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 12
| Date | Title | Description |
| 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 |
| 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 was co-led by BASF Venture Capital and Wingman Ventures, with the participation of Beiersdorf, Infinity Recycling, CIECH Ventures, Angel Invest... |
| 27.06.2023 | DePoly closes CHF12.3m oversubscribed seed round | |
| 27.06.2023 | Swiss start-up DePoly raises $13.8 million to scale its operations converting plastics and polyester textiles back to raw materials | Swiss start-up DePoly converts PET plastics and polyester textiles back to their main raw materials. The climate tech is reacting to the waste plastic issue where only clean plastics and sorted waste is recycled. Its energy efficient chemic... |
| 27.06.2023 | DePoly erhält 21,3 Millionen – Colonia sammelt 6 Millionen ein – Airmo bekommt 5,2 Millionen | Im #DealMonitor für den 27. Juni werfen wir einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor-Arc... |
| 26.06.2023 | DePoly keeps hard to recycle plastic from ending up in landfills | About 400 million tons of plastic are produced each year, but less than 10% is recycled, with most of the rest ending up incinerated or in landfills. One reason is that it is difficult for conventional recycling processes to handle contamin... |
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