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Bobine

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Industrial process for recycling plastic waste into olefins

Clermont-Ferrand, FranceFounded 2023Energy
Valuation $50–100M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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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 data

At 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

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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 —
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Growth signals

Bobine website traffic

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.

Latest monthly visits310 3-month web change+933.3% 1-year team growth+85.7%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

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
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇫🇷 France100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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