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Polymateria

Polymateria

Private
London, EnglandEnergy & Sustainabilityhttps://www.polymateria.com/

Last Round

Series B

Apr 28, 2023

Total Funding Raised

$47.05M

Momentum Score

25 /100

Company Overview

Polymateria is a British technology company, founded in 2015 at Imperial College London, that has developed a technology called 'Biotransformation' to tackle plastic pollution. This technology involves a proprietary additive that is incorporated into plastics during manufacturing. It is designed to make conventional plastics, like polyethylene and polypropylene, biodegradable in the natural environment if they escape recycling streams. The process is time-controlled, allowing the plastic to be recycled during its intended service life, but causing it to break down into a harmless wax that fully biodegrades if it becomes fugitive waste, leaving no microplastics. The company has received significant funding, including a £20 million Series B round in 2023, to commercialize its technology globally, with a focus on Asia. Polymateria brands its technology under the name "Lyfecycle" and was recognized as a World Economic Forum Technology Pioneer in 2021.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Circular Economy, Advanced Materials

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

biotransformation technologymasterbatch additivebiodegradable plasticmicroplastic-freesustainable packagingplastic additivedrop-in additiverecyclable plasticsmart plasticself-destructing plasticcircular economyadvanced materialsgreen chemistryfugitive plasticLyfecycle

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Caplight Momentum Score

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Polymateria Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Polymateria Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BApr 28, 2023
GrantJul 21, 2020
Series AJul 21, 2020
GrantNov 21, 2018

Key People

Founding team and executive leadership

Richard Horne

Chief Executive Officer

Executive Team

Alex Pike

Chief Financial Officer

Executive Team

Polymateria Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 1, 2026

    Launched a new product at the Packaging Innovations exhibition in February 2026.

  • Feb 1, 2026

    Launched the VeriGreen Plus cup at Packaging Innovations exhibition.

Polymateria Filings

SEC and related filings with document metadata.

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Polymateria Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Polymateria's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon, England
Employee Range48
Year Founded2015
Last FundingApr 28, 2023

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