Novoloop (fka BioCellection)
Giving plastic trash new life
Menlo Park, United States · Founded 2015 · $44.4M raised
- Headquarters
- Menlo Park, California
- Employees
- 11–50
- Founded
- 2015
- Business Model
- B2B
- Website
- novoloop.com
- Total Funding
- $44.4M
- Last Round
- $21.0M Series BJun 2025
- Rounds
- 4
About
Novoloop (formerly BioCellection) is a sustainable materials company that transforms hard-to-recycle plastic waste — primarily polyethylene — into high-performance thermoplastic polyurethane (TPU) used in footwear, automotive components, and sporting goods. Founded in 2015 in Menlo Park, California by Miranda Wang and Jeanny Yao, the company has developed a proprietary chemical upcycling process that produces virgin-quality materials at competitive pricing. Its flagship product, Oistre TPU, debuted in On's Cloudprime running shoe in 2022. Novoloop holds over 50 granted and pending patents across 18 regions and was named one of TIME's World's Top Greentech Companies in 2025.
Summary
Novoloop (fka BioCellection) is an Advanced Materials company based in Menlo Park, United States, founded in 2015. It has raised $44.4M in total across 4 rounds, most recently a $21.0M Series B round in Jun 2025. Investors include Taranis Carbon Ventures, Envisioning Partners and SOSV.
Tech & App Stack
2 technologies & apps tracked
Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.
Sign up to view the funding chart
Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.
Funding History
Jun 2025
Sign up to see all 4 rounds
Full funding history, per-round amounts, and investor participation.
Investors
Similar Companies
Scale-up established in 2024
Plasma reactor manufacturer for sustainable advanced materials and batteries.
Green steel company using hydrogen and renewable electricity to decarbonize steel production. For...
Carbon transformation company that converts CO2 into essential products like sustainable aviation...
Decarbonizing the chemicals industry.
Develops Molten Oxide Electrolysis to produce low-carbon steel and recover valuable metals from m...