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§ Private Profile · Sydney, Australia
Samsara Eco is a technology company.
Samsara Eco is a biotech innovator creating true circularity through infinite plastic recycling, tackling hard-to-recycle plastics and textiles to keep more out of landfill.
Samsara Eco has raised $106.6M across 3 funding rounds.
Samsara Eco has raised $106.6M in total across 3 funding rounds.
Samsara Eco has raised $106.6M across 3 funding rounds. Most recently, it raised $66.0M Series A in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2024 | $66M Series A | Main Sequence Ventures | Possible Ventures | Announced |
| Nov 1, 2022 | $34.6M Series A | — | — | Announced |
| Mar 24, 2022 | $6M Venture Round | — | — | Announced |
Samsara Eco is an Australian enviro-tech company developing enzyme-based technology for infinite plastic recycling, breaking down polymers into monomers that can be reformed into virgin-quality plastics without fossil fuels or plants.[1][2][3][4] It serves global brands in textiles, automotive, and packaging—such as lululemon—solving the plastic waste crisis where less than 10-13% of plastics are recycled and global use is projected to double by 2040, by enabling 100% waste-derived, low-carbon, food-grade materials in an infinite loop.[2][3] The company has raised over $150 million from investors like Main Sequence, Temasek, and Wollemi Capital, opened its first commercial plant in Jerrabomberra, NSW, in September 2025, and earned B Corp certification in April 2023 plus innovation awards.[1][2]
Samsara Eco emerged from collaboration with the Australian National University, where researchers developed enzyme technology to depolymerize plastics into core building blocks, addressing limitations of mechanical recycling that excludes colored or mixed plastics.[2][4] Founded in New South Wales, Australia, the company gained early traction through CSIRO-backed funding and partnerships, evolving into a commercial operation with its headquarters and first full-scale plant launch in September 2025, exponentially boosting production of recycled nylon 6,6 and polyester.[1][2] Pivotal moments include raising $150+ million across two rounds from deep-tech and climate funds, and accolades like Smart Company’s 2025 sustainability innovator and InnovationAus 2022 award.[2]
Samsara Eco rides the circular economy wave in plastics, countering a 10 billion-ton legacy waste problem and 2050 projections where plastics could overwhelm ocean life or exceed carbon budgets.[2][3] Timing aligns with global mandates for recycled content, brand sustainability pledges (e.g., lululemon), and investor shift to deep-tech climate solutions, amplified by Australia's innovation ecosystem via CSIRO and ANU.[2] Market forces like doubling plastic demand by 2040 and recycling inefficiencies favor its infinite-loop model, influencing the ecosystem by setting standards for enzyme recycling, enabling waste-to-value chains, and accelerating adoption in textiles and packaging.[1][2][4]
Samsara Eco's commercial momentum—plant openings, funding, and partnerships—positions it to scale globally, with the 2028 Asia nylon facility unlocking massive volumes for brands tackling plastic pollution.[2] Trends like regulatory pressures on virgin plastics, AI-optimized enzymes, and corporate net-zero goals will propel growth, potentially evolving its influence from pioneer to industry infrastructure via licensing or expansions.[2][4] As plastic waste mounts, Samsara Eco redefines recycling from linear failure to infinite solution, anchoring a fossil-free plastics future.[1][3]
Samsara Eco has raised $106.6M in total across 3 funding rounds.
Samsara Eco's investors include Main Sequence Ventures, Possible Ventures.