Tech Company Financing Transactions
Novoloop Funding Round
Mistletoe, Alante Capital and DRIVE Catalyst invested in a $10 million Series A funding round for Novoloop. The round was announced on 6/1/2022.
Transaction Overview
Company Name
Announced On
6/1/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
Novoloop will use Series A financing to scale-up runs of its chemical process above the 1 metric ton scale and set up a feedstock pretreatment unit in California later this year so that it can get pilot product Oistre thermoplastic polyurethane (TPU) customers faster.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
3487 Edison Way
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Not Recorded
Overview
At Novoloop, we're proud to be at the forefront of the biggest challenge of our time by creating impactful technology. We believe that sustainability should not be a luxury, and we're committed to help industries transition to a circular economy.
Management Team
Title
Name
Email & Social
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