Polymateria

Engineering cost-effective solutions to the global problem of plastic pollution

London, United Kingdom · Founded 2016 · $43.9M raised

Headquarters
London
Employees
51–200
Founded
2016
Business Model
B2B
Total Funding
$43.9M
Last Round
$25.0M Series BApr 2023
Rounds
2

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 has raised $43.9M in total across 2 rounds, most recently a $25.0M Series B round in Apr 2023. Investors include ABC Impact, Indorama Ventures and Planet First Partners.

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Funding History

Series BSeries BApr 2023
$25.0M

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Investors

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