Chief Executive, Samsara
Stories naming Paul Riley. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
Breakthrough Victoria highlights portfolio achievements including Amber Electric's forty-five million dollar raise, Bygen and Diag-Nose grants, and Quantum Brilliance series A funding.
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Samsara Eco has struck a decade-long supply deal with Lululemon for enzyme-recycled fabrics; the piece recalls its Temasek-led raise and flags a new NSW plant.
Samsara Eco and lululemon signed a ten-year offtake agreement for enzymatically recycled nylon and polyester, building on their 2023 partnership; Samsara plans a NSW plant and an international facility by 2028.
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Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.
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Australian plastics recycler Samsara Eco secured a Temasek-led Series A+ of $100 million to scale enzyme-based infinite recycling, with Southeast Asian facilities planned, adding to its 2022 Series A.
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Australian enzymatic plastics recycler Samsara Eco raised a large all-equity round led jointly by Temasek and Main Sequence, with Lululemon among other backers, funding new recycling facilities and team growth.
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Samsara Eco and lululemon launch a jacket made with enzyme-recycled polyester; the piece recalls Samsara's 2022 Series A and its investors.
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Enzyme-based plastics recycler Samsara Eco announces a multi-year partnership with Lululemon, which makes an undisclosed minority investment, its first in a recycling company.
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Samsara Eco, an Australian National University recycling-tech spinout, has closed a $54 million Series A with returning and new investors, plus an earlier government grant, to expand its enzyme library and build its first commercial facility.
Australia's Main Sequence fund promotes Gabrielle Munzer to Partner to lead its biotech push; the article also covers her finance background, the firm's company-building model, a UNSW accelerator, and recent diverse hires.
Envirotech startup Samsara has raised $6 million from Main Sequence, W23 and the CEFC to build a recycling plant and grow its enzyme-based plastics technology team.
Main Sequence recounts how personal relationships across CSIRO, Woolworths, ANU and prior ventures converged over years to found plastic-recycling startup Samsara Eco.