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PureCycle Technologies
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Short description

Developer of technology that separates color, odor and contaminants from plastic waste feedstock to transform it into resin

Founded in 2015
Founded in

Company type Public Public (PCT)
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Chicago, IL Chicago, United States
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Updated by Sunena Gupta at on 09/15/2023

Edited by Cleantech Group on 10/29/2024

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Date Company
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Date Partner Type
11/29/2023
Milliken Milliken
PureCycle Technologies sent out a commercial shipment of Ultra-Pure Recycled (“UPR”) resin to Milliken & Compan. This delivery of UPR resin will allow Milliken to trial the industry’s first fully sustainable concentrate for polypropylene.
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Confirmed by Milliken
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IPO INFORMATION

Date

03/18/2021

IPO status

Listed

IPO Type

SPAC

Amount

Initial shares

Ticker symbol

PCT

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Description

PureCycle Technologies completes business combination with Roth CH Acquisition I Co. and will begin trading on Nasdaq.

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Date Investors Type Amount
02/05/2025 Pleiade Venture Pleiade Venture , Sylebra Capital Sylebra Capital , Samlyn Capital Samlyn Capital (3)
Post-money valuation of
The capital raised is expected to assist PureCycle in its efforts to continue bringing its patented dissolution recycling process to market.
 Follow-on Public Offering $33,000,000
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