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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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
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Funding History
Jun 2025
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Funding: Pre-Seed through Series B. Amounts, valuations, and investors where available.
Investors
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