£9.0M
The London-based biotechnology startup has secured £9m to build its largest demonstration facility for recycled nylon 6.6.
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The London-based biotechnology startup has secured £9m to build its largest demonstration facility for recycled nylon 6.6.
Extantia Capital led the oversubscribed round, which will fund the construction of the company's first plant.
"We’re proving that plastic waste isn’t just a problem to solve—it’s a valuable resource waiting to be unlocked. Using the molecular precision of enzymes at an industrial scale, we’re building the solution set to make all plastics recyclable and doing so at a competitive price. This is what real circularity looks like."