# Polycarbin

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

- Industry: Environmental Services
- Headquarters: San Francisco, US
- Website: www.polycarbin.com
- Total disclosed funding: $2.9M
- Latest round: Seed (Jan 10, 2022)
- Investors on record: 2

## About

Based in California, US, and founded in 2019, Polycarbin, Inc., also known as Polycarbin operates as a provider of Closed-Loop solutions designed for recycling the scientific plastic wastes in the research and healthcare segment. The company was co-founded by Noah Pyles (Co-CEO), and James O'Brien (Co-CEO), and in January 2022, Polycarbin, Inc. raised USD 2 million in seed funding from new investor Ringbolt Capital, with participation from returning investor VoLo Earth Ventures.

The company operates with a mission to minimize the carbon footprint through systematic segregation and recycling of scientific plastic wastes formed in laboratories. The firm equips organizations with a proprietary sorting system called carbin, where the rigid plastics are separated to clear (colorless) and non-clear (colored) plastics, before proceeding to the recycling process. Polycarbin also offers an app that allows clients to scan their carbin QR codes to generate pick-up requests, as well as to measure and track waste production, the quantity of waste recycled, and carbon footprint reduction.
Polycarbin rE-Marketplace is another service offered by the company, which allows laboratories to purchase recycled materials like pipette tips, conicals, and microcentrifuge tubes, among other things.

Polycarbin, Inc. will use the January 2022 funding to address the rising customer demand for sustainable and economical single-use scientific plastics.

## Funding rounds

- Seed, Jan 10, 2022, $2M — VoLo Earth Ventures, Ringbolt Capital
- Seed, Oct 23, 2020, $0.9M — VoLo Earth Ventures

## Investors

- VoLo Earth Ventures (https://capitalatlas.ai/funds/volo-earth-ventures) — Seed
- Ringbolt Capital (https://capitalatlas.ai/funds/ringbolt-capital) — Seed