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2025-05-01 – https://www.esgtoday.com/depoly-raises-23-million-to-turn-hard-to-recycle-plastics-into-new-raw-materials/?utm_source=rss&utm_medium=rss&utm_campaign=depoly-raises-23-million-to-turn-hard-to-recycle-plastics-into-new-raw-materials - ESGNA
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2025-05-01 – https://www.esgtoday.com/depoly-raises-23-million-to-turn-hard-to-recycle-plastics-into-new-raw-materials/?utm_source=rss&utm_medium=rss&utm_campaign=depoly-raises-23-million-to-turn-hard-to-recycle-plastics-into-new-raw-materials

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Chemical recycling startup DePoly has raised $23 million with proceeds to be used to support […]] DePoly Raises $23 Million to Turn Hard-to-Recycle Plastics into New Raw Materials – ESG Today ESG Investing, sustainable finance & business sustainability news ESG investing news, analysis, research and information Top Stories ESG News Companies Government Investors Regulators Sustainable Finance ESG Solutions ESG Tools, Services Companies Companies Investors Investors ESG Disclosure ESG Reporting Analysis Regulators Reports, Studies Newsfeed Resources Events About About us Our Team Advertise With Us Environment/ Private Equity & Venture Capital DePoly Raises $23 Million to Turn Hard-to-Recycle Plastics into New Raw Materials ESG Today Writing Staff April 30, 2025 Chemical recycling startup DePoly has raised $23 million with proceeds to be used to support the scaling of its technology to tackle hard-to-recycle plastics. Founded in 2020 by co-founders CEO Samantha Anderson, CTO Bardiya Valizadeh, and CSO Christopher Ireland, DePoly offers a solution to break down plastic and textile waste for use as building blocks for new, high-quality PET and polyester. The company’s chemical recycling process converts post-consumer and post-industrial plastic waste streams into their main raw components, helping to solve challenges that can prevent plastic from being recycled, such as the high cost and difficulty involved in sorting, separating, and cleaning complex plastic streams. Alongside the capital raise, DePoly also announced the upcoming launch of a 500-tonne-per-year showcase plant in Monthey, Switzerland, planned for this summer, to demonstrate its process to convert PET and polyester waste into virgin-quality raw materials. DePoly said that it has partnered with companies in the fashion, cosmetics, and broader consumer goods industries to demonstrate its technology. The company added that it is planning to build a commercial plant in 2027 that will process significantly larger volumes of PET and polyester waste. Samantha Anderson, Co-founder & CEO of DePoly, said: “The upcoming showcase plant validates our roadmap to creating a truly circular plastics market. Following our pilot and showcase plant, our next goal is to scale our operations to industrial size with a first of a kind commercial plant based on our technology.” Investors in the funding round include MassMutual Ventures, joining existing investors, including Founderful, ACE & Company, Angel Invest, Zürcher Kantonalbank, BASF Venture Capital, Beiersdorf Venture Capital, and Syensqo. In total, the company said it has raised more than $30 million across two rounds and grants. Alix Brunet, Europe Lead at MassMutual Ventures, said: “DePoly’s proven technology is a game changer addressing a crucial industrial and societal challenge. This raise and the showcase plant opening are advancing DePoly’s position as a leader in plastics recycling.” ESG Today Writing Staff Related Posts Environment / Companies Continuing to Increase Climate Ambitions Despite Headwinds: MSCI Private Equity & Venture Capital / Stonepeak Acquires $340 Million Stake in U.S. Solar Portfolio from Repsol Environment / Kering Launches New Water Sustainability Strategy ‹ Stonepeak Acquires $340 Million Stake in U.S. Solar Portfolio from Repsol ESG Today Newsletter – Subscribe Subscribe to the ESG Today NewsletterJoin our mailing list for the latest breaking ESG investment news! LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsR & DProcurement & ContractingSupply Chain & DistributionSustainabilityStrategyTechnologyOther SUBSCRIBE! 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Subscribe now below! LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyOther SUBSCRIBE! You have Successfully Subscribed! Never miss the latest breaking ESG investment news. Get ESG Today’s newsletter today! Subscribe Now c

2025-05-01 – https://www.esgtoday.com/depoly-raises-23-million-to-turn-hard-to-recycle-plastics-into-new-raw-materials/?utm_source=rss&utm_medium=rss&utm_campaign=depoly-raises-23-million-to-turn-hard-to-recycle-plastics-into-new-raw-materials

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Chemical recycling startup DePoly has raised $23 million with proceeds to be used to support […]] DePoly Raises $23 Million to Turn Hard-to-Recycle Plastics into New Raw Materials – ESG Today ESG Investing, sustainable finance & business sustainability news ESG investing news, analysis, research and information Top Stories ESG News Companies Government Investors Regulators Sustainable Finance ESG Solutions ESG Tools, Services Companies Companies Investors Investors ESG Disclosure ESG Reporting Analysis Regulators Reports, Studies Newsfeed Resources Events About About us Our Team Advertise With Us Environment/ Private Equity & Venture Capital DePoly Raises $23 Million to Turn Hard-to-Recycle Plastics into New Raw Materials ESG Today Writing Staff April 30, 2025 Chemical recycling startup DePoly has raised $23 million with proceeds to be used to support the scaling of its technology to tackle hard-to-recycle plastics. Founded in 2020 by co-founders CEO Samantha Anderson, CTO Bardiya Valizadeh, and CSO Christopher Ireland, DePoly offers a solution to break down plastic and textile waste for use as building blocks for new, high-quality PET and polyester. The company’s chemical recycling process converts post-consumer and post-industrial plastic waste streams into their main raw components, helping to solve challenges that can prevent plastic from being recycled, such as the high cost and difficulty involved in sorting, separating, and cleaning complex plastic streams. Alongside the capital raise, DePoly also announced the upcoming launch of a 500-tonne-per-year showcase plant in Monthey, Switzerland, planned for this summer, to demonstrate its process to convert PET and polyester waste into virgin-quality raw materials. DePoly said that it has partnered with companies in the fashion, cosmetics, and broader consumer goods industries to demonstrate its technology. The company added that it is planning to build a commercial plant in 2027 that will process significantly larger volumes of PET and polyester waste. Samantha Anderson, Co-founder & CEO of DePoly, said: “The upcoming showcase plant validates our roadmap to creating a truly circular plastics market. Following our pilot and showcase plant, our next goal is to scale our operations to industrial size with a first of a kind commercial plant based on our technology.” Investors in the funding round include MassMutual Ventures, joining existing investors, including Founderful, ACE & Company, Angel Invest, Zürcher Kantonalbank, BASF Venture Capital, Beiersdorf Venture Capital, and Syensqo. In total, the company said it has raised more than $30 million across two rounds and grants. Alix Brunet, Europe Lead at MassMutual Ventures, said: “DePoly’s proven technology is a game changer addressing a crucial industrial and societal challenge. This raise and the showcase plant opening are advancing DePoly’s position as a leader in plastics recycling.” ESG Today Writing Staff Related Posts Environment / Companies Continuing to Increase Climate Ambitions Despite Headwinds: MSCI Private Equity & Venture Capital / Stonepeak Acquires $340 Million Stake in U.S. Solar Portfolio from Repsol Environment / Kering Launches New Water Sustainability Strategy ‹ Stonepeak Acquires $340 Million Stake in U.S. Solar Portfolio from Repsol ESG Today Newsletter – Subscribe Subscribe to the ESG Today NewsletterJoin our mailing list for the latest breaking ESG investment news! LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsR & DProcurement & ContractingSupply Chain & DistributionSustainabilityStrategyTechnologyOther SUBSCRIBE! You have Successfully Subscribed! Sustainable Finance RBC Drops $500 Billion Sustainable Finance Target EBA Launches ESG Dashboard to Track Climate Risk in Banking Sector Exowatt Raises $70 Million for 24-Hour-a-Day Solar Power Solution Fintech Startup Crux Raises $50 Million to Build Capital Market Platform for Clean Energy Developers Government France Launches Charter to Support Use of High-Integrity Carbon Credits NYC Pension Funds to Drop Asset Managers Without Strong Net Zero Action Plans UK Releases Carbon Credit “Integrity Principles” to Advance Carbon Markets Trump Admin Halts $5 Billion New York Offshore Wind Project Categories Select Category Companies Energy Transition Environment ESG Reporting ESG Tools, Services Executive Moves Governance Government Guest Posts Investors M&A New funds & products Platforms & Markets Private Equity & Venture Capital Professional bodies Regulators Reports, Studies Social Social & Governance Sustainable Finance Back to Top Home About us Disclosure, cookies & privacy policy © ESG Today 2025 Don’t miss the top ESG stories!Join the ESG Today daily newsletter and get all the top ESG stories, like this one. Subscribe now below! LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyOther SUBSCRIBE! You have Successfully Subscribed! Never miss the latest breaking ESG investment news. Get ESG Today’s newsletter today! Subscribe Now c