# Plastic Energy: Environmental services, London, United Kingdom > Plastic Energy: Plastic Energy is a leader in advanced chemical recycling, focused on converting end-of-life plastic waste into high-quality feedstock for... Source: https://millionrounds.com/startup/plastic-energy (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Environmental services startup](https://millionrounds.com/companies) # Plastic Energy Plastic Energy is a leader in advanced chemical recycling, focused on converting end-of-life plastic waste into high-quality feedstock for producing recycled plastics. Funding reported Last round: Undisclosed round Environmental services London, United Kingdom Company summary - **Founded:** 2011 15 years old - **Team:** 190 51 to 200 people - **Funding reported:** 124M as listed, currency not stated - **Last round:** Undisclosed round Nov 2021 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Plastic Energy has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About Plastic Energy Plastic Energy is a leader in advanced chemical recycling, focused on converting end-of-life plastic waste into high-quality feedstock for producing recycled plastics. Founded in 2011, the company has developed proprietary technology to tackle plastic pollution and reduce reliance on fossil resources. Headquartered in London, it operates two chemical recycling plants in Spain and is expanding its global presence with additional facilities. The company's main service is its patented Thermal Anaerobic Conversion (TAC) process, which transforms hard-to-recycle plastics into valuable resources. Plastic Energy produces TACOILTM, a recycled hydrocarbon oil that serves as a sustainable feedstock for the petrochemical industry, and TACFILLERTM, a mineral product used in rubber formulations. By supplying these products to major players in the petrochemical and rubber industries, Plastic Energy supports the transition to a low-carbon circular economy, helping to reduce waste and promote sustainability. ## What company datasets say Plastic Energy raised Funding, as reported Reported in all **124M** in the source's currency Rounds **3** Last round **Undisclosed round** Last round size **159.5M** Last round date **Nov 2021** Investors listed **5** ## Funding filed with regulators Plastic Energy filed 2 raises, $111M in all. Filings say how much was sold and to how many investors; they never name the investors. - Dec 2024 **$27M** UK share allotment - Nov 2023 **$83M** UK share allotment ## Founders and team From Plastic Energy's own website: 1 founder, 7 on the team. **Carlos Monreal** Founder and Chief Executive Officer - **Christopher Strivens** Executive Vice President of Technology - **Daniel De Sousa** Vice President of Digital Technologies - **Hernan Calvo** Vice President of Sales and Corporate Development - **Olga Olmedo** Chief Financial Officer - **Susan Fitzsimons** Head of Communications - **Charlotte Holder** General Counsel - **Sophie Bergman** UK HR Manager ## On 4 portfolio pages Investors who name them - [Deutsche Invest capital Partners](https://millionrounds.com/fund/deutsche-invest-capital-partners) - [Capmont](https://millionrounds.com/fund/capmont) - [DI Kapital](https://millionrounds.com/fund/di-kapital) - [Letterone Holdings SA](https://millionrounds.com/fund/letterone) Each firm lists Plastic Energy on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for chemical recycling advanced recycling polymer recycling circular economy end of life plastic waste processing plastic2plastic plastic recycling Built with from their website Microsoft Azure Monitor IoT Google Tag Manager WordPress.org Font Awesome GitHub MailChimp Viewport Meta SVG Support AI +8 more Underscore.js Microsoft Excel Microsoft SQL Server Reporting Services Blazor Priority Hints Google Font API imagesLoaded Microsoft Exchange - **Sector:** Environmental services - **Industry code:** NAICS 325199, 562920, SIC 1382 - **Region:** England - **Revenue:** 6.5M a year, as listed - **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/plastic-energy) ## Environmental services in United Kingdom Startups like it - [**Recycling Lives Services** Preston · founded 2003](https://millionrounds.com/startup/recycling-lives-services) - [**Olio • Share More, Waste Less** London · founded 2016](https://millionrounds.com/startup/olio-share-more-waste-less) - [**Nattergal Ltd** founded 2021](https://millionrounds.com/startup/nattergal-ltd) - [**Dendra** Oxford · founded 2014](https://millionrounds.com/startup/dendra) - [**RED Industries** Burntwood · founded 2006](https://millionrounds.com/startup/red-industries) - [**Mission Zero Technologies** London · founded 2020](https://millionrounds.com/startup/mission-zero-technologies) - [**Puraffinity** London · founded 2015](https://millionrounds.com/startup/puraffinity) - [**Natural World Products** Belfast · founded 1989](https://millionrounds.com/startup/natural-world-products) ## Is this your company? 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