Led · Seed · Oct 2025

Founded in 2024 in Leipzig, aevoloop has created a patented chemistry that introduces selectively cleavable bonds into polyethylene and polypropylene chains, allowing the materials to be broken back down into virgin-grade monomers at end-of-life. The resulting plastics match the mechanical properties and processing profiles of conventional polyolefins, so they can run on existing extruders and injection-moulding lines without cost penalties. Because the polymers are also biodegradable, the platform targets both macro- and microplastic pollution. Initial application areas include packaging, films, injection-moulded parts and textiles, with the company aiming to scale toward industrial production and broaden use cases across the plastic value chain. aevoloop is collaborating with the Leibniz Institute of Polymer Research, Leipzig University and the Center for the Transformation of Chemistry under the “Saxy Plastics” project to accelerate R&D and commercialization. The startup just secured about €8 million in fresh capital—€3.25 million in seed equity plus nearly €5 million in public co-funding—providing runway for pilot production and market launch activities.

Participated · Seed · Nov 2024

Earthodic develops Biobarc™, a water-resistant, repulpable and recyclable coating for paper packaging that reintegrates lignin, a pulp-and-paper byproduct, into paperboard barrier applications. Its coatings are certified 100% biobased carbon and are designed as a drop-in solution for existing coating infrastructure to replace wax and petroleum-based films. The company is pursuing third-party certifications for industrial compostability to expand end-of-life pathways. Earthodic sells Biobarc™ into non-food contact packaging at scale and is deepening R&D partnerships with global paper-packaging leaders. Established in 2022, Earthodic maintains an R&D hub in Queensland and has operations across Australia and the USA. Earthodic develops Paperbarc, a bio-based waterproof coating that gives paper and packaging water resistance while remaining strong and recyclable. Paperbarc is positioned as a potential replacement for wax or plastic-coated packaging and is suited to bulk and secondary packaging in agricultural and food supply chains, including seafood and fruit and vegetables. The company completed a commercial-scale manufacture run in the US and has earned 100% USDA Biobased Product Label certification and eligibility to participate in the USDA BioPreferred Program. Co-founders Albert Tietz, Fiona Donaghey, Anthony Musumeci and Melissa Mail launched the materials science startup last year after collaborating on earlier projects. Earthodic plans to use funds to scale up production, ramp up sales and marketing, and expand its intellectual property portfolio. The startup is based in Brisbane, Queensland.

Led · Seed · Oct 2023

Algenesis develops bio-based plastics intended to match petroleum-based materials on cost and functionality. Its patented Soleic® technology is a renewable, high-performance, fully biodegradable and backyard-compostable bioPolyurethane made from plants and algae. Soleic® PU is currently used in soft foam applications such as midsoles and insoles for footwear. The company is working to evolve the product to be 100% biobased and received a US$5M grant from the U.S. Department of Energy to scale production of biobased isocyanates from algae oils using a green-flow chemistry process. The new seed funding will be used to expand Soleic® lines into breathable waterproof textiles and injection-molded products like phone cases. Algenesis also plans to bring more processes in-house to strengthen its supply chain and scale production and commercialization.

Participated · Series B · Mar 2023

Circ is a Danville, Virginia-based textile recycler that has developed patented technology to recycle global fashion waste back into textiles. The company says its process reduces the need for petroleum, trees, and other materials used to manufacture clothes. Its technology is currently used by Patagonia, Marubeni, and Fashion For Good. Circ aims to recycle 10 billion garments, representing 10% of the global apparel market, which it says will save more than 100 million trees. The company will use new funding to expand its manufacturing efforts and packaging partnerships. Circ is led by CEO Peter Majeranowski. Circ develops a proprietary chemical recycling process that extracts raw materials from discarded cotton and polyester, including cotton‑polyester blends. Its process uses subcritical water heated to 105–190°C at elevated pressure (40–300 psi) with a chemical catalyst such as sodium hydroxide to break polymer bonds and produce cellulose or terephthalic acid (TPA). Circ's patents state the method can use fewer chemical catalysts, making it cheaper and less environmentally taxing than some alternatives. The company began as a biofuels business processing tobacco waste but pivoted to textiles after industry demand. Circ says the new funding will help secure suppliers and purchasers as it scales, with the aim of making recycled garments accessible to everyday shoppers. Financially, the company previously raised $8 million in a round led by Tin Shed Ventures and has announced a $30 million Series B led by Breakthrough Energy Ventures. Circ has developed a chemical/hydrothermal process that can separate and recover both polyester and cotton from polyester–cotton blends while keeping fiber integrity intact. Founders Peter Majeranowski and Conor Hartman adapted the approach from earlier biofuels work (the company traces roots to Tyton BioScience) and have spent roughly a decade refining the technology. The process can handle small amounts of spandex (typically under 5 percent) and yields high-quality cotton cellulose that the team says can replace tree pulp for cellulosic fibers. Circ plans to introduce textiles made with its recycled fibers later this year, working with contract manufacturers and a facility in Danville, VA. The company raised $8 million from Patagonia, Marubeni, Alante Capital and Card Sound Capital to put the technology to work. Circ aims to scale impact—targeting recycling 10 billion garments by 2030—and positions its solution as one of several chemical-recycling approaches needed to address global textile waste and microplastics challenges.

Led · Series A · Jun 2022

ACE Green Recycling has developed a room‑temperature, non‑smelting process for recycling used lead‑acid batteries (ULAB) that the company describes as zero air emissions and zero effluents. The technology reportedly reduces heavy‑metal emissions, cuts solid waste by about 80%, and enables full recovery of polypropylene casings to minimize plastic leakage. ACE says it is the only enterprise to have commercialized a sustainable ULAB recycling solution and is now focusing on development of fossil‑fuel‑free Li‑ion battery recycling technology. The company was founded by Nishchay Chadha and Vipin Tyagi, who together have more than 25 years of metals and recycling experience, and is US‑registered. Financially, ACE has raised $7+ million as part of a Pre‑Series A round. The financing is positioned to support scale‑up of its commercially deployed process and further technology development. Market context cited in the article notes high recycling rates for lead‑acid batteries and projected growth in the global battery recycling market.