Plastus
PrivateLast Round
Seed
Aug 27, 2024
Total Funding Raised
$450,000
Company Overview
Plastus is a biotechnology company that manufactures biodegradable bioplastics (PHAs) by converting organic waste through a novel fermentation process.
Sector
Energy & Sustainability
Verticals
Sustainable Materials, Biotechnology, Circular Economy, Clean Manufacturing, Waste Management
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Plastus Comparables
Compare Plastus with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Polymeron | 89% | |
| Dionymer | 88% | |
| Genecis Bioindustries | 86% | |
Plastus Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Aug 27, 2024 | ||||
| Accelerator | Mar 1, 2023 | ||||
| Grant | Feb 9, 2023 | ||||
| Grant | Dec 14, 2021 |
Plastus Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| IBM Ventures | Seed |
| Ministry of Communications and Information Technology, Saudi Arabia | Grant |
| Entrepreneurship World Cup | Grant |
| Misk Foundation | Grant |
| KAUST Innovation Ventures | Accelerator |
| TAQADAM | Accelerator |
| National Technology Development Program | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 27, 2024
Seed round with participation from IBM Ventures.
- Mar 1, 2023
$100K round with KAUST Innovation Ventures and Saudi Awwal Bank.
Plastus Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Plastus's valuation, stock price, and market status.