Angeleno Group Backs Glass Recycling Tech Firm

Los Angeles-based Angeleno Group has re-upped its investment in a developer of glass recycling technology, eCullet, as part of a $38M funding round. eCullet announced its new funding round Tuesday, which included both Angeleno Group and DB Masdar Clean Tech Fund L.P. eCullet develops technology which helps processing of recycled glass into color-sorted, contaminant-free cullet, used in the glass container manufacturing industry. eCullet was advised by GCA Savvian in the deal. More information »