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Sansar

sansar.com

Founded Year

2017

Stage

Unattributed | Alive

Total Raised

$1.28M

Last Raised

$1.28M | 5 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+90 points in the past 30 days

About Sansar

Sansar offers an immersive metaverse experience that enables users to create an avatar and socialize and explore in VR. Sansar offers thousands of worlds consisting of games, quests, event venues, and social experiences. The company was founded in 2017 and is based in Birmingham, Michigan.On March 24th, 2020, Sansar was acquired by Wookey Search Technologies. Terms of the transaction were not disclosed.

Headquarters Location

320 Martin Street Suite 130

Birmingham, Michigan, 48009,

United States

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Research containing Sansar

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Sansar in 1 CB Insights research brief, most recently on Nov 24, 2021.

Expert Collections containing Sansar

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Sansar is included in 1 Expert Collection, including Gaming.

G

Gaming

5,152 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

Latest Sansar News

Sansar Eco raises $54M AUD for its “infinite plastic recycling” technology

Nov 1, 2022

- Advertisement - Sansar Eco, an Australian startup that uses enzyme-based technology to break down plastics into their basic molecules, today announced that it has raised $54 million AUD (about $34.7 million USD) in Series A funding. The company plans to build its first plastic recycling facility in Melbourne later this year, with a target of full-scale production by 2023. - Advertisement - Investors in the round include Breakthrough Victoria, Temasek, Assembly Climate Capital, DCVC and INP Capital. Existing investors such as deep-tech fund Main Sequence, W23 of Woolworths Group and Clean Energy Finance Corporation (CEFC) also participated. - Advertisement - Sansar launched last year in partnership with the Australian National University. TechCrunch last covered the startup when it raised $6 million earlier this year. The company’s enzyme-based technology breaks down plastics into their molecular building blocks to turn them into new plastic products – which can then be broken down, which the world refers to as infinite plastic recycling. - Advertisement - Sansar’s new funding will be used to expand, build its library of plastic-eating enzymes and finance its first commercial facility, which it says will be able to infinitely recycle 20,000 tons of plastic starting in 2024. . It will also grow its engineering team and expand operations in Europe and North America. CEO and founder Paul Riley said that since March, when Sansar’s previous round of funding was announced, it has focused on expanding its enzyme library, which is now capable of depolymerizing many different types of plastics. is enabled. It also worked with partners to develop market solutions using the world’s plastic-recycling technology. Riley said Samsara’s technology is capable of breaking down plastic into its basic molecules within minutes, regardless of colour, type and state. Its Melbourne facility will first recycle PET plastic and polyester, which Riley says accounts for about a fifth of the plastic produced annually. Its long-term mission is to recycle composite Bell plastics and advance its technology to the point where all types of plastic can be recycled infinitely. “Given the scale of the plastic crisis, our vision has always been to scale up infinite plastic recycling as quickly as possible,” he said. “For us, this capital increase was about partnering with people who bring industry expertise and commitment to addressing one of the world’s most pressing climate challenges – that of fossil-produced plastics – and in the process. In, reducing plastic pollution by closing the loop.” Sansar is preparing for the launch of its first enzymatically recycled packaging in partnership with the Woolworths Group. The packaging will be on shelves at Woolworths supermarkets next year, propelling the company toward its goal of recycling 1.5 million tons of plastic per year by 2030. The Woolworths Group has committed to converting the first 5,000 tons of recycled Sansara plastic into packaging for its brand. Products such as vegetables and bakery trays. Riley said Samsara’s technology is highly tolerant of contamination and can recycle colored plastics, composite plastics and multi-layered plastics, meaning it has a wide range of industries including packaging, fashion, automation, medical, electronics and construction. There are applications in a wide range. The fashion industry accounts for about 10% of global CO2 emissions. Australia is the second largest consumer of clothing per capita in the world, Riley said, which gives the world the opportunity to recycle discarded fast fashion pieces as blended fiber fabrics, which amount to the amount of clothing ending up in landfills. reduces. “As we expand our library of enzymes that eat plastics, the opportunity for infinite plastic recycling in all of these industries will continue to grow, meaning we will never have to produce plastics from fossil-fuels again,” Riley said. .

Sansar Web Traffic

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Sansar Frequently Asked Questions (FAQ)

  • When was Sansar founded?

    Sansar was founded in 2017.

  • Where is Sansar's headquarters?

    Sansar's headquarters is located at 320 Martin Street, Birmingham.

  • What is Sansar's latest funding round?

    Sansar's latest funding round is Unattributed.

  • How much did Sansar raise?

    Sansar raised a total of $1.28M.

  • Who are the investors of Sansar?

    Investors of Sansar include Wookey Technologies.

  • Who are Sansar's competitors?

    Competitors of Sansar include HIKKY and 1 more.

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Groove Jones is a creative technology company that produces next-generation experiences for world-class brands in augmented reality, virtual reality, and machine learning.

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Happy Finish

Happy Finish is a creative tech production agency. It specializes in providing content design, UI/UX design, mixed reality experiences, and more. The company was founded in 2004 and is based in London, United Kingdom.

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Media.Monks is a digital-first marketing and advertising services company that creates engaging digital marketing campaigns and delivers insights, intelligence, and impressions for companies. It specializes in digital campaigns, films, games, mobile, websites, platforms, apps, installations, VR, experiential, interactive experiences, content, post-production, VFX, 3D, animation, motion graphics, sound, banners, AR, and more. The company was founded in 2001 and is based in London, U.K.

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