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 11
Date | Title | Description | Source |
17.01.2024 | Executive appointees to boost growth | The latest strategic adjustments at Bitcoin Suisse, the oldest and largest crypto-broker, saw the ... | startuptic... |
29.09.2023 | Switzerland strengthens ties in Japan: new opportunities for... | Japan’s high level of technology and quality aligns well with Switzerland’s. It is one of Switzerl... | startuptic... |
07.09.2023 | A biotech company ranks first at the TOP 100 Swiss Startup A... | Organized by Venturelab, the TOP 100 Swiss Startup Ranking showcases the 100 Swiss startups with t... | startuptic... |
27.06.2023 | How DePoly Hopes To Solve The International Plastics Crisis | DePoly's co-founders Christopher Ireland, Samantha Anderson and Bardiya ValizadehDePoly The world’s... | forbes.com... |
27.06.2023 | DePoly Raises CHF12.3M in Seed Funding | DePoly, a Sion, Switzerland-based green-tech company, raised CHF12.3M in Seed funding. The round wa... | finsmes.co... |
27.06.2023 | DePoly closes CHF12.3m oversubscribed seed round | The oversubscribed funding round was co-led by BASF Venture Capital and Wingman Ventures, with the... | startuptic... |
27.06.2023 | Swiss start-up DePoly raises $13.8 million to scale its oper... | Swiss start-up DePoly converts PET plastics and polyester textiles back to their main raw materials.... | tech.eu/20... |
27.06.2023 | DePoly erhält 21,3 Millionen – Colonia sammelt 6 Millionen e... | Im #DealMonitor für den 27. Juni werfen wir einen Blick auf die wichtigsten, spannendsten und intere... | deutsche-s... |
26.06.2023 | DePoly keeps hard to recycle plastic from ending up in landf... | About 400 million tons of plastic are produced each year, but less than 10% is recycled, with most o... | techcrunch... |
17.01.2023 | ZKB Pionierpreis Technopark: 12 Startups nominiert | Seit letztem Jahr tritt der Pionierpreis, einer der wichtigsten Innovationspreise für Start-ups in... | startuptic... |
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