Clean-Tech Recycling Firm Batech Launches Crowdfunding Campaign
Batech, a company specializing in advanced recycling and clean technology, has launched an equity crowdfunding campaign on the Wefunder platform. The campaign, announced February 20, aims to fund the scaling of its recycling infrastructure. The move allows individual investors to support a company operating within the broader circular economy and clean-technology sectors.
- Batech's proprietary, patent-pending technology is designed to process high-moisture and contaminated plastic waste streams that are typically rejected by traditional recycling systems and sent to landfills. - The company specifically targets "hydropulp"—the plastic film layer rejected during the recycling of paper products like beverage cups—and waste from wet wipe manufacturing. - A key part of its business model involves accessing over 1,500 tons of hydropulp waste per month, often at no cost, from paper mills. - The processed waste is converted into recycled resins, such as Low-Density Polyethylene (LDPE) and Polypropylene (PP), which are then sold for use in industrial applications like composite decking, injection molding, and chemical recycling. - Founded in 2019 in Roanoke, VA, the company's leadership team brings over three decades of experience in the plastics and recycling industry to the venture. - The funds from the Wefunder campaign are earmarked for scaling its currently operating systems, expanding partnerships with waste generators, and further developing its equipment and infrastructure. - Batech operates within the advanced recycling market, which is projected to grow from approximately $2.11 billion in 2025 to over $7.26 billion by 2035.
