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TerraCycle Completes $25 Million Funding

Procter & Gamble is among investors in round to fund Loop.

TerraCycle, manager of Loop Global Holdings LLC, has completed a Series A “Founding Investors” capital raise of $25 million for Loop, its global reuse platform. The capital is expected to fund operations to profitability, according to Trenton, NJ-based TerraCycle.   Investors include Procter & Gamble as well as Nestlé, SUEZ, Aptar, Sky Ocean Ventures, ImpactAssets and Quadia. “Given Loop's global momentum and the limited amount of capital being raised, it was important for ...

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