DePoly has developed chemical process that converts unsorted, dirty, post-consumer PET plastic items into virgin grade raw materials.
As a chemical recycling company, DePoly is tackling the plastic problem via its enhanced recycling technology that converts post-consumer PET plastic and polyester textiles back into their main raw components, at room temperature, without the need to pre-wash, pre-sort, or separate out other plastics. The raw material can then be sold back to the industry, so that new virgin-quality plastic items can be made, creating a truly circular plastic economy.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 15, 2022 | Non-Equity Assistant | — | 1 | Google for Startups | — | Detail |
Mar 29, 2022 | Grant | Fr2.70M | 1 | European Innovation Council | — | Detail |
Dec 16, 2020 | Pre-seed | Fr1.30M | 3 | Wingman Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Google for Startups | Yes | Non-Equity Assistant |
European Innovation Council | Yes | Grant |
Wingman Ventures | Yes | Pre-seed |
Angel Invest | — | Pre-seed |
Tiny VC | — | Pre-seed |