Swindon-based Recycling Technologies, which manufactures equipment that converts waste plastic into oil, has received funding from ‘seed fund’ specialist EcoMachines. It will also use the money to accelerate its growth plans. A number of ‘business angels’ joined in the EcoMachines investment round.
Adrian Griffiths, founder and managing director of Recycling Technologies, said: “We are delighted to be working with EcoMachines; its investment and support will help the company to accelerate bringing this exciting technology to the market.”