Every year 56 M tonnes of PET plastic is produced, but only 9% is recycled. This is largely due to the fact that for PET plastic to be recycled it needs to be clean, sorted, and can't be mixed with other plastics. As a chemical recycling company DePoly SA is tackling the plastic problem via its enhanced recycling technology that converts post-consumer PET plastic back to its main raw components, at room temperature, without any additional heat or pressure. The raw material can then be sold back to industry, so that new virgin quality PET plastic items can be made, creating a truly circular plastic economy.
Location: Switzerland, Wallis, Sion
Total raised: $15.27M
Investors 2
| Date | Name | Website |
| - | Venture Ki... | venturekic... |
| 26.10.2023 | Oscar &... | oscar-and-... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 27.06.2023 | Seed | $13.8M | - |
| 16.12.2020 | Pre-Seed | $1.47M | Wingman Ve... |
Mentions in press and media 17
| Date | Title | Description |
| 09.10.2024 | Odlo and DePoly explore circular solutions for synthetic materials | This proof-of-concept project will utilize 20 kilograms of cut-off fabric from Odlo’s popular Active Warm base layers. DePoly will break down these materials into monomers—single synthetic compounds—and subsequently reassemble them into re... |
| 17.09.2024 | Swiss Technology Award: Die Finalisten sind erkoren | Bereits seit 36 Jahren wird der Technologiepreis Swiss Technology Award vergeben. Die Jury zeichnet in den drei Kategorien «Inventors», «Startups (Rising Stars)» und «Industry Innovation» jeweils dasjenige Projekt aus, welches mit einem üb... |
| 05.09.2024 | DePoly spearheads Top 100 Swiss Startup Awards | The Swiss startup community gathered yesterday in Lausanne to witness the awarding of the 2024 Top 100 Swiss startups. The jury, comprising investors, former founders and technology experts from the private sector, administrative boards an... |
| 26.06.2024 | DePoly debuts construction of showcase plant in Monthey | After successfully building, running and scaling their pilot plant since 2021, DePoly has begun the construction of their showcase plant in Monthey, Switzerland, at the CIMO (Compagnie industrielle de Monthey SA) site. Through its technolo... |
| 07.06.2024 | WEF’s Technology Pioneers welcome three Swiss startups | The World Economic Forum (WEF) Technology Pioneer Community, growing by 100 global members each year, consists of early- and growth-stage companies that demonstrate a high level of innovation and present an effective business model with th... |
| 06.05.2024 | Innosuisse funded 45 Start-up innovation projects | With the Start-up innovation project, Innosuisse directly funds high potential science-based projects initiated by Swiss start-ups, giving them a financial boost to propel their market entry. The innovation projects must be based on applic... |
| 17.01.2024 | Executive appointees to boost growth | |
| 29.09.2023 | Switzerland strengthens ties in Japan: new opportunities for startups | |
| 07.09.2023 | A biotech company ranks first at the TOP 100 Swiss Startup Award | |
| 27.06.2023 | How DePoly Hopes To Solve The International Plastics Crisis | DePoly's co-founders Christopher Ireland, Samantha Anderson and Bardiya ValizadehDePoly |
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