Plastic recycling through unique patented magnetic density separation technique
Business Model:
Revenue: $8M
Employees: 11-50
Address: Galileistraat 32 L
City: Rotterdam
State: noord-holland
Zip: 3029 AM
Country: NL
Umincorp is established in 2012 in order to develop and market its new, unique, and patented MDS separation technology. This MDS (Magnetic Density Separation) technology makes use of ferromagnetic fluids and specially designed magnets. MDS can be applied in the field of recycling (urban mining), mineral processing (mining), and other application areas that demand high-reliable sorting in a profitable way like in the seed industry. UMC licenses its breakthrough MDS technology, offers MDS machines to companies, and is open to forming exclusive partnerships with clients in specific market areas.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2022 | Debt Financing | 1 | $5M |
Nationaal Groenfonds Nationaal Groenfonds |
10/2022 | Debt | $4.9M |
Nationaal Groenfonds |
12/2021 | Venture Round | 2 | $16.9M |
Energietransitiefonds Rotterdam Invest-NL Energietransitiefonds Rotterdam Invest-NL |
9/2017 | Series A | - | 12/2021 | Equity | $19.9M |
Invest-NL |
9/2017 | Series A | - |
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