Atlanta-based Rubicon Global, a software platform and service provider designed to connect trash haulers with companies and governments, has landed another big infusion of foreign cash.
New Zealand’s sovereign wealth fund, the NZ Super Fund, has invested $65 million.
Announced last week, the investment comes a little more than a year after Rubicon landed a $50 million investment and strategic partnership with SUEZ, the France-based water giant that posted €15.1 billion in revenue in 2017.
The New Zealand investment is part of a $140 million funding round.
Founded in Kentucky in 2008 and later moved to Atlanta, Rubicon is said to have hit a more than $1 billion valuation last year with the Promecap investment.
The company hit more than $300 million in revenue last year, with plans to surpass that again in 2018, according to Forbes.
Atlanta was the first city to equip drivers with Rubicon’s app.