N
Novoloop
Convert plastic polymers into value-added chemicals that have applications in myriad fields such as in the manufacture of paints, plasticizers, textiles, polyurethanes, detergents, cleaners, etc
About Novoloop
Novoloop is a pioneering company in the field of plastic circularity, specializing in transforming post-consumer plastic waste into high-performance materials. Founded in 2015 and headquartered in Menlo Park, California, Novoloop operates in the sustainable materials market, serving clients in the footwear, electronics, and automotive industries. The company employs a patented technology called Accelerated Thermal Oxidative Decomposition (ATOD) to chemically upcycle plastic waste into Thermoplastic Polyurethane (TPU) and other performance materials. Novoloop's business model revolves around selling these advanced materials to manufacturers who are looking to incorporate sustainable practices into their products. The company has raised $25 million in venture capital to date and is currently scaling up its first commercial manufacturing facility. By converting plastic waste into valuable materials, Novoloop not only addresses environmental concerns but also creates a profitable revenue stream.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Menlo Park, United States
- Employees
- 25
- Open positions
- None listed
- Dealroom signal
- 71.7/100
- Sub-industry
- Waste Solution
- Sector
- Energy, Recycling, Biotechnology, Plastic, Waste Reduction, Sustainable Development Goals, Polymers, Climate Tech, Circular Economy, Blue Economy, Bioeconomy
- 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 |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jun 2025 | $21M | $84M | Valo Ventures · Taranis | ↗ |
| SERIES A✓Equity / VC | Jun 2022 | $10M | $55M | S Cap · SOSV · Mistletoe · Valo Ventures | ↗ |
Growth signals
Latest recorded traffic for Novoloop is 830 monthly website visits, up 260.9% over the last three months. Novoloop's team grew 0% 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.
Seed7 investors entered at this stage
Dorm Room Fund
SOSV
Indie Bio
Venturewell
The Schmidt Family Foundation
ONE WORLD Training & Investments
Ocean Solutions Accelerator
Series A10 investors entered at this stage
Prithvi Ventures
Valo Ventures
Envisioning Partners- BABemis Associates
S Cap
Mistletoe
Hanwha Solutions
Drive Catalyst
Alante Capital
Taranis
Series B and later2 investors entered at this stage
Echoing Green
Coralus
Other known investors10 additional known investors
1000 Ocean Startups
BioCube
Craig Dudenhoeffer
Creative Destruction Lab
Karla Mora- LHLeslie Harwell
Seabird Ventures
StartX
Sustainable Ocean Alliance
Technology Pioneers | World Economic Forum
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Novoloop 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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