DePoly Secures $23M Seed Round to Revolutionize Plastic Recycling and Cleantech Innovation

DePoly is excited to announce that it has successfully raised $23,000,000 in its latest funding round, marking a significant milestone in the company’s ambitious journey toward revolutionizing the recycling industry. Recognized as a 2024 Technology Pioneer by the World Economic Forum and celebrated as one of the Top 100 Swiss Startups of 2024, DePoly has established itself as a trailblazer in cleantech innovation. With a unique recycling process that transforms plastics into high-quality raw materials, DePoly is on a mission to tackle the growing global challenge of plastic waste. This innovative technology is not only energy-efficient but also robust enough to manage the most complex streams of PET plastic and textiles, even when faced with mixed, contaminated, or previously deemed unrecyclable post-consumer and post-industrial waste. The new funding will be pivotal in accelerating the company’s efforts to expand its operational capacity and further refine its pioneering recycling method. It will provide the resources necessary to scale the technology, broaden market reach, and deepen research and development initiatives aimed at enhancing sustainability and efficiency. DePoly’s team, composed of passionate and visionary professionals committed to challenging the status quo, is eager to leverage this capital to make impactful contributions to environmental sustainability. By pushing the boundaries of what is possible in recycling technology, DePoly is not only transforming how plastics are reused but is also actively shaping a cleaner, greener future for industries and communities around the world.