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Novelplast
Novelplast is an exciting plastics recycling company based in Co. Meath.
About Novelplast
Novelplast is a pioneering company focused on enhancing the sustainability of plastics through innovative recycling solutions and technologies. Based in Gibbstown, Navan, Co. Meath, Ireland, Novelplast operates in the environmental and sustainability sector, serving clients who are looking to minimize their environmental footprint by utilizing recycled plastic materials. The company primarily targets manufacturers, packaging companies, and other businesses that require sustainable plastic solutions.
Novelplast's business model revolves around the collection, processing, and resale of recycled plastic materials. By leveraging advanced recycling technologies, the company transforms plastic waste into high-quality, reusable materials. This not only helps in reducing landfill waste but also provides a cost-effective and eco-friendly alternative to virgin plastics.
Revenue is generated through the sale of these recycled materials to various industries, ensuring a steady income stream while promoting environmental sustainability. The company's commitment to quality and authenticity is underscored by its GRS (Global Recycled Standard) certification, which assures customers of the recycled content and product compositions.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Navan, Ireland
- Employees
- 34
- Open positions
- None listed
- Dealroom signal
- 79.0/100
- Sub-industry
- Waste Solution
- Sector
- Energy, Recycling, Biotechnology, Plastic, Waste Reduction, Sustainable Development Goals, Plastic Pollution, Climate Tech, Circular Economy, Blue Economy, Recycling and Waste, Blue Biotechnology
- 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 | Apr 2024 | $11M | $44M | Ocean 14 Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Novelplast is 580 monthly website visits, down 6.5% over the last three months. Novelplast's team grew 25.9% over the past year.
Similar companies
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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
Ocean 14 Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Novelplast 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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