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Polystyvert
Innovative sme environmental company with a mission to recycle polystyrene
About Polystyvert
Polystyvert is a pioneering company in the field of polymer recycling, specializing in the dissolution recycling of polystyrene and ABS plastics. Operating in the Greater Montreal area, Polystyvert serves a diverse range of clients, including industrial manufacturers and consumer goods companies, who are looking to incorporate high-quality recycled materials into their products. The company has recently inaugurated its first full-scale commercial plant, capable of recycling 9,000 tons of post-consumer and post-industrial polystyrene waste annually. This facility represents a $40 million investment and is a significant milestone in the company's growth trajectory.
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Polystyvert's business model revolves around its proprietary dissolution technology, which allows for the efficient recycling of highly contaminated plastic waste. This innovative process not only reduces the environmental impact of plastic waste but also produces recycled materials that meet the stringent quality requirements of various industries. The company generates revenue by selling these high-quality recycled plastics to manufacturers who are increasingly seeking sustainable materials to meet regulatory and consumer demands.
In addition to its commercial operations, Polystyvert has also established the Roland Research and Development Center to further innovate and expand its recycling technologies. This center is dedicated to exploring new applications and improving the efficiency of the dissolution process, ensuring that Polystyvert remains at the forefront of the recycling industry.
At a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Montreal, Canada
- Employees
- 26
- Open positions
- None listed
- Dealroom signal
- 68.2/100
- Industry
- Energy
- Sub-industry
- Waste Solution
- Sector
- Energy, Recycling, Plastic, Waste Reduction, Sustainable Development Goals, Plastic Pollution, Climate Tech, Circular Economy, Woman Founder
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Polystyvert.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jul 2024 | $12M | $47M | Earth Foundry · Infinity Recycling · Blue Oceans Partners | ↗ |
| GRANT✓Other financing | Nov 2021 | $2.6M | — | Sustainable Development Technology Canada | — |
Growth signals
Latest recorded traffic for Polystyvert is 660 monthly website visits, up 230% over the last three months. Polystyvert's team declined 3.7% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A10 investors entered at this stage
BDC Capital
AQC Capital
Anges Quebec
Sustainable Development Technology Canada
Cycle Momentum
BEWi
Quadriam
Infinity Recycling
Earth Foundry
Blue Oceans Partners
Other known investors5 additional known investors
Canadian Technology Accelerators
Ecofuel Fund
Groupe Roski
Technology Pioneers | World Economic Forum
Unreasonable Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Polystyvert 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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