# PolyNatural

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

- Industry: Biotechnology
- Headquarters: Santiago, Chile
- Website: www.poly-natural.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Feb 25, 2020)
- Investors on record: 4

## About

PolyNatural focuses on developing sustainable biodegradable materials, primarily targeting the reduction of plastic waste in various industries. Their innovative approach aims to provide eco-friendly alternatives that fulfill the needs of modern consumers and businesses.Founded in 2016 and headquartered in Santiago, Chile, PolyNatural specializes in the production of biodegradable materials. The company was co-founded by Francisco Gavilán, who has experience in launching environmentally focused ventures. PolyNatural raised USD 800,000 in Seed funding on February 25, 2020, with lead investor ChileGlobal Ventures and participation from FIP Alerce VC, Impacta VC, and The Yield Lab.PolyNatural offers a range of sustainable biodegradable materials designed to replace conventional plastics. Their products cater to various industries including packaging, agriculture, and consumer goods. The company's goal is to provide alternatives that meet performance requirements while minimizing environmental impact, contributing to the global movement towards sustainability.PolyNatural generates revenue primarily through the sale of its biodegradable materials to businesses across multiple sectors. The revenue model includes direct sales and partnerships with distributors, ensuring broad market access. Pricing structures vary based on product specifications and order volumes, reflecting the eco-friendly nature of the offerings.PolyNatural aims to expand its product line with new biodegradable materials expected to launch by mid-2023. The recent Seed funding round of USD 800,000 will support these product developments and enhance market outreach. Additionally, the company plans to enter European and North American markets by the end of 2023, leveraging its innovative solutions to tap into growing demand for sustainable alternatives.

## Funding rounds

- Seed, Feb 25, 2020, $0.8M — ChileGlobal Ventures, The Yield Lab, FIP Alerce VC, Impacta VC

## Investors

- ChileGlobal Ventures (https://capitalatlas.ai/funds/chileglobal-ventures) — Seed
- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed
- FIP Alerce VC — Seed
- Impacta VC (https://capitalatlas.ai/funds/impacta-vc) — Seed