Novoloop

MaterialsSeries BMenlo Park, USnovoloop.com

Latest round

Series B

Last raised

Dec 2024

Total raised

$38M

Investors

11

About Novoloop

Based in California, US, and founded in 2015 by CEO Miranda Wang and COO Jeanny Yao, Novoloop, Inc. turns packaging waste—polyethylene into high-performance materials used for raw materials including shoes, cars, homes, and more. In December 2024, Novoloop, Inc. The company transforms packaging waste into high-performance materials used in shoes, cars, homes, and more. The company's technology, Accelerated Thermal Oxidative Decomposition (ATOD™) harvests plastic waste as a carbon-rich feedstock and stores them as performance materials with virgin qualities. The company has also developed a product called Oistre™ by ATOD technology.

Who invested in Novoloop

11 investors across 3 rounds

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Funding rounds

  1. Series B

    Dec 12, 2024

    Amount

    $19M

    Investors

    Locked

  2. Series A

    Apr 8, 2022

    Amount

    $8.7M

    Investors

    Locked

  3. Series A

    Nov 19, 2021

    Amount

    $10M

    Investors

    Locked

Questions about Novoloop

Who invested in Novoloop?

Novoloop has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Novoloop raised?

Novoloop has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Novoloop last raise money?

Novoloop's most recent round on record is a Series B, in Dec 2024.

What does Novoloop do?

Based in California, US, and founded in 2015 by CEO Miranda Wang and COO Jeanny Yao, Novoloop, Inc.

Where is Novoloop headquartered?

Novoloop is headquartered in Menlo Park, US.

Which VCs invest in companies like Novoloop?

Among active investors with capital left to deploy, Kimmeridge, GEF Capital Partners, S2G Ventures and CAVU Consumer Partners back materials companies at Novoloop's stage. Their profiles are linked below.

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