Israel
Plastic Back, established in 2019, stands at the intersection of Manufacturing and Renewable Energy, driving innovative solutions in the recycling sector. Based in Israel, the company has developed a proprietary conversion technology that transforms plastic waste into crude oil, waxes, and other valuable chemicals through a chemical oxidation process.
The core offering of Plastic Back enables treatment and landfill sites to significantly reduce waste accumulation, presenting a cost-effective alternative for 'waste producers' like factories, agricultural operations, and hospitals who face hefty waste disposal fees. This solution emphasizes the company's commitment to sustainability.
The most recent financial traction for Plastic Back includes a $75.00K Pre Seed Round led by Magic Fund on 01 September 2021. This early-stage investment underscores investor confidence in the company's growth potential, reflecting its promising role in revolutionizing waste management.
