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INDUSTRY FIRST

Novoloop, Inc. announced it raised $10.3 Million in an initial filing from an offering of $10.3 Million

Jan 12, 2022over 3 years ago

Amount Raised

$10.3 Million

Menlo ParkManufacturing

Company Information

Company

Novoloop

Location

3475 EDISON WAY, SUITE Q

Menlo Park, California, United States

About

Novoloop is a circular innovation company transforming hard-to-recycle plastics with its proprietary Lifecycling™ technology. By chemically upcycling post-consumer polyethylene into high-performance, low-carbon polyols and polyurethanes, Novoloop enables sustainable materials for applications in footwear, apparel, automotive, and more. Founded in 2015 and based in California, the company has raised over $50 million and holds 50 granted and pending patents across 18 regions. Novoloop’s Lifecycled™ TPU debuted in On’s Cloudprime sneaker in 2022, and in 2025, the company was named one of TIME’s World’s Top Greentech Companies.

FundzWatch™ Score

87
Medium Activity

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Funding Insights

Based on industry data
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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech