Green Mantra Obtains $17 million Financing

ArcTern is pleased to announce that portfolio company Green Mantra Recycling recently obtained significant follow-on financing from a number of sources. Green Mantra converts waste plastic to high-value wax, eliminating waste and shifting industry inputs away from virgin hydrocarbons. Focus is now on building commercial plant operations with significant free cash flows. Deal was led by Managing Partner Murray McCaig. Read news release here.