Enval, the Cambridge-based provider of recycling and environmental technology solutions, announces that it has attracted further backing for the commercialization of its technology for the recycling of plastic and aluminum laminate packaging. 

The investment was secured from a syndicate of investors including Cambridge Enterprise and business angels from both Cambridge Capital Group and Cambridge Angels.

”Enval is delighted to announce the completion of this funding round and we’d like to take this opportunity to thank all of our current investors for their support,” said Dr Carlos Ludlow-Palafox, co-founder and CTO of Enval. ”With this investment and the backing from our industrial partners, Kraft Foods and Nestlé, Enval expects to bring its first commercial plant into service towards the middle of this year.”

The new plant will be used to showcase Enval’s technology to potential customers across the waste sector.