MBA Polymers, a US-based industrial plastics recycling company, has raised $25m in its latest round.
MBA Polymers, a US-based industrial plastics recycling company, has raised $25m in its latest round.
In a regulatory filing last month, MBA said it had closed on $6.6m of the $25m round from 11 investors, including Honeywell Capital Management, an asset manager chaired by New York-listed industrial conglomerate Honeywell International, and Hong Kong-based Less Plastics were in the consortium, along with US bank Citigroup’s Sustainable Development Investments and venture capital firms Doughty Hanson Technology Ventures and Balderton Capital.
Doughty Hanson…
