HighTechXL-team Sustonable has reached an agreement with an investor. Gathering a total of 350.000 euro which will allow them to release their product early 2018. They are also very close to get a further investment which will set their total to 600.000 euro through investments.
This money will be spent on product and marketing development throughout 2017 which will lead to their product launch in Northern Europe in early 2018. Tectonic has developed a way to create kitchen table tops out of recyclable material such as PET.
The investment comes a manufacturer of kitchen tabletops. The investor they are close to reaching an agreement with is a major European recycling company that is yet to be named.