Biotic
A world where plastic is no longer a concern
Netanya, Israel · $2.1M raised
- Headquarters
- Netanya
- Employees
- 1–10
- Business Model
- B2B
- Website
- biotic-labs.com
- Total Funding
- $2.1M
- Last Round
- $2.1M SeedNov 2022
- Rounds
- 1
About
Biotic Circular Technologies is an Israeli biotechnology company headquartered in Netanya that develops and manufactures fully bio-based, fully biodegradable PHBV polymers as a scalable alternative to conventional fossil-fuel plastics. The company uses diverse feedstocks including macroalgae and agricultural waste in a circular production process that requires no synthetic chemicals. Biotic's materials are designed as a drop-in solution integrating into existing production lines across a wide range of applications, targeting the elimination of persistent plastic pollution.
Summary
Biotic is a Biotech company based in Netanya, Israel. It has raised $2.1M in total across 1 round, most recently a $2.1M Seed round in Nov 2022. Investors include UM6P Ventures and The Yield Lab.
Tech & App Stack
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Funding History
Nov 2022
Investors
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