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moves money Tech.eu June 24, 2026

LabCycle secures £430K to commercialise lab plastic recycling system and cut incineration waste

LabCycle secures £430K to commercialise lab plastic recycling system and cut incineration waste
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UK-based startup LabCycle has received £180,000 in funding from the British Design Fund (BDF) to support the development of what it calls the ‘world’s first’ AutoDecon system, designed to safely recycle contaminated laboratory plastics into high‑grade resources without high heat or pressure. The investment is part of a broader funding round, alongside a £250,000 Innovate UK Investment Partnership grant awarded in collaboration with BDF. Each year, more than 5.5 million tonnes of plastic waste ar

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