Scottish climate tech group Impact Recycling has secured £3.3m in new funding supporting its polymer recycling technology.
Founded in 2014, the company has developed a proprietary system for recovering high-purity recycled polymers from consumer waste.
Impact Recycling’s water-based density separation technology, called Baffled Oscillation Separation System, or BOSS, separates mixed plastic waste into rigid and flexible polymer positions.
The firm has operational plants in Glasgow and Peterlee, with the former specialising in medical plastic waste from the NHS and the latter recycling flexible film packaging.
“This investment marks a significant milestone in our journey. With strong demand from global partners and our licensing model gaining traction, we’re well-positioned to scale our operations,” said David Walsh, chief executive of Impact Recycling.
The funding round was a follow-on investment from IW Capital.
“Impact Recycling exemplifies the kind of business we’re proud to support—deeply innovative, commercially proven, and playing a critical role in the future of sustainable materials,” said Alan Armstrong, chairman and head of investment.
“Their proprietary BOSS technology and strong customer traction make them a standout opportunity in a market undergoing rapid regulatory and consumer-driven change.”
In 2023, the firm received grant funding from Innovate UK along with a £7m loan from Nestlé.
Register for Free
Bookmark your favorite posts, get daily updates, and enjoy an ad-reduced experience.
Already have an account? Log in
