How much did Novoloop raise?

Novoloop raised $10 Million in a Series A round on June 1, 2022.

Where is Novoloop based and how big is it?

Novoloop is based in Menlo Park, California, United States. Fundz records about 24 employees.

Who are the decision-makers at Novoloop?

Fundz holds 1 contact at Novoloop, including the Director. Names and contact details are shown to Fundz members.

Plastic Upcycling Startup Novoloop Raises $10M Series A Extension To Accelerate Commercialization

PRIVATEJun 01, 2022

Amount Raised

$10 Million

Round Type

Series A

Menlo ParkOtherManufacturingCommerce And Shopping

Description

Novoloop, a plastic upcycling startup, said Wednesday it has raised a $10 million Series A extension round co-led by South Korean chemical firm Hanwha Solutions and Taizo Son’s Mistletoe. This follows a first raise of $11 million in February and brings the Series A to $21 million and its total funding to $24 million.

Quick answer

Novoloop raised $10 Million in a Series A round, dated June 1, 2022. Novoloop is based in Menlo Park, California, United States.

How much did Novoloop raise?: Novoloop raised $10 Million in a Series A round on June 1, 2022.
What does Novoloop do?: Novoloop is a circular innovation company transforming hard-to-recycle plastics with its proprietary Lifecycling™ technology.
Where is Novoloop based and how big is it?: Novoloop is based in Menlo Park, California, United States. Fundz records about 24 employees.
Who are the decision-makers at Novoloop?: Fundz holds 1 contact at Novoloop, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce And Shopping and Manufacturing around the same time

Companies in the same sectors as Novoloop that raised within 45 days of this round, from Fundz verified event records.

Hadrian raised $11M (Seed) on June 24, 2022.
NightWare raised $700K (Seed) on July 15, 2022.
Nyobolt raised an undisclosed amount (Funding Round) on July 15, 2022.
Circ raised $30M on July 15, 2022.
Stori raised $150M (Funding Round) on July 15, 2022.
Peer Robotics raised $1.5M on July 15, 2022.

Who to call at Novoloop, and when

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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.

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Related People

1 contact

Verified contactsJeanny Y., DirectorSee plans and pricing

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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Novoloop raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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