Samsara Eco raises $100m to recycle plastics

Plastic recycling startup Samsara Eco has raised $100 million in its latest funding round. Led by global investment company, Temasek and Australian deep tech investment fund, Main Sequence, funds also came from Wollemi Capital, lululemon, Hitachi Ventures, Titanium Ventures (formerly Telstra Ventures) and DCVC. The capital will help Samsara Eco scale its enzymatic recycling capabilities,…

lululemon, Samsara say new recycled polyester jacket is a world first

Plastic recycling startup Samsara Eco has announced the next step in its partnership with athletic clothing brand lululemon, launching their first product containing “enzymatically recycled polyester” on Thursday. According to a statement from the pair, a limited edition Packable Anorak jacket by lululemon contains “a variety of inputs, including mixed plastic waste, lululemon apparel at…