Waste Systems, a Tyrone, Northern Ireland, UK-based designer and manufacturer of advanced waste management systems, raised €1.2M in funding.
Kernel Capital made the investment via the Bank of Ireland Kernel Capital Growth Fund (NI).
The company intends to use the funds to expand international sales growth.
Founded by CEO Nishi Ward, Waste Systems has developed a suite of machinery that separates out difficult waste materials enabling high levels of waste segregation within one mobile machine and the generation of materials of commercial value, allowing companies to reduce landfill costs and secure revenue streams from valuable recovered materials.
The company is exporting across Europe and North America and have a team of 20. Earlier this year, they entered into a major distribution agreement with UK distributor EPS and arecurrently working on a similar agreement with a US distributor.