Novoloop

Convert plastic polymers into value-added chemicals that have applications in myriad fields such as in the manufacture of paints, plasticizers, textiles, polyurethanes, detergents, cleaners, etc.

Launch date

2015

Employees

11-50 people

Market cap

Enterprise valuation

CAD75m (Public information from Jun 2022)

Menlo Park California (HQ)

http://biocellection.com

https://twitter.com/biocellection https://www.facebook.com/biocellection https://www.linkedin.com/company/biocellection-inc-

Date	Investors	Amount	Round
-	StartX Creative Destruction Lab BioCube	N/A	-
Apr 2015	Dorm Room Fund Indie Bio SOSV	$50.0k	Seed
Mar 2016	Dorm Room Fund SOSV	$600k	Seed
Apr 2016	Venturewell The Schmidt Family Foundation	$150k	Grant
May 2017	ONE WORLD Training & Investments	$1.6m	Seed
Jan 2018	ONE WORLD Training & Investments	N/A	Seed
Sep 2018	ONE WORLD Training & Investments	N/A	Seed
Feb 2019	Echoing Green Coralus	$190k	Debt
Jun 2019	Schmidt Family Foundation	$400k	Grant
Oct 2019	Ocean Solutions Accelerator	$25.0k	Seed
Sep 2020	N/A	$1.2m	Grant
Feb 2022*	Valo Ventures Envisioning Partners Bemis Associates	$11.0m	Series A
Jun 2022*	SOSV Mistletoe Valo Ventures Drive Catalyst S Cap Alante Capital Hanwha Solutions	$10.0m Valuation: $55.0m	Series A
Total Funding		CAD34.1m

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