Polymateria
Financials
Estimates*
GBP | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | <1m | <1m | <1m |
% growth | - | 53 % | 5 % |
Profit | (3.0m) | (3.8m) | (5.0m) |
% profit margin | (680 %) | (578 %) | (720 %) |
Date | Investors | Amount | Round |
---|---|---|---|
£540k | Grant | ||
£15.0m | Early VC | ||
* | £20.0m | Series B | |
Total Funding | CAD64.0m |
Recent News about Polymateria
EditPolymateria is a company focused on providing innovative biodegradable solutions for conventional plastic packaging. The company operates in the environmental technology sector, targeting industries that utilize plastic packaging and are seeking sustainable alternatives. Polymateria's core product is a proprietary additive that enables plastics to safely biodegrade if they escape into the environment, thus addressing the global plastic pollution crisis. The business model revolves around licensing this technology to manufacturers and brands, allowing them to produce biodegradable plastic products. Revenue is generated through licensing fees and partnerships with companies in the packaging, consumer goods, and textile industries. Polymateria serves a diverse range of clients, including large corporations and small businesses committed to sustainability. The company operates globally, leveraging its scientific expertise to offer tailored solutions that meet the specific needs of its clients.
Keywords: biodegradable, plastic packaging, proprietary additive, environmental technology, sustainability, licensing, global market, pollution solution, consumer goods, textile industry.