Reklaim Technologies, Bellevue, Wash. company that recycles tires, computers ands an automobile practices in order to recover materials and trapped energy, has raised $7 million more in financing.

The funding brings the company’s total to $15 million. The money comes from Goldman Sachs, and the second round may eventually be bumped up to total $10 million.

It is doing something similar to Richmond, Calif.’s MBA Polymers, which we covered here, and which has raised about $50 million.

Goldman Sachs has also invested in London’s Sterecycle, a solid-waste recycling company.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member