Itero

London, United Kingdom Founded: 2010 • Age: 16 yrs
Plastic waste is converted into petrochemicals via chemical recycling solutions.
Annual revenue - Latest available
Total funding $11.5M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Itero

Itero is a company based in London (United Kingdom) founded in 2010. Itero has raised $11.45 million across 2 funding rounds from investors including Infinity Recycling's Circular Plastics Fund. Itero offers products and services including Pyrolysis Technology, Pilot Plant, and Demonstration Plant. Itero operates in a competitive market with competitors including DePoly, Plastogaz, BlueAlp, Ecoin Energy and Poseidon Plastics, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Environment
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  • Website
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  • Legal Name Itero Technologies Limited
  • Date of Incorporation 11 Dec, 2020
  • Jurisdiction IVER, BUCKINGHAMSHIRE, ENGLAND
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11.45 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.25 M (USD), Series A

    Jun 18, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Itero

Itero offers a comprehensive portfolio of products and services, including Pyrolysis Technology, Pilot Plant, and Demonstration Plant.

Product name locked
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Primary

Converts plastic waste into circular products for sustainable manufacturing.

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Optimizes recycling technology for real-world waste processing.

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Facilitates large-scale plastic waste conversion and testing.

People of Itero

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Simon Hansford
Chief Executive Officer
People
Geoff Smith
CTO
People
James Helliwell
Principal Design Engineer

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Funding Insights of Itero

Itero has successfully raised a total of $11.45M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.25 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Itero

Itero has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Infinity Recycling's Circular Plastics Fund.

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Institutional
Investor Description Founded Year Domain Location
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Investor details for Itero

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Investments & Acquisitions by Itero

Investments
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Investment portfolio details for Itero

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Financial Statements - Itero

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Detailed financials for Itero

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Itero Comparisons

Itero Primary company
Description
Plastic waste is converted into petrochemicals via chemical ...
Location
London, United Kingdom
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Itero

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Itero

Itero operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DePoly, Plastogaz, BlueAlp, Ecoin Energy and Poseidon Plastics, among others.

Company Name Domain Founded year HQ Location Description
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Unsorted PET waste is recycled into virgin-grade raw materials.
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Provider of technology to convert plastic waste into chemicals
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Product oil is manufactured by BlueAlp in the Netherlands.
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Waste plastic is recycled through pyrolysis liquefaction machinery.
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Chemical recycling technology for PET plastic waste is developed.
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Detailed competitors of Itero

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Latest news on Itero

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Complete news archive for Itero

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Frequently Asked Questions about Itero

Itero was founded in 2010 and raised its 1st funding round 11 years after it was founded.

Itero is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Simon Hansford is the current CEO of Itero.

Itero is a funded company, having raised a total of $11.45M across 2 funding rounds to date.

Itero was founded in 2010 and is headquartered in London, United Kingdom. Operations focus on the environmental technology sector, where chemical recycling processes are utilized to transform non-mechanically recyclable plastic waste into petrochemical products. Waste streams are diverted from landfills and incineration, supporting the development of a circular economy for plastics. Services emphasize sustainable and economic waste management solutions.

Itero's top competitors include DePoly, BlueAlp and Plastogaz.

Itero offers Pyrolysis Technology, Pilot Plant, and Demonstration Plant.

Itero has 1 investor. Key investors include Infinity Recycling's Circular Plastics Fund.

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