PRESS RELEASE
6 May 2024

Novelplast Raises €10M In Financing Round

RL
RDJ LLP

Contributor

At RDJ, we combine legal insight and human intelligence to deliver long-lasting business impact. As one of Ireland’s leading corporate law firms, we’re as ambitious for your business as you are. With offices in Cork, Dublin, Galway and London, we represent clients from scaling and established Irish companies to multinationals, financial institutions and global insurance companies with unique cross-sectoral expertise. We build meaningful relationships with clients and counsel to deliver tangible value for more sustainable businesses, becoming our client’s most trusted advisors and the number one employer of choice for legal talent in Ireland. And, by investing in the progress of our people and harnessing new technologies, we power agile decision-making that adds long-term value every step of the way. Legal Insights. Human Intelligence. Business Impact
RDJ advised plastics recycling business, Novelplast on its recent €10M million financing round. The funding was led by Ocean 14 Capital, a UK-based venture fund.
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RDJ advised plastics recycling business, Novelplast on its recent €10M million financing round. The funding was led by Ocean 14 Capital, a UK-based venture fund.

Novelplast is a circular economy plastics recycling company founded in 2017. The company has grown significantly in recent years and is now the biggest plastics recycler in Ireland.

Ocean 14 is a UK-based venture fund that typically focuses on blue and ocean sustainability technology. The firm is backed by the Ikea group and the Monaco sovereign wealth fund.

The RDJ transaction team was led by Bryan McCarthy and included Sarah Slevin, April Byrne and Jack Bergin (Corporate and Commercial), Brian Quinn and Treasa Seoighe (Banking and Finance).

PRESS RELEASE
6 May 2024

Novelplast Raises €10M In Financing Round

UK

Contributor

At RDJ, we combine legal insight and human intelligence to deliver long-lasting business impact. As one of Ireland’s leading corporate law firms, we’re as ambitious for your business as you are. With offices in Cork, Dublin, Galway and London, we represent clients from scaling and established Irish companies to multinationals, financial institutions and global insurance companies with unique cross-sectoral expertise. We build meaningful relationships with clients and counsel to deliver tangible value for more sustainable businesses, becoming our client’s most trusted advisors and the number one employer of choice for legal talent in Ireland. And, by investing in the progress of our people and harnessing new technologies, we power agile decision-making that adds long-term value every step of the way. Legal Insights. Human Intelligence. Business Impact
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