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Ioniqa
Specialized in creating value out of plastic waste by using its proprietary circular technology
About Ioniqa
Ioniqa is a clean-tech startup that originated from the Eindhoven University of Technology in the Netherlands. The company specializes in transforming PET (Polyethylene Terephthalate) waste into valuable resources through a proprietary circular technology. This innovative process, which has won national awards, allows Ioniqa to convert all types and colors of PET waste into 'virgin-quality' new PET, a feat previously unachievable.
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The company's business model is centered around a cost-effective process known as depolymerisation. In simple terms, this process involves submerging the plastic in a solution, causing the molecular structure of the plastic to dissolve slowly. The resulting raw material is identical to plastics produced from oil and is even suitable for food packaging.
Ioniqa's primary market is the plastics industry, which has a pressing need to reduce its reliance on oil and improve its waste management. The company's process effectively 'closes the oil tap' for the industry, offering a sustainable alternative that can be infinitely upcycled.
In addition to its core business, Ioniqa is also behind the NOW (NO Waste) movement, a consumer platform advocating for the PET industry to shift towards infinite upcycling.
In terms of revenue, Ioniqa makes money by selling the 'virgin-quality' PET it produces to companies in the plastics industry. The company is also researching upcycling processes for other types of plastics, which could potentially open up new revenue streams in the future.
At a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- Eindhoven, Netherlands
- Employees
- 17
- Open positions
- None listed
- Dealroom signal
- 75.3/100
- Sub-industry
- Clean Energy
- Sector
- Energy, Recycling, Chemistry, Plastic, Waste Reduction, Spinout, Sustainable Packaging, Sustainable Development Goals, Industrial Technology, Advanced Materials, Innovative Material Tech
- 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 |
|---|---|---|---|---|---|
| GROWTH EQUITY VCOther financing | Dec 2024 | $0 | — | Infinity Recycling | ↗ |
| GROWTH EQUITY VCOther financing | Sep 2022 | $33M | — | Koch Disruptive Technologies | ↗ |
Growth signals
Latest recorded traffic for Ioniqa is 1.3K monthly website visits, up 68.8% over the last three months. Ioniqa's team declined 5.6% 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 A1 investor entered at this stage
Chemelot Ventures
Series B and later3 investors entered at this stage
Dutch National Fund for Green Investments
Koch Disruptive Technologies
Infinity Recycling
Other known investors1 additional known investor
Eindhoven University of Technology
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Ioniqa 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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