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Temasek co-leads US$65 mil Series A+ round in ‘plastic-eating enzyme’ creator Samsara Eco

Jovi Ho
Jovi Ho • 3 min read
Temasek co-leads US$65 mil Series A+ round in ‘plastic-eating enzyme’ creator Samsara Eco
Samsara Eco founder and CEO Paul Riley, pictured with enzymatically-recycled yarn. Photo: Samsara Eco
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Temasek Holdings has co-led a US$65 million ($88.25 million) Series A+ round in Sydney-headquartered plastic recycling tech firm Samsara Eco. 

Founded in 2020, the company has pioneered the ability to recycle materials like nylon 6/6 and polyester through “plastic-eating enzymes”, according to a June 27 announcement. 

Temasek joins fellow lead backer, Australian deep tech investment fund Main Sequence; and investors like Lululemon, Hitachi Ventures, Greycroft Coca‑Cola System Sustainability Fund, Titanium Ventures and Wollemi Capital, among others.

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