Tech Company Financing Transactions
Polymateria Funding Round
Polymateria, based in London, England, secured $25.1 million from ABC Impact and Indorama Ventures.
Transaction Overview
Company Name
Announced On
4/28/2023
Transaction Type
Venture Equity
Amount
$25,059,000
Round
Series B
Investors
ABC Impact (Lead Investor)
Indorama Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the commercialization of its technology at scale, while also prioritising investment in its people and R&D capabilities.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Imperial College I-HUB White City Campus, 80 Wood Lane
London, England, W12 0BZ
UK
London, England, W12 0BZ
UK
Phone
Undisclosed
Website
Email Address
Overview
Polymateria is a British business developing a new standard in biodegradable and compostable plastic.
Management Team
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