Sylebra Capital

PureCycle Technologies LLC specializes in producing recycled polypropylene through a unique recycling process that effectively separates color, odor, and contaminants from plastic waste feedstock. This process yields recycled polypropylene with properties equivalent to virgin polymer, enabling companies to utilize a sustainable, high-quality resin. By converting waste plastic into virgin-like plastic, PureCycle aims to close the loop on plastic reuse, making recycled materials more accessible at scale. Founded in 2015, the company is headquartered in Ironton, Ohio, and operates with a focus on enhancing the circular economy for plastics.

RingCentral is a leading provider of unified communications as a service (UCaaS), offering a comprehensive cloud-based platform that integrates voice, video, messaging, and team collaboration tools. Headquartered in Belmont, California, the company serves over 350,000 organizations globally, enabling them to enhance communication and collaboration among remote and in-office teams. Its core products include RingCentral Office, which combines VoIP phone service with features such as unlimited calling and fax functionality, and RingCentral Professional, which provides virtual extensions for existing phone lines. Additionally, RingCentral offers a cloud-based contact center solution that allows businesses to connect seamlessly with their customers and a stand-alone video meetings platform. The company's solutions are designed to replace outdated on-premises systems with modern, flexible cloud-based alternatives, supporting a mobile workforce across various devices including smartphones, tablets, and computers. By streamlining communications and reducing reliance on traditional methods, RingCentral significantly enhances operational efficiency for businesses of all sizes.

FREYR AS is a Norwegian company based in Mo i Rana that specializes in the production and sale of lithium-ion battery cells for electric vehicles and energy storage. The company aims to offer clean battery solutions with high density and competitive pricing while maintaining a reduced carbon footprint. In addition to its core focus on electric mobility and stationary energy storage, FREYR is exploring opportunities in marine transportation and aviation markets. The company also operates a 600 MW wind park in Norway, supporting its commitment to renewable energy and sustainability.

Origin Materials is a carbon-negative materials company that specializes in converting carbon from biomass into valuable materials, effectively reducing reliance on fossil resources while capturing carbon during the process. By utilizing its patented technology, Origin transforms inexpensive and abundant non-food biomass, such as sustainable wood residues, into a variety of end products. These products encompass a wide range of applications, including clothing, textiles, plastics, packaging, automotive parts, tires, carpeting, and toys. The company aims to address a market potential valued at approximately $1 trillion, offering innovative solutions that contribute to a more sustainable future.

PureCycle Technologies LLC specializes in producing recycled polypropylene through a unique recycling process that effectively separates color, odor, and contaminants from plastic waste feedstock. This process yields recycled polypropylene with properties equivalent to virgin polymer, enabling companies to utilize a sustainable, high-quality resin. By converting waste plastic into virgin-like plastic, PureCycle aims to close the loop on plastic reuse, making recycled materials more accessible at scale. Founded in 2015, the company is headquartered in Ironton, Ohio, and operates with a focus on enhancing the circular economy for plastics.

ReNew is a leading decarbonization solutions company in India, focused on developing and operating clean energy projects to meet the country's growing energy demands sustainably and responsibly. As of March 31, 2023, ReNew's clean energy portfolio encompasses approximately 13.7 GW, making it one of the largest globally. The company offers comprehensive solutions that include wind and solar power, hydro power, and transmission lines, with a significant portion of its revenue generated from the wind power segment. Additionally, ReNew emphasizes the importance of digitalization, energy storage, and carbon markets in its operations, aiming to address climate change in an inclusive manner while contributing to the transition towards a cleaner energy future.

Origin Materials is a carbon-negative materials company that specializes in converting carbon from biomass into valuable materials, effectively reducing reliance on fossil resources while capturing carbon during the process. By utilizing its patented technology, Origin transforms inexpensive and abundant non-food biomass, such as sustainable wood residues, into a variety of end products. These products encompass a wide range of applications, including clothing, textiles, plastics, packaging, automotive parts, tires, carpeting, and toys. The company aims to address a market potential valued at approximately $1 trillion, offering innovative solutions that contribute to a more sustainable future.

FREYR AS is a Norwegian company based in Mo i Rana that specializes in the production and sale of lithium-ion battery cells for electric vehicles and energy storage. The company aims to offer clean battery solutions with high density and competitive pricing while maintaining a reduced carbon footprint. In addition to its core focus on electric mobility and stationary energy storage, FREYR is exploring opportunities in marine transportation and aviation markets. The company also operates a 600 MW wind park in Norway, supporting its commitment to renewable energy and sustainability.

Aeva is a machine vision company that specializes in developing advanced optical-based sensors, particularly in the field of lidar technology, which is essential for autonomous vehicles. Founded in 2016 and headquartered in Mountain View, California, Aeva integrates vision, depth, and motion sensing into a single product that delivers superior performance regarding range, resolution, and velocity measurement under various weather conditions. Its proprietary Frequency Modulated Continuous Wave (FMCW) technology enables the creation of a 4D LiDAR-on-chip, which has applications beyond automated driving, including consumer electronics, health, industrial automation, and security. Aeva operates primarily in North America, EMEA, and Asia, with the majority of its revenue generated from the North American market.

PureCycle Technologies LLC specializes in producing recycled polypropylene through a unique recycling process that effectively separates color, odor, and contaminants from plastic waste feedstock. This process yields recycled polypropylene with properties equivalent to virgin polymer, enabling companies to utilize a sustainable, high-quality resin. By converting waste plastic into virgin-like plastic, PureCycle aims to close the loop on plastic reuse, making recycled materials more accessible at scale. Founded in 2015, the company is headquartered in Ironton, Ohio, and operates with a focus on enhancing the circular economy for plastics.