# DePoly

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

- Industry: Environmental Services
- Headquarters: Sion, Switzerland
- Website: www.depoly.co
- Total disclosed funding: $37M
- Latest round: Seed (Apr 28, 2025)
- Investors on record: 10

## About

Based in Sion, Switzerland, DePoly SA specializes in transforming unsorted and contaminated PET waste into virgin-grade raw materials, addressing the global challenge of plastic waste management through innovative recycling technology.DePoly SA focuses on recycling PET waste into high-quality raw materials. Founded in 2020 in Sion, Switzerland, the company has completed three funding deals, with the latest being a Seed round in April 2025, raising USD 23.000 mn led by MassMutual Ventures and involving several notable investors. The company is co-founded by Bardiya Valizadeh, Christopher Ireland, and is currently led by CEO Samantha Anderson.DePoly specializes in the recycling of unsorted and contaminated PET waste, transforming it into virgin-grade raw materials. The core technology produces two essential precursors, PTA (Purified Terephthalic Acid) and MEG (Monoethylene Glycol), necessary for the production of new plastics. By addressing plastic waste management challenges, DePoly aims to provide sustainable solutions across various segments of the plastics supply chain, extending its operations throughout Europe and North America, where demand for recycled materials is increasing as industries strive to minimize fossil fuel dependency.DePoly generates revenue through partnerships with industries requiring recycled PET materials, operating on a B2B model. The company establishes agreements with manufacturers and wholesalers for the supply of PTA and MEG, ensuring consistent material availability based on market conditions and customer needs. By focusing on high-quality recycled materials, DePoly enhances its competitive position in the sustainable plastics market.In April 2025, DePoly SA secured USD 23.000 mn in Seed funding to enhance its technology and expand its operational capacity. The company plans to develop a larger commercial plant to process more plastic waste and is targeting growth in new markets across Europe and North America. This funding is part of a broader strategy to scale operations and meet growing demand for recycled plastics, aligning with the company's commitment to environmental sustainability.

## Funding rounds

- Seed, Apr 28, 2025, $23M — Zürcher Kantonalbank, BASF, Beiersdorf AG, ACE & Company, MassMutual Ventures, Angel Invest, Founderful, Syensqo Ventures
- Seed, Jun 27, 2023, $14M — Zürcher Kantonalbank, BASF, Beiersdorf AG, ACE & Company, Angel Invest, Founderful, Infinity Recycling, CIECH Ventures

## Investors

- Zürcher Kantonalbank — Seed
- BASF (https://capitalatlas.ai/funds/basf) — Seed
- Beiersdorf AG — Seed
- ACE & Company (https://capitalatlas.ai/funds/ace-company) — Seed
- Angel Invest — Seed
- Founderful (https://capitalatlas.ai/funds/founderful) — Seed
- Infinity Recycling (https://capitalatlas.ai/funds/infinity-recycling) — Seed
- CIECH Ventures (https://capitalatlas.ai/funds/ciech-ventures) — Seed
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Seed
- Syensqo Ventures (https://capitalatlas.ai/funds/syensqo-ventures) — Seed