ReVentas lands £3.5m Scottish Enterprise grant to scale plastic recycling
What's the deal? ReVentas, a Livingston-based startup developing solvent-based plastic recycling, has been awarded a £3.5m grant from Scottish EnterpriseDealroom has a profile for this one. Try Dealroom →. The funding forms part of a wider £9m project and will run over three years.
What's the endgame? The company's patented dissolution technology uses a chemical solvent to dissolve waste plastics, stripping out contaminants such as colour and odour to produce a virgin-like polymer for packaging, automotive, and consumer products. It operates at low temperatures and pressures, cutting both cost and carbon footprint.
The grant will expand ReVentas' pilot plant in Livingston to handle more complex waste streams, moving the technology closer to commercial deployment.
Why now? The company is targeting difficult-to-recycle plastics such as food packaging films — among the toughest challenges in the sector. From 2028, UK councils face expanding requirements to collect and process such films.
ReVentas has signed an engineering and licensing alliance with global engineering firm KBRDealroom has a profile for this one. Try Dealroom → to support a global rollout.
What they said: "ReVentas is providing a simple, scalable solution that can ensure the waste plastic we produce today are directly used in the products we buy tomorrow," said chief executive officer and founder Tom RoseDealroom has a profile for this one. Try Dealroom →.
Scottish Enterprise has backed the company across several years, including a separate £2 million investment. "More recently, our £2 million investment and this R&D grant are helping accelerate the development and commercialisation of technology with significant global potential," said Nicola Anderson, director of scaling innovation.
The signal: At £3.5m, the grant ranks in the top 7% of all UK energy-sector grant rounds on record, a sign of the weight public funders are placing on scalable recycling technology as Scotland pursues its net zero and circular economy goals.
Read more: Scottish Enterprise
Image credit: Generated with Gemini
