Kyudenko provided an undisclosed sum for the Itochu, Toyoshima, Taiyo Kogyo and NTT Docomo-backed clothes and plastics recycling technology developer.
Japan-based apparel and plastics recycling service Japan Environment Planning (Jeplan) received an undisclosed amount of funding from construction firm Kyudenko Corporation on Friday.
Founded in 2007, Jeplan is developing circular economy technology and projects designed for multiple industries, focusing on producing clothes and plastic bottles using recycled materials. It raised an undisclosed amount of funding from biofuel supplier Euglena and camping equipment producer Snow Peak in June 2018.
Diversified trading group Itochu, Osaka University Venture Capital and QB Capital had…