Polystyvert
Latest round
- Series B
Last raised
- Jul 2024
Total raised
- $16M
Investors
- 3
About Polystyvert
Founded in 2011, Polystyvert Inc. focuses on recycling polystyrene through a unique dissolution technology. Solenne Gaillot is the founder, and Nathalie Morin currently serves as CEO.Polystyvert specializes in the innovative recycling of polystyrene, utilizing a proprietary dissolution technology that effectively processes all types of polystyrene, including expanded, extruded, and injected forms. The core product offering is high-quality recycled polystyrene, which can be re-extruded or re-injected, enabling various applications that utilize 100% recycled material. This technology allows for the rapid dissolution of polystyrene in an essential oil, effectively separating it from contaminants such as paper, cardboard, and metals. As a result, Polystyvert's recycled polystyrene pellets are suitable for traditional applications like extrusion and injection molding, serving various industries including packaging, construction, and consumer goods.Polystyvert generates revenue through a business model that encompasses partnerships, licensing agreements, and direct sales of its recycling technology and processed products. Collaborations with government and private sector partners, including major international corporations, aim to meet environmental sustainability goals. Transactions typically involve the sale of recycled polystyrene pellets to manufacturers and firms in need of sustainable raw materials.In July 2024, Polystyvert Inc. The company plans to enhance its market presence by targeting new partnerships and licensing opportunities, with an emphasis on expanding into additional geographic regions to broaden its impact on polystyrene recycling.
Who invested in Polystyvert
3 investors across 1 round
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Funding rounds
Series B
Jul 8, 2024
Amount
$16M
Investors
Questions about Polystyvert
Who invested in Polystyvert?
Polystyvert has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Polystyvert raised?
Polystyvert has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Polystyvert last raise money?
Polystyvert's most recent round on record is a Series B, in Jul 2024.
What does Polystyvert do?
Founded in 2011, Polystyvert Inc.
Where is Polystyvert headquartered?
Polystyvert is headquartered in Canada.
Which VCs invest in companies like Polystyvert?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at Polystyvert's stage. Their profiles are linked below.
VCs backing environmental services startups at Series B
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