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Novomer
Sustainable chemistry company developing high performance, environmentally responsible polymers and chemical intermediates
About Novomer
Novomer is a pioneering company in the chemical manufacturing industry, focusing on the development of sustainable, high-performance polymers and chemicals. The company operates in the market for industrial chemicals, serving clients who require cost-effective and environmentally friendly solutions. Novomer's business model revolves around its patented Novo 22 process and intelligent design, which enable the production of carbon-efficient and cost-effective products such as Acrylic Acid, Acrylamide, and Acrylonitrile. These products are seamlessly integrated into existing supply chains, offering a sustainable alternative to traditional chemical manufacturing methods. Novomer generates revenue by selling these innovative chemical products to manufacturers and industries that prioritize sustainability and cost efficiency. The company's commitment to using plant-based and renewable feedstock positions it at the forefront of the sustainable manufacturing movement. With a team of expert problem solvers and a culture of rapid innovation, Novomer is well-equipped to respond to future opportunities in the chemical industry.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2004
- Headquarters
- Waltham, United States
- Employees
- 10
- Open positions
- None listed
- Dealroom signal
- 71.3/100
- Industry
- Chemicals
- Sector
- Chemicals, Biotechnology, Synthetic Biology, Spinout, Sustainable Development Goals, Polymers, Fermentation, Climate Tech, DT and LS, science-based
- Technology
- Hardware, 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 |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jul 2021 | $152M | $152M | Danimer Scientific | — |
| SERIES AEquity / VC | Jan 2020 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Novomer is 90 monthly website visits, down 83% over the last three months. Novomer's team declined 50% 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.
Seed1 investor entered at this stage
American Chemical Society
Series A4 investors entered at this stage
- PVPhysic Ventures
Flagship Pioneering- DVDSM Venturing
- OPOVP Venture Partners
Series B and later1 investor entered at this stage
Aramco Ventures
Other known investors4 additional known investors
Cornell Tech
Cornell University
Danimer Scientific
DSM
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Novomer 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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