Breakthrough Technology to close the loop on plastic recycling
Breakthrough Victoria is investing in Australian technology that uses super enzymes to eat plastic.
Breakthrough Victoria, a private company established by the Victorian Government to drive innovation in Victoria, has announced its $17 million investment in Australian start-up company Samara Eco.
Samsara Eco was born out of the Australian National University (ANU) in 2021 as researchers looked for solutions to tackle plastic pollution and failures in existing recycling technology.
The investment will support Samsara Eco to further develop its technology and establish its first commercial recycling facility in Victoria in 2023.