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Polystyvert Pulls In Equity Venture Funds

Wednesday, July 13, 2016 5:20:00 AM PDT | VentureDeal




Anjou, Canada  --  Environmental technology company Polystyvert has landed $4.9 million in venture capital investment.

Polystyvert says that it has "developed a new technology that recycles polystyrene and massively reduces its transportation costs."

Investors in the financing included Cycle Capital, BDC Venture Capital, Sustainable Resource Ventures and Anges Quebec.

The company said it would use the funding to "execute its biggest expansion since its 2012 inception."

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