Mura Technology
Innovative chemical recycling
- 21-100 employees
- B2B
- Energy
- Manufacturing
- Science
- Barbican, London, UK
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Company mission
To become the world’s leading producer of recycled hydrocarbons from waste plastics - helping to decarbonise the petrochemical industry and eliminate global plastic pollution.
Our take
The problem with plastic is a persistent one. Mura Technology aims to solve the issue it poses with pioneering plastic recycling technology, turning plastic waste from a nuisance into a valuable commodity.
There have been a number of high-profile attempts to solve the plastic problem – such as the Ocean Cleanup Project, campaigns against microbeads, and shifts towards biodegradable packaging – but the prevailing problem persists, that plastic is very hard to actually get rid of. Mura’s pioneering technology would create a sustainable plastics economy by recycling waste stores into ingredients for new products. It is a scalable solution, which works on all plastics, and, as it would reduce material costs, it is a favourable option for the manufacturing industry. In addition, using plastic waste as feedstock for new products would reduce the need for new plastics to be made, decreasing the global demand for fossil fuels.
Mura Technology has partnered with some of the largest players in the petrochemical industry, such as the Mitsubishi Chemical Corporation, to achieve the scale that it desires, and has garnered significant interest and investment. If it can continue innovating and getting its technology into the industry, it could well see massive success in the coming years.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Share Scheme: As part of the Company’s programme to reward and maintain our valued team members, Mura has established an Options Scheme to allow all of our employees to benefit from the long term growth of the company
- Smart Working: Mura has a supportive, inclusive culture and strives to be a great place to work. There is the opportunity to work remotely part of the week, where roles allow, while encouraging valuable collaboration time in the office that enables business agility and helps staff to develop and broaden their skills
- Life Assurance: In addition to Pension contributions, you’ll also receive 4 x base salary life assurance
- Employee Assistance Programme: Get expert, free confidential support and advice on issues affecting your professional or personal life. The service is available 24 hours a day, 365 days a year
- Annual Leave: As a permanent employee, you’ll receive paid annual leave commensurate to the country you work in, pro rata if you work part-time, in addition to any national bank/public holidays
- Pensions: Lay the foundations for life after work, with our contributory pension scheme. In addition to your contributions, Mura will usually contribute to your pension scheme and you’ll receive tax relief
- Family Friendly Policies: We recognise the need to retain the skills and services of our employees and wish to encourage you to return to work following the birth/adoption of your children. You may therefore be entitled to enhanced company maternity/paternity and shared parental benefits
- Medical Insurance: The health and well-being of our colleagues is of the utmost importance, so we give all our colleagues access to private medical insurance. In addition, you have the option to add your dependents too, giving you peace of mind all around
Funding (2 rounds)
Jun 2022
$100m
LATE VC
Jan 2020
$4.4m
ANGEL
Total funding: $104.4m
This company has top investors
Leadership
Steve Mahon
(CEO, not founder)CEO of Armstrong Energy. Previously served as the CEO of Low Carbon Investors for over 13 years. Also worked as a Director at Armstrong Asset Management and Sterling Planet.