Poliloop

Poliloop is a startup that focuses on focuses on curbing plastic pollution by working on integrating the plastic life cycle.

Business Model:

Revenue: $0

Employees: 1-10

Detailed Poliloop Information

Geographic Data

Poliloop headquarters map

Address:

City: Budapest

State: Budapest

Zip:

Country: Hungary

Financial Info

Stage:

seed

Raised Last:

$2M

Raised Total:

$2M

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0Website Monthly Traffic

Twitter Followers

Description

We developed a microbial cocktail that degrades, metabolises and mineralizes fossil based plastics. Our process is applicable to all sorts of single-use plastics (PET, PP, LDPE, HDPE, PS, CPE, EVA -all tested) and can operate under suboptimal conditions. we have tested these plastics separately and mixed in together as well. The listed plastics are post-consumer waste plastics: colored, clear, sterilized and plastics with food debris on them. This method not only solves the plastic issue but also generates valuable end-products: bioplastics and biogas. With these, our aim is to create a circular, thus more sustainable economy. The process itself can be described as follows: we take a blend of hydrocarbon based plastics, put them in a batch with the bacteria, our minimal essential media and water. Afterwards in about two days we can macroscopically confirm the beginning of the degradation process. Complete degradation of the polymers will take about two months.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2020 Seed Round $0 Vespucci Partners
Vespucci Partners
1/2020 Seed Round 1 $120k Techstars
Techstars
11/2020 Seed Round 1 $2M Vespucci Partners
Vespucci Partners
Announced Date Name Price

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