MicroGREEN Polymers develops and applies its patented Ad-air® technology to reduce plastic usage in the production of consumer products. The company will begin offering a line of Ad-air enhanced rPET sheets in various gauges for converters later this year. It also plans to launch a converted product: a low-density, thermally-insulating beverage cup that is recyclable and made from recycled material. The recent financing will enable the company to hire additional engineering, sales and marketing staff and expand commercial production capabilities. The company has received strategic interest from Waste Management as part of this round, aligning with Waste Management’s sustainability goals to triple recyclables processed by 2020 and to invest in emerging waste-management technologies.

Total raised

$7M

Funding rounds

1

Latest round

Series B

Latest activity

May 2010