Danimer Scientific is a biotechnology company that makes bioplastics used in disposable container coatings, packaging, and other products.
Danimer Scientific produces a new generation of patented, cost competitive biopolymers. They also offer research, development, and toll manufacturing services for bio-based materials to business partners. They are committed to closed-loop, renewable and sustainable practices, and to products designed to help curb petrochemical plastic pollution worldwide. Their plant and microbial sourced plastics are biodegradable, durable, and adaptable to a wide range of applications. Their toxin-free manufacturing practices are cost competitive. Their products are FDA approved for food contact, and certified to be aerobically and anaerobically biodegradable or compostable in soil, water, and industrial or home compost by ASTM, OWS, and Vinçotte.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 18, 2019 | Series Unknown | $6.50M | 1 | Advantage Capital | — | Detail |
Mar 18, 2019 | Debt Financing | — | 1 | Advantage Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Advantage Capital | Yes | Series Unknown |