Metaspectral Snaps $4.7M Seed Round To Bring Real-Time Hyperspectral Data To Recycling
Nov 16, 2022•almost 3 years ago
Amount Raised
$4.7 Million
Round Type
seed
Investors
Acequia CapitalSoma Capital
Description
For all its promise, the current state of solid-waste recycling leaves a lot to be desired. Plastic waste is among the worst: It represents about 12% of solid waste in the U.S., but only about 4.5% of what gets recycled.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers