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PureCycle raises $300 million in a funding round to expand its global recycling capacity, aiming for one billion pounds of polypropylene processing by 2030, with support from key investors.

Jun 18, 2025•28 days ago

Amount Raised

$300 Million

OrlandoManufacturing

Investors

Sylebra Capital ManagementPleiad Investment AdvisorsSamlyn CapitalWasserstein Debt OpportunitiesDuquesne Family Office Llc

Description

PureCycle announced a $300 million capital raise to expand its recycled plastics footprint. The funding round includes new and returning investors such as Duquesne Family Office and Samlyn Capital. The capital will support projects across the U.S., Europe, and Asia. CEO Dustin Olson emphasized the importance of growth at this time.

Company Information

Company

PureCycle Technologies

Location

Orlando, Florida, United States

About

PureCycle's patented purification recycling technology, developed by The Procter & Gamble Company, is designed to transform polypropylene plastic waste (designated as No. 5 plastic) into a continuously renewable resource. Our unique purification process removes color, odor, and other impurities from No. 5 plastic waste resulting in an ultra-pure recycled (UPR) plastic that can be recycled and reused over and over again, changing our relationship with plastic.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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