About Reclaim Plastics
Reclaim Plastics is a company based in Burnaby (Canada) founded in 2017.. Reclaim Plastics has raised $667 thousand across 1 funding round. Reclaim Plastics offers products and services including Plastic Recycling Service, Material Separation, Product Destruction, and Toll Grinding. Reclaim Plastics operates in a competitive market with competitors including Polystyvert, Reusables, Bioform, Plascon Plastics and Mason Resources, among others.
- Headquarter Burnaby, Canada
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Sectors
Environment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$667 K (USD)
in 1 rounds
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Latest Funding Round
$667 K (USD), Seed
May 20, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Reclaim Plastics
Reclaim Plastics offers a comprehensive portfolio of products and services, including Plastic Recycling Service, Material Separation, Product Destruction, and Toll Grinding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides customized solutions for industrial plastic waste recycling
Separates hybrid plastics for effective recycling
Handles certified destruction and recycling of products
Grinds plastic cut-offs to reduce waste and reuse materials
Funding Insights of Reclaim Plastics
Reclaim Plastics has successfully raised a total of $667K through 1 strategic funding round. The most recent funding activity was a Seed round of $667 thousand completed in May 2021. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $667,000
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First Round
First Round
(20 May 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Seed - Reclaim Plastics | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Reclaim Plastics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Reclaim Plastics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reclaim Plastics Comparisons
Competitors of Reclaim Plastics
Reclaim Plastics 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 Polystyvert, Reusables, Bioform, Plascon Plastics and Mason Resources, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Technology solutions for polystyrene recycling are provided.
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| domain | founded_year | HQ Location |
Waste packaging recycling services are provided to clients.
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| domain | founded_year | HQ Location |
Alternatives to single-use plastics are developed via low-energy hydrogel manufacturing.
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| domain | founded_year | HQ Location |
Plastic waste recycling services are provided by Plascon Plastics.
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| domain | founded_year | HQ Location |
Plastics waste recycling services are provided by Mason Resources.
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| domain | founded_year | HQ Location |
Plastic waste recycling services are provided by CXTL.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reclaim Plastics
Frequently Asked Questions about Reclaim Plastics
When was Reclaim Plastics founded?
Reclaim Plastics was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Reclaim Plastics located?
Reclaim Plastics is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.
Is Reclaim Plastics a funded company?
Reclaim Plastics is a funded company, having raised a total of $667K across 1 funding round to date. The company's 1st funding round was a Seed of $667K, raised on May 20, 2021.
What does Reclaim Plastics do?
Reclaim Plastics was founded in 2017 and is based in Burnaby, Canada. Operations focus on the recycling and processing of plastics within the waste management sector. Services include collection, sorting, and transformation of plastic materials into reusable forms. Activities are conducted to support sustainable waste handling in the region, with emphasis on industrial and commercial clients. The company operates primarily in North America, adhering to environmental regulations.
Who are the top competitors of Reclaim Plastics?
Reclaim Plastics's top competitors include Polystyvert, Reusables and Bioform.
What products or services does Reclaim Plastics offer?
Reclaim Plastics offers Plastic Recycling Service, Material Separation, Product Destruction, and Toll Grinding.