Mura Technology
Financials
Estimates*
GBP | 2017 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Revenues | 2.2m | <1m | 1.9m | 3.7m | 1.9m |
% growth | - | - | 3741 % | 93 % | (48 %) |
Profit | <1m | (<1m) | (<1m) | (<1m) | (7.9m) |
% profit margin | 3 % | (1327 %) | (22 %) | (19 %) | (414 %) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $4.4m | Angel | |
N/A | N/A | Late VC | |
N/A | N/A | Late VC | |
* | $100m | Late VC | |
* | N/A | Grant | |
Total Funding | CAD142m |
Recent News about Mura Technology
EditMura Technology is a pioneering startup in the field of advanced recycling, with a focus on transforming waste plastics into recycled hydrocarbons. The company's mission is to decarbonise the petrochemical industry and eliminate global plastic pollution. In simpler terms, they aim to reduce the carbon footprint of the chemical industry and help clean up the world's plastic waste.
Their innovative recycling process, known as HydroPRS™, is designed to recycle plastics that are currently unrecyclable. This process not only helps to reduce plastic waste but also creates a valuable resource in the form of recycled hydrocarbons, which can be used in the petrochemical industry. This is part of what is known as a circular economy, where waste is not just discarded but reused and recycled into new products.
Mura Technology operates in the global recycling and waste management market, serving clients across various sectors. These include global brands, petrochemical companies, and waste management firms. The company is actively seeking partnerships with stakeholders in each sector of the plastics recycling value chain to support the global roll-out of their HydroPRS™ process.
The company's business model is based on providing a recycling solution for waste plastics and producing recycled hydrocarbons. They generate revenue by selling these recycled hydrocarbons to petrochemical companies and other clients. In addition, they may also earn income from partnerships and collaborations with other stakeholders in the recycling value chain.
In summary, Mura Technology is a forward-thinking recycling company that is leveraging innovative technology to tackle the global plastic waste problem and contribute to a more sustainable future.
Keywords: Advanced Recycling, Waste Plastics, Recycled Hydrocarbons, Decarbonisation, Petrochemical Industry, Plastic Pollution, HydroPRS™ Process, Global Brands, Waste Management Firms, Circular Economy.