Tech Company Financing Transactions
DePoly Funding Round
DePoly, based in Sion, received $23 million from MassMutual Ventures, BASF Venture Capital America and Beiersdorf.
Transaction Overview
Company Name
Announced On
4/29/2025
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Seed
Investors
Proceeds Purpose
The new funding will allow DePoly to continue its rapid growth, further refine its technology, and move towards its next major goal - the construction of a commercial-scale plant that will process larger volumes of PET and polyester waste.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Rue de l'Industrie 23
Sion, 1950
CH
Sion, 1950
CH
Phone
Undisclosed
Website
Email Address
Overview
At DePoly, we are revolutionizing plastic waste treatment, paving the way for a greener and cleaner Earth for the generations to come. Our cutting-edge recycling process converts plastics into high-quality raw materials without compromising their quality. Not only is it energy-efficient, but it also has the remarkable ability to handle even the most challenging streams of PET plastic and textiles, including mixed, dirty post-consumer and post-industrial waste that are traditionally considered unrecyclable.
Management Team
Title
Name
Email & Social
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