New funding announcement bringing our latest funding raised to £1.5M

LabCycle has been awarded an Innovate UK Investment Partnership grant alongside the successful second close of our seed investment round, bringing our latest funding raised to £1.5M.

The round was supported by QantX, Angel Academe, British Design Fund, Angel Investors Bristol and several angel investors.

The investment will support three key areas:

• Boosting our recycling capacity at our new facility
• Expanding our specialist recycling technology
• Growing our team

Our mission remains creating a compliant, low-carbon alternative to incineration for contaminated laboratory plastic waste.

If your laboratory is looking to manage contaminated laboratory plastics while reducing Scope 3 emissions and supporting your sustainability goals, we would love to hear from you.

With thanks to our supporters, including Innovate UK, SBRI Healthcare, Health Innovation Kent Surrey Sussex and the University of Bath.