Polymateria
Engineering cost-effective solutions to the global problem of plastic pollution
Polymateria was founded in 2016, is headquartered in London, United Kingdom, lists 51–200 employees, and has $43.9M in recorded funding across 2 rounds.
- Headquarters
- London
- Employees
- 51–200
- Founded
- 2016
- Business Model
- B2B
- Website
- polymateria.com
- Total Funding
- $43.9M
- Last Round
- $25.0M Series BApr 2023
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
Polymateria is a British biotechnology company founded in 2016 at Imperial College London, developing a breakthrough technology called Biotransformation that enables polyolefin-based plastics to safely and fully biodegrade in the natural environment without leaving microplastics or toxic residue. The company's patented masterbatch additive technology is designed to integrate into existing plastic manufacturing processes, allowing global brands and packaging producers to make conventionally non-recyclable plastics biodegradable without changing their production lines. Polymateria has secured major global partnerships with companies including Indorama Ventures Limited and raised a £20 million Series B round anchored by Singapore-based impact fund ABC Impact, with its technology validated and deployed across 15+ countries.
Summary
Polymateria is a Biotech company based in London, United Kingdom, founded in 2016. It lists 51–200 employees. It has raised $43.9M in total across 2 rounds, most recently a $25.0M Series B round in Apr 2023. Investors include Planet First Partners, ABC Impact and Indorama Ventures.
Tech & App Stack
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Funding History
Apr 2023
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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