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BluePallet raises $5M to take its chemical industry marketplace global

TechCrunch

BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . and Bruce Schechinger, former chairman of the National Association of Chemical Distributors. .

Chemicals 240
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Forsaking funding at a $1 billion valuation, Solugen preps a new green chemical product and a big 2021

TechCrunch

Late last year, Solugen , a startup using synthetic biology to take hydrocarbons out of the chemicals industry, decided against pursuing a new round of funding that would have valued the company at over $1 billion, TechCrunch has learned. Chemicals are everywhere and they’re a huge business.

Chemicals 230
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Flite Material Sciences uses lasers, not chemical coatings, to keep ice and rust off surfaces

TechCrunch

The startup spent the first year learning about the technology, researching the IP and understanding product market fit. ” Early research that tried to create these textures focused on a combination of gases and chemicals. It also went through several accelerator programs, including TechStars and Centech in Montreal.

Chemicals 240
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Novoloop says it’s worked out how to upcycle plastic waste, raises $11M Series A

TechCrunch

Upcycling polyethylene (the normal ubiquitous plastic we are all familiar with) into high-value plastics that can compete with “virgin” plastic (meaning plastics made directly from petro-chemicals) is a fiendish problem to solve. Novoloop is setting out to transform plastic waste into high-performance chemicals and materials.

Chemicals 222
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UniSieve’s filters use special crystals to reduce industrial emissions

TechCrunch

The energy-intensive process of separating and purifying chemicals and gases is a big reason why industries like plastic manufacturing cause so much pollution. UniSieve is already making revenue and currently has over 24 clients, including chemical and energy companies. Today the Zurich-based startup announced it has raised $5.5

Industry 202
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Plastic upcycling startup Novoloop raises $10M Series A extension to accelerate commercialization

TechCrunch

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. Novoloop’s mission is to create a circular economy by transforming low-value plastic waste into high-quality chemicals and materials, Wang added.

Chemicals 249
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Oxyle’s tech uses water movement to remove pollutants

TechCrunch

The Zurich-based startup announced today $3 million in pre-seed funding that it will use to bring its tech to market. The startup’s customers include companies in the pesticide, chemical, textile pigments, electronics and pharmaceutical sectors that are regulated by strict discharge limits. million since it was founded in 2020.

Chemicals 207