Wednesday
June 28
2023

Plastic Upcycling Startup Kubik Closes $3.34 Million Seed to Scale Production in Ethiopia

By Annie Njanja

The amount of plastic waste produced globally is on track to triple to over 1,000 million tons by 2060. The Organisation for Economic Co-operation and Development (OECD) report predicts that developed countries will continue to produce the most plastic waste per person, although emerging regions like Africa and Asia are expected to experience the fastest growth owing to rapid population growth and urbanization.

Photo courtesy of Carsten ten Brink.

Source: TechCrunch (link opens in a new window)

Categories
Technology, WASH
Tags
circular economy, housing, scale, startups, waste