When was APK founded?

APK was founded in 2008 and raised its 1st funding round 15 years after it was founded.

Where is APK located?

APK is headquartered in Merseburg, Germany.

How many employees does APK have?

As of Dec 03, 2024, the latest employee count at APK is 73.

Is APK a funded company?

APK is a funded company, having raised a total of $***** in its 1st and only funding round, a Series D round on Feb 08, 2023.

When was the latest funding round of APK?

APK's latest funding was a $***** Series D round on Feb 08, 2023, with participation from 3 investors.

What is the annual revenue of APK?

Annual revenue of APK is between €1M and €10M as on Dec 31, 2021

Where does APK rank among its competitors?

APK ranks 9th amongst 79 active competitors, of which 16 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was JB Ecotex, which secured $2.73M in Sep, 2025.

Who are the top competitors of APK?

APK's top competitors include Srichakra, Dalmia Polypro Industries and Banyan Nation. Among them, JB Ecotex secured the most recent funding round in September, 2025.

APK - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Website: apk.group
Social
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

Series D, Feb 08, 2023, $*****

Investors

MIG Fonds & 3 more

Ranked

9^th among 79 active competitors

Annual Revenue

€1M - €10M as on Dec 31, 2021

Employee Count

73 as on Dec 03, 2024

Similar Companies

Srichakra & 86 more

Exit Details

Acquired by LyondellBasell (Aug 22, 2024)

View APK's full profile

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 got acquired by LyondellBasell on Aug 22, 2024.

Click here to take a look at APK's acquisition in detail

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	7162689	Series D	5525102	1399497	2044220	7443233

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View details of APK's funding rounds and investors

The 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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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:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Srichakra 2010, Hyderabad (India), Series A	Provider of plastic waste recycling, offering products, solutions, and equipment	$21.3M	Niveshaay, Circulate Capital & 60 others	66/100
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	Circulate Capital, Elcid Investments & 12 others	62/100
3rd	Banyan Nation 2013, Hyderabad (India), Series B	Provider of recycling services for transforming plastic waste into granules	$800K	CIIE, Artha & 6 others	59/100
4th	Karo Sambhav 2017, Gurugram (India), Unfunded	Provider of circular economy solutions for e-waste, plastic, and battery waste management	-	-	56/100
5th	Jeplan 2007, Chiyoda City (Japan), Series D	Plastic processing technology developer	$30.5M	Real Tech Holdings, Baillie Gifford & 22 others	55/100
6th	Loop Industries 2015, Terrebonne (Canada), Public	Producer of waste polyethylene terephthalate (PET) plastics and polyester fibers	-	DekaBank, Blue Sand Holdings & 3 others	53/100
7th	Vanden 2005, Lisburn (United Kingdom), Seed	Provider of plastic recycling services, connecting supply and demand worldwide	$1.01M	-	53/100
8th	JB Ecotex 2012, Surat (India), Seed	Manufacturer of recycled polyester staple fiber and food grade resins	$4.78M	Carnelian, Nandico & 40 others	51/100
9th	APK 2008, Merseburg (Germany), Acquired	Provider of plastic recycling solutions	$139M	LyondellBasell, Salvia & 2 others	50/100
10th	Fuenix 2013, Weert (Netherlands), Series A	Producer of raw materials from waste plastics	$4.52M	Brightlands Venture Partners, Sulzer & 3 others	48/100