RECOTECH Completes Series A Funding Led by Mercuria to Enhance Circular Economy Platform 'pool'
RECOTECH announced the completion of its Series A funding round on February 27, led by Mercuria Supply Chain Fund. The funding amount is undisclosed. The company aims to accelerate product development and expand its workforce for the 'pool' platform, which promotes a circular economy through waste digitization. Full-scale implementation is planned for 1,200 locations by April 2026, following trials at 200 locations. Previous funding was secured in July 2024, with various investors participating.
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RECOTECH has completed a Series A funding round led by Mercuria Supply Chain Fund, with undisclosed financial details. The funds will support the growth of the 'pool' platform, which digitizes waste for circular economy initiatives.
Implementation is underway in facilities in Yokohama City, with plans for 1,200 locations by April 2026 after trials at 200 sites. Additionally, 'pool' was recently adopted at the Tamagawa Takashimaya Shopping Center recycling station. RECOTECH previously completed a pre-Series A round in July 2024, attracting investors like Spiral Innovation Partners and Sumitomo Mitsui Trust Bank.
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