Blue Planet receives investment of US$10 mn from Sysma Holdings

Singapore-headquartered Blue Planet Environmental Solutions Pte Ltd (Blue Planet) announced today an investment of US$10 million from Sysma Holdings Limited, a Singapore-listed investment holdings company looking to tap into growing opportunities in the circular economy.

This investment in Blue Planet marks the entry of Sysma Holdings into the sustainability sector. The partnership aligns with the company’s vision to integrate sustainability into its operations, build resilience into its business, and capitalise on the growing opportunities in the region.

Since its founding in 2017, Blue Planet has strategically acquired various technologies in each step of the waste management process — including collection and transportation, segregation and processing — to achieve high resource recovery and circularity along the waste management cycle.

Currently, Blue Planet has more than fifty decentralized organic waste management units and five plastic waste processing units of various sizes across South Asia. Other services and technologies provided by the company include non-hazardous e-waste recovery, large-scale landfill remediation and green building waste solutions.

The investment by Sysma Holdings is the latest milestone for Blue Planet, which in the past two years has announced a string of partnerships and acquisitions, including Zigma Global Environ Solutions Pvt Ltd (India), Virtus Concrete Solutions Ltd (UK), Rudra Environmental Solutions (India), Yasasu Environmental Management Services (India), Xeon Waste Managers LLP (India), Globecycle Holding Sdn Bhd (Malaysia), and Smart Creative Technologies Ltd (UK).

Disclaimer: The information provided here is based on a press release issued by Blue Planet

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