FundedIQ
Science and Engineering

PureCycle Technologies: Funding, Investors & Team (Sep 2026)

PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. Its recycling service converts waste plastic into virgin-like plastic fully closing the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin. It was founded in 2015 and is headquartered in Ironton, Ohio.

purecycle.com LinkedIn Ironton, United States 101-250 employees
Chemical Engineering Recycling Waste Management
Total raised
$305M
Rounds
2
Latest
Undisclosed round
Jun 2026

PureCycle Technologies has raised $305M across 2 funding rounds on record, the most recent an undisclosed round of $250M announced in Jun 2026.

That round is above the $6.0M median round size for Science and Engineering companies tracked on FundedIQ over the last two years.

PureCycle Technologies Company Profile and Key Stats

Total funding raised
$305M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$250M in Jun 2026
Employees
101-250
reported band
Headquarters
Ironton, United States

Latest funding round on record: Jun 2026.

PureCycle Technologies Funding Rounds

Date
Round
Amount
Undisclosed round
$250M
Post-IPO Equity
$55.0M

PureCycle Technologies raised $55.0M in a Post-IPO Equity announced in Mar 2022.

4.3 years later, an undisclosed round of $250M was announced in Jun 2026.

PureCycle Technologies Founders and Leadership Team

Name
Role
Contact
Dustin Olson
Founder
Locked
Michael Otworth
CEO
Locked

Contact details for the PureCycle Technologies team: 2 of 2 have an email address on file.

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PureCycle Technologies Funding Compared to Other Science and Engineering Startups

Segment
Companies
Median round

PureCycle Technologies' latest round of $250M is above the median round in Science and Engineering. Medians cover the last 24 months of disclosed rounds.

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PureCycle Technologies Funding FAQs

What does PureCycle Technologies do?

PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. Its recycling service converts waste plastic into virgin-like plastic fully closing the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin. It was founded in 2015 and is headquartered in Ironton, Ohio.

How much funding has PureCycle Technologies raised?

PureCycle Technologies has raised $305M across 2 rounds on record. The most recent is an undisclosed round of $250M announced in Jun 2026.

When did PureCycle Technologies last raise funding?

PureCycle Technologies' most recent funding round on record is an undisclosed round of $250M, announced in Jun 2026.

Who founded PureCycle Technologies?

FundedIQ lists Dustin Olson (Founder) at PureCycle Technologies.

Who is the CEO of PureCycle Technologies?

Michael Otworth is listed as CEO at PureCycle Technologies.

Where is PureCycle Technologies headquartered?

PureCycle Technologies is based in Ironton, Ohio, United States.

How many employees does PureCycle Technologies have?

PureCycle Technologies is in the 101-250 employee band.

How does PureCycle Technologies' funding compare to other Science and Engineering startups?

PureCycle Technologies' latest round of $250M is above the $6.0M median round size for Science and Engineering companies on FundedIQ across 232 tracked companies over the last two years.

About FundedIQ's PureCycle Technologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PureCycle Technologies is left off this page rather than filled in.

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