VitAG Corp., a Beach Island, S.C.based recycler of municipal biosolids, has secured up to $60 million in private equity commitments. The VitAG process creates a sustainable and economic solution for recycling biosolids into a commercially viable fertilizer. The proprietary VitAG technology creates a granular, high-value fertilizer product that meets and exceeds the USEPA Class A […]
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Waste Remedies, a St. Louis-based waste management consulting firm, has raised $7.25 million in financing. Founded in 1995, Waste Remedies provides consulting, management and brokerage services for waste removal. Teaming with property managers, manufacturers, retailers and restaurants, Waste Remedies arranges waste removal and recycling at considerably lower cost, often producing savings of as much as […]
Lehigh Technologies, Inc., a leading manufacturer of engineered ultra-fine rubber powder, has announced that it has closed a $34.5 million financing. The company said the funds will be used to build a new $15 million rubber recycling plant next year. Founded in 2003, Lehigh created a proprietary process that creates a powder of recycled rubber […]
ECORE International Inc., a leader in manufacturing and marketing innovative, environmentally sustainable products and solutions for the global marketplace, has received $29 million in equity financing. As North America’s largest user of scrap tire rubber, ECORE recycles 80 million pounds of tire rubber each year, helping conserve more than 1 million barrels of oil in […]
Algae bioreactor maker GreenFuel Technologies Inc. of Cambridge has raised $13.9 million. GreenFuel’s technology uses algae to mitigate both nitrous oxide and carbon dioxide, key components in greenhouse gas emissions, from the flue streams of oil, coal and gas burning power plants. The resulting algal biomass can also be used for energy applications, from feed […]
RecycleBank, a Philadelphia company that rewards people for recycling at home, has raised another $30 million in financing. The company signs deals with waste disposal companies so that it can track the recycling habits of households - using technologies like radio frequency identification monitoring chips placed on bins and hauling trucks. Households in the company’s […]
New Earth Solutions Ltd., a UK-based operator of waste facilities, has raised Gbp4 million ($7.85 mm). New Earth, a biological waste treatment and resource recovery company, was established to help local authorities meet their obligations to divert waste from landfill under the EU landfill directive. Local authorities now face limitations on the amount of biodegradable […]
Waltham’s Second Rotation Inc., a web based service that automates the sale of products on websites such as eBay or Craigslist, reports it has raised $4.4 million in Series A funding. Rousseau Aurelien founded Second Rotation in 2006. Aurelien developed a “dynamic pricing calculator,” which is designed to calculate the value of electronic goods listed […]
EnerTech Environmental, Inc., a privately held renewable energy company, announced today that it has raised $42 million in a second round of corporate financing. EnerTech Environmental, Inc. is a renewable energy company dedicated to the protection of public health and the environment. The company provides answers to the problems of traditional waste management methods and […]
Novomer, Inc. raises $6,600,000. Novomer is a new materials company pioneering a family of low-cost, high-performance, green plastics, polymers and other chemicals. Other biodegradable plastics utilize expensive, limited, food feedstocks and costly biological production processes. Novomer re-uses carbon dioxide as a major input in a low-cost, precision-quality, chemical process that produces a class of uniform […]
recycling
Environmental