KapVista's Ecosystem News & Updates
As the Green Technology & Sustainability Market is expected to grow from US$8.7 billion in 2019 to US$ 28.9 billion by 2024, at a CAGR of 27.1%, a number of offers part of KapVista’s Ecosystem come to the forefront of discussion.
BlockTexx | raising $5.5M
BlockTexx, a textile recovery technology company, is part way through its Series A raise. The ask is AUD $5.5M, with $3.7M committed already.
- The offer is backed with supply and demand customers locked in;
- The facility is over capacity for both.
- BlockTexx is led by an experienced and capable team of founders equipped to deliver scalable growth.
- IP protection plan in place with patent pending, registered trademark, deep market knowledge and trade secrets.
BlockTexx capitalizes on a huge market gap, as up to 85% of unsold and unwanted clothing and textiles are piling up in landfills all over the world.
Textile waste is estimated to have a 62% growth rate between 2018 and 2030 to 140 million tonnes, further widening this window of opportunity to investors looking to invest in sustainability.
Project Orbital | raising $71M
- An SPV with the goal of developing renewable energy power projects across the South East Asia region.
- Executive team involved in solar projects with investments based in the UK, USA, Ghana, Sri Lanka, and Vietnam.
- Identified 6 brown-field and green-field opportunities with approvals already secured.
- Funds drawn from investors at the time of Letter of Intent from the authorities guaranteeing agreement to purchase power.
The vision of Project Orbital (from Atman Holdings) is to develop renewable energy power projects across the South Asia region. With a planned exit within 5 years via IPO, this SPV has a target IRR of 41% and is set to capitalize on a rapidly growing renewable energies market, valued at $928.0 Billion in 2017, and is expected to reach $1,512.3 Billion by 2025, registering a CAGR of 6.1% from 2018 to 2025.
Extracta | raising $1.5M
Since incorporating, the company has experienced multilateral progress:
- Re-examined raw material sources to find that significant quantities of waste fruit are available either for free or at nominal costs;
- Discovered new supply lines;
- Initiated discussions for purchasing equipment;
- Is establishing partnerships.
Extracta is a recycling company converting food waste to reclaim valuable plant ingredients. By producing and selling high-value products from agricultural waste, the company takes advantage of the estimated $20 billion lost to the Australian economy each year in food waste.
Glitch Gaming | raising $6M
- A network of centrally located 24-hour gaming, streaming & broadcast centres fitted with high-grade equipment,
- A dual business model, to transition from home to the arena experience, delivering core requirements of the industry, socialising, streaming, entertainment and community.
- Pristine site secured, with venue designs created by world-renowned activation and architectural firm Populous.
With an exclusive IP and the experience of XP E-sports for event management and tournaments, Glitch is providing players with a place to showcase their talents or take the steps towards a gaming or online streaming career. The offer enjoys an enormous positional advantage in an exponentially expanding market, with 90% of homes possessing a gaming device & at least 75% of homes having at least one active gamer.
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