B
Bobine
Industrial process for recycling plastic waste into olefins
About Bobine
Bobine is a cleantech company addressing the challenge of plastic waste through a specialized chemical recycling process. Founded in Strasbourg, France, in 2023, the company is the result of three years of research at the ICPEES laboratory, a joint unit of the CNRS (French National Research Council) and the University of Strasbourg. The core technology, for which an exclusive license was granted by SATT Conectus, originated from research by inventors Charlotte Pham and Cuong Pham-Huu. The company's CEO is Vincent Simonneau.
Bobine's business focuses on the chemical recycling of polyolefins (polyethylene and polypropylene), which constitute 45% of global plastic production and are often difficult to recycle mechanically. The company targets the market for "hard-to-recycle" plastic waste that would otherwise be incinerated or sent to landfill. By transforming this waste, Bobine produces olefins—the building blocks for plastic—that are of virgin quality and suitable for food-grade packaging. This directly addresses stricter European regulations, such as the mandate for 25-50% recycled content in contact-sensitive packaging by 2040.
The company's process utilizes a combination of heterogeneous catalysis and electromagnetic induction, which sets it apart from traditional methods. A key feature is its ability to produce olefins without requiring energy-intensive steam crackers, a standard in petrochemical facilities. Bobine asserts that this approach leads to a 45% reduction in production costs and a 60% smaller carbon footprint compared to other chemical recycling methods. In May 2024, Bobine partnered with the Michelin Group, joining its Center for Sustainable Materials to accelerate development. The company launched a pilot unit in the summer of 2024, is developing a demonstration unit for 2025/2026, and has raised €2 million in a recent funding round.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- Clermont-Ferrand, France
- Employees
- 13
- Open positions
- None listed
- Dealroom signal
- 84.3/100
- Sub-industry
- Waste Solution
- Sector
- Energy, Recycling, Spinout, Sustainable Development Goals, Climate Tech, Circular Economy, Energy and Greentech, Observatoire Deeptech, Recycling and Waste, Greentech, observatoire greentech
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Feb 2026 | $14M | $57M | Axeleo Capital · UI Investissement · Crédit Agricole Création · Angelor | ↗ |
| SPINOUT✓Other financing | Sep 2023 | — | — | French National Centre for Scientific Research - CNRS · CNRS Innovation · SATT Conectus | — |
Growth signals
Latest recorded traffic for Bobine is 310 monthly website visits, up 933.3% over the last three months. Bobine's team grew 85.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Axeleo Capital
UI Investissement
Crédit Agricole Création
Angelor
Other known investors3 additional known investors
CNRS Innovation
French National Centre for Scientific Research - CNRS
SATT Conectus
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bobine on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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