A Rekosistem recycling facility.

Indonesian tycoon Edwin Soeryadjaya’s Saratoga Investama Sedaya and K3 Ventures—founded by Kuok Meng Xiong, grandson of Malaysia’s richest person, Robert Kuok—led a $7 million series A funding round in Rekosistem, a Jakarta-based waste management startup.

With the fresh capital, the company plans to scale up its waste........

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