# Agilyx

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agilyx

- Industry: Environmental Services
- Headquarters: Tigard, US
- Website: www.agilyx.com
- Total disclosed funding: $51M
- Latest round: Series C (Dec 19, 2011)
- Investors on record: 7

## About

Agilyx, Inc. specializes in advanced recycling technologies, focusing on converting plastic waste into valuable feedstock. The company addresses the growing need for sustainable waste management solutions through its innovative processes.Founded in 2004 and headquartered in Tigard, Oregon, Agilyx, Inc. focuses on plastic waste management through advanced recycling technologies. In January 2020, the company raised USD 10.00 mn in a VENTURE DEBT funding round led by Point Financial, bringing its total amount raised to USD 25.00 mn. The CEO, Tim Stedman, plays a key role in driving the company's vision forward.Agilyx specializes in innovative solutions for plastic waste management, primarily through its core offerings that include advanced recycling technologies and high-quality feedstock production. The company's flagship service is the licensing of its depolymerization technology, which effectively recycles polystyrene waste into valuable feedstock suitable for mechanical and advanced recycling applications. This technology is complemented by Agilyx's involvement in Cyclyx, a joint venture aimed at converting post-use plastic waste into high-quality feedstock, catering to both mechanical and advanced recycling sectors. Agilyx also operates Plastyx, a supplier focused on the European advanced recycling industry, where it develops partnerships to enhance the availability of high-quality polymers for various applications, including food contact and technical packaging. The company primarily serves markets in North America and Europe, addressing the needs of manufacturers, packaging companies, and businesses seeking to implement sustainable practices in their operations.Agilyx's revenue is derived from its innovative recycling solutions and technologies, characterized by strategic partnerships and business-to-business (B2B) transactions. The company's business model includes licensing agreements for its proprietary depolymerization technology and collaborations with partners in the recycling industry to supply core equipment essential for project success. Transactions typically involve long-term agreements with manufacturers and processors who require consistent access to high-quality feedstock for their recycling processes. The pricing structure for Agilyx's services varies based on the specific technologies used and the volume of materials processed, facilitating tailored solutions for clients. With its established ventures like Cyclyx and Plastyx, Agilyx positions itself to capture significant market share within the sustainable materials sector, reinforcing its commitment to transforming plastic waste into valuable resources.Agilyx plans to leverage its recent funding from the January 2020 VENTURE DEBT round to enhance its product offerings and expand its market reach. The company is currently developing new technologies aimed at improving the efficiency of its recycling processes, with a target launch date in late 2023. Additionally, Agilyx aims to expand its services into new geographic regions, particularly targeting the Asian market by 2025. This strategic expansion is designed to capitalize on the growing demand for sustainable waste management solutions globally.

## Funding rounds

- Series C, Dec 19, 2011, $25M — Kleiner Perkins, Chrysalix, Reference Capital Management, Saffron Hill Ventures, Crossroads Liquidating Trust, TotalEnergies, Waste Management Service Center, Inc.
- Series B, Mar 31, 2011, $22M — Kleiner Perkins, Chrysalix, Reference Capital Management, Saffron Hill Ventures, TotalEnergies, Waste Management Service Center, Inc.
- Series A, Jun 1, 2009, $3.5M — Chrysalix, Reference Capital Management, Saffron Hill Ventures

## Investors

- Chrysalix (https://capitalatlas.ai/funds/chrysalix) — Series A, Series B, Series C
- Reference Capital Management (https://capitalatlas.ai/funds/reference-capital-management) — Series A, Series B, Series C
- Saffron Hill Ventures (https://capitalatlas.ai/funds/saffron-hill-ventures) — Series A, Series B, Series C
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C
- TotalEnergies — Series B, Series C
- Waste Management Service Center, Inc. — Series B, Series C
- Crossroads Liquidating Trust (https://capitalatlas.ai/funds/crossroads-liquidating-trust) — Series C