APK - About the company
APK is an acquired company based in Merseburg (Germany), founded in 2008 by Ingo Lindner and Bjoern Lindner. It operates as a Provider of plastic recycling solutions. APK has raised $139M in funding from investors like MIG Fonds, KIRKBI A/S and LyondellBasell. The company has 148 active competitors, including 37 funded and 11 that have exited. Its top competitors include companies like Srichakra, Dalmia Polypro Industries and Banyan Nation.
Company Details
- Website
- apk.group
- Email ID
- *****@apk-ag.de
- Phone Number
- +49 **********
Key Metrics
Founded Year
2008
Location
Merseburg, Germany
Stage
Acquired
Total Funding
$139M in 1 round
Latest Funding Round
Ranked
10th among 148 active competitors
Annual Revenue
€1M - €10M as on Dec 31, 2021
Employee Count
73 as on Dec 03, 2024
Exit Details
Acquired by LyondellBasell (Aug 22, 2024)
Legal entities associated with APK
APK is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Apk Ag CIN: HRB7318 , Germany, Active | Dec 31, 2007 | €1M - €10M (As on Dec 31, 2021) | - |
APK's acquisition details
APK got acquired by LyondellBasell on Aug 22, 2024.
Click here to take a look at APK's acquisition in detail
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APK's funding and investors
APK has raised a total funding of $139M over 1 round. Its latest funding round was a Series D round on Feb 08, 2023 for $*****. 3 investors participated in its latest round. APK has 4 institutional investors.
Here is the list of recent funding rounds of APK:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 08, 2023 | 1124396 | Series D | 4586437 | 9763647 | 9764806 | 1834205 |
View details of APK's funding rounds and investors
APK's founders and board of directors
Founder? Claim ProfileThe founders of APK are Ingo Lindner and Bjoern Lindner.
Here are the details of APK's key team members:
- Ingo Lindner: Co-Founder of APK.
- Bjoern Lindner: Co-Founder of APK.
View details of APK's Founder profiles and Board Members
APK's employee count trend
APK has 73 employees as of Dec 24. Here is APK's employee count trend over the years:
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APK's Competitors and alternates
Top competitors of APK include Srichakra, Dalmia Polypro Industries and Banyan Nation. Here is the list of Top 10 competitors of APK, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of plastic waste recycling, offering products, solutions, and equipment | $21.3M | 67/100 | ||
2nd | Dalmia Polypro Industries 2006, Mumbai (India), Series A | Provider of recycled plastic flakes and granules from post-consumer waste. It sources waste from various points in the supply chain, including waste pickers and municipalities. The company processes this waste to produce high-quality recycled PET and polyolefin products for use in various industries, including fashion, consumer packaging, and material handling. It also assists companies in meeting their extended producer responsibility (EPR) obligations. The process aims to maximize the value of collected plastic waste and promote a circular economy. | $10.8M | 62/100 | |
3rd | Banyan Nation 2013, Hyderabad (India), Series B | Provider of recycling services for transforming plastic waste into granules | $800K | 59/100 | |
4th | Samsara Eco 2021, Queanbeyan (Australia), Series A | Developer of enzymatic technology for infinite plastic recycling | $106M | 58/100 | |
5th | Epoch Biodesign 2019, London (United Kingdom), Series A | Developer of biorecycling platform for mixed plastics and textiles. It utilizes AI-designed enzymes to enable infinite recycling at low temperatures. The platform produces sustainable outputs usable in apparel, automotive, and packaging industries. The company's process addresses the challenging recycling of materials like nylon and polyester. Its approach combines AI, synthetic biology, materials science, and process engineering to create innovative solutions for waste management. | $41.3M | 56/100 | |
6th | Plastic processing technology developer | $30.5M | 55/100 | ||
7th | Loop Industries 2015, Terrebonne (Canada), Public | Producer of waste polyethylene terephthalate (PET) plastics and polyester fibers | - | 54/100 | |
8th | Karo Sambhav 2017, Gurugram (India), Seed | Provider of circular economy solutions for e-waste, plastic, and battery waste management | $6M | 53/100 | |
9th | Green Worms 2014, Kozhikode (India), Seed | Provider of sustainable waste management solutions and recycled plastic materials | $1.04M | 53/100 | |
10th | Provider of plastic recycling solutions | $139M | 52/100 |
Looking for more details on APK's competitors? Click here to see the top ones
APK's Investments and acquisitions
APK has made no investments or acquisitions yet.
Reports related to APK
Here is the latest report on APK's sector:
News related to APK
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LyondellBasell agrees to acquire full ownership of APK AGPackaging Gateway•Aug 23, 2024•LyondellBasell, APK, K&L Gates
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MIG Capital participates in €130 million financing round for plastic recycling specialist APKWebDisclosure•Feb 09, 2023•APK, MIG Capital, KIRKBI A/S, LyondellBasell and 1 other
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LyondellBasell, Lego family holding KIRKBI invest in APKSustainableplastics•Feb 09, 2023•APK, LyondellBasell, KIRKBI A/S
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LyondellBasell and KIRKBI invest in APK to develop recycling technologyCNW•Feb 08, 2023•LyondellBasell, KIRKBI A/S, APK, MIG Capital and 2 others
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