ReSolved Technologies is a pioneering startup in plastic recycling technology. With this technology, the company aims to increase the circularity of plastics by extracting valuable plastics from difficult-to-recycle waste streams and convert them to recycled material of near-virgin quality.
ReSolved Technologies specialises in solvent-based recycling, offering a solution for the closed-loop recycling of engineering plastics and soft PVC from complex waste streams. The ReSolved technology involves selective dissolution of plastics followed by deep purification of the polymer solution including the removal of legacy additives, resulting in near-virgin quality recycled materials. The secured funding will be used to further develop and commercialize the ReSolved technology.
Ifund invested in ReSolved Technologies in August 2023, alongside Brightlands Venture Partners. With this funding, ReSolved will have the capability to manufacture recyclate that can be applied in various applications, e.g., in electric and electronic equipment, automotive applications and in the construction industry. In doing so, ReSolved can further develop and scale up the technology and drive the company’s mission of a circular material supply.