Likely engineering more than software, still Cambridge deeptech lead.
More about Enval
Enval is a recycling technology company based in Cambridge, United Kingdom, focused on treating complex plastic packaging waste through innovative microwave-induced pyrolysis. Founded in 2005 and acquired by Greenback in September 2023, Enval addresses the challenges of recycling flexible and multilayer plastic packaging, transforming these materials into valuable resources instead of allowing them to end up in landfills or incineration. The company has developed a unique pyrolysis solution that recycles previously unrecyclable plastic waste, extracting commercially usable gas, oil, and aluminum from materials like drink cartons and baby food pouches. Enval offers modular, turnkey recycling plants that can be customized to meet client needs, along with environmental consulting services that include life cycle assessments and waste handling process analyses. Their first operational plant is in Mexico, effectively converting waste into feedstock for new plastic production. Enval serves a diverse ecosystem of stakeholders, including fast-moving consumer goods companies and waste handlers, helping them enhance sustainability and comply with regulations.