# PureCycle Technologies raises $250 million for Augusta complex

PureCycle Technologies announced a $250 million private equity capital raise to support the build-out of its multi-line manufacturing complex in Augusta, Georgia, and other corporate purposes.

- Type: Investment
- Announced: 2022-03-09
- Where: Augusta, Georgia, United States
- Value: $250.0M
- Status: announced
- Products: recycled plastic
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [PureCycle Technologies](https://endata.com/companies/47348.md)
- [SK Geo Centric](https://endata.com/companies/59265.md) (investor)

## Sources

- [purecycle.com](https://www.purecycle.com/blog/purecycle-technologies-provides-fourth-quarter-2021-update-announces-250-million-investment), 2022-03-09: "PureCycle will receive net proceeds of approximately $250 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.