergy-news.com
● Pyrowave Continues to Grow With Quebec's Support CNW
● AMP Robotics and Agrex-Eco Launch AI-Powered Recycling
● Irish Firm AMCS Acquires Dossier Systems ttnews.com
Demonstration Site in Poland Business Wire
● Olyns locks in $1m seed financing led by Vanedge Capital Venture Capital
● American Manganese Successfully Upcycles EV Battery Black Mass into
Journal
NMC-811 Cathode Precursor Investing News
● Clean Vision’s Clean-Seas Acquires Pyrolysis Plant for Deployment in
● Wrangler® Launches Its Most Sustainable Denim Yet, Featuring
India; Activates Previousl.. GlobeNewswire
Planet-Friendly Fiber Made from Te.. Business Wire
● Plastic Energy Completes €145 Million Fundraise to Accelerate Global
● JB Straubel's Redwood Materials Announces 100GWh Battery Factory In
Expansion of Recycling Technolog.. WebWire
The US Carandbike
● American Manganese to Participate in Upcoming Investment
Conferences Investing News

63 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Recent Key News (2/3)
Legal Partnerships
● US judge 'disturbed' by Google’s data collection practices The National ● Alto Packaging installs Amut Ecotech, Erema extrusion line Recycling Today

● Australia's controversial media code that targets Google and Facebook is ● Li-Cycle Partners with Arrival to Advance EV Battery Recycling Business
now law TechRadar Wire

● Judge In Google Case 'Disturbed' That Even ‘Incognito’ Users Are Tracked ● Pioneering recycling plant to be developed in Swindon Insider Media
Deccan Herald
● stc announces partnership with Sensoneo to drive smart waste
● French antitrust investigators say Google breached its orders on talks management IoT Now
with news publishers Devdiscourse
● Neutral Fuels, GAC Bunker Fuels partner on maritime emissions Trade
● Australia's planned content laws to not change despite Facebook block Arabia
Business Today
● Ganni partners with Infinited Fiber FashionUnited
● Bronstein, Gewirtz & Grossman, LLC Reminds Loop Industries, Inc.
● Clean Computing Company Crusoe Energy Selected as Launch Partner
Investors of Class Action and .. Business Wire
for Carbon Credit Initiative B.. Business Wire
● The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline
● SAS, Vattenfall, Shell and Lanzatech are Researching the Production of
in the Class Action Laws.. Business Wire
Synthetic, Sustaina.. fuelcellsworks.com
● Top Ranked Rosen Law Firm Reminds Loop Industries, Inc. Investors of
● LanzaTech teams with Indian engineers to develop bagasse-based
Important December 14 Dead.. Business Wire
ethanol Biofuels Digest
● Hagens Berman, National Trial Attorneys, Alerts Loop Industries
● TotalEnergies, partners to build advanced plastic recycling plant in Texas
(NASDAQ: LOOP) Investors to Coca-.. PR Newswire
Seeking Alpha
● Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit
Has Been Filed Agains.. Business Wire

64 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Recent Key News (3/3)
People Movement Other
● Li-Cycle Appoints Debbie Simpson as Chief Financial Officer Business Wire ● American Manganese poised to strengthen its global patent Proactive
Investors
● Re Match establishing first North American facility in Luzerne County,
Pennsylvania poandpo.com ● Recover™ Wins the Disruptor Award at the Drapers Award 2021 in Its
Efforts to Close the Loop on.. Business Wire
● Li-Cycle Appoints Nahla Azmy as SVP, Investor Relations and Financial
Communications Business Wire ● Recover™ wins the Ryan Young Climate+ Award at the Textile
Sustainability Conference 2021, conf.. Business Wire
● American Manganese Appoints Director Investing News
● Li-Cycle recognized for its sustainability efforts Rochester Business Journal
● Li-Cycle Appoints Manfred Schmidt as Commercial VP, Battery Supply for
EMEA Business Wire ● Loop Industries EPS beats by $0.10 Seeking Alpha

● American Manganese Announces Resignation of a Director Investing News ● Recover™ Recognized in Fast Company’s 2021 Innovation by Design
Awards for its Mission to Achie.. Business Wire
● Sunderland recycling plant set to create hundreds of jobs Bdaily
● Li-cycle Reports Loss In Q3 Rochester Business Journal
● Affärsverken Karlskrona adds dLab’s solution to a new station
GlobeNewswire ● Japanese Patent Office Issues Patent for American Manganese’s
Closed-Loop Lithium-ion Battery .. Investing News
● Raft Of Recruits At Paragon Law Insider Media
● Loop Industries EPS in-line Seeking Alpha
● Li-Cycle Holdings Corp. will create 30 jobs with new battery recycling
plant in Tuscalo.. The Business Journals ● Rubicon Recognized as a “Best for the World” B Corp for Environmental
Excellence for Third Year.. GlobeNewswire

65 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Overview
Funding
Investors
IPOs
Acquisitions
Companies
Unicorns
Business Models
News
Appendix

Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Vendor Discovery
# Vendor Name Country # Customers Customers

1 ALPHAJUMP Germany 1 TOMRA (-)

2 Angel Investment.. United Kingdom 1 The Wholeleaf Company (-)

3 AXS GUARD Belgium 1 TOMRA (-)

4 Barcode to PC 1 Sensoneo ($2.3M)

5 Angel Investment.. Canada 1 The Wholeleaf Company (-)

6 Codifier India 1 GeniCan (-)

7 EcotechInfra India 1 MAIREC (-)

8 Ecotech India 1 MAIREC (-)

9 Emma Systems Norway 1 TOMRA (-)

10 Expektra Sweden 1 The Karlskrona AB business (-)

Note: Numbers in bracket indicate the total funding of the company.

67 Feed Report - Solid Waste Management Tech - Dec 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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