DePoly - About the company
DePoly is a seed company based in Sion (Switzerland), founded in 2020 by Samantha Anderson and Christopher Ireland. It operates as a Developer of technology to recycle unsorted PET waste into virgin-grade raw materials. DePoly has raised $36.8M in funding from investors like BASF, MassMutual Ventures and Founderful. The company has 17 active competitors, including 10 that are funded. Its top competitors include companies like BlueAlp, Itero and CellX Biosolutions.
Company Details
Developer of technology to recycle unsorted PET waste into virgin-grade raw materials. The technology recycles unsorted, dirty PET waste into virgin-grade raw materials. These PET precursors, PTA and MEG, are used by the industry to produce new plastics without the need for fossil fuels, while diverting valuable materials from landfills and incineration. The company provides waste and recycled product solutions across the PET supply chain.
- Website
- www.depoly.co/
- Social
- Email ID
- *****@depoly.co, *****@depoly.co, *****@depoly.co
- Registered Address
- Rue de l'Industrie 23, 1950 Sion, CH
Key Metrics
Founded Year
2020
Location
Sion, Switzerland
Stage
Seed
Total Funding
$36.8M in 2 rounds
Latest Funding Round
Ranked
1st among 17 active competitors
Employee Count
35 as on Sep 30, 2026
Legal entities associated with DePoly
DePoly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
DePoly SA CIN: 1425452 , Switzerland, Active | May 21, 2024 | - | - | - |
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DePoly's funding and investors
DePoly has raised a total funding of $36.8M over 2 rounds. Its first funding round was on Jun 27, 2023. Its latest funding round was a Seed round on Apr 29, 2025 for $*****. 8 investors participated in its latest round. DePoly has 14 institutional investors.
Here is the list of recent funding rounds of DePoly:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 29, 2025 | 9218875 | Seed | 6728612 | 2144964 | 9005907 | 1015095 |
Jun 27, 2023 | 5925413 | Seed | 3349042 | 2095955 |
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DePoly's founders and board of directors
Founder? Claim ProfileThe founders of DePoly are Samantha Anderson and Christopher Ireland. Samantha Anderson is the CEO of DePoly.
Here are the details of DePoly's key team members:
- Samantha Anderson: Co-Founder & CEO of DePoly. Contact Info: 1 email address
- Christopher Ireland: Co-Founder & CSO of DePoly. Contact Info: 1 email address
View details of DePoly's Founder profiles and Board Members
DePoly's employee count trend
DePoly has 35 employees as of Sep 26. Here is DePoly's employee count trend over the years:
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DePoly's Competitors and alternates
Top competitors of DePoly include BlueAlp, Itero and CellX Biosolutions. Here is the list of Top 10 competitors of DePoly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  DePoly 2020, Sion (Switzerland), Seed | Developer of technology to recycle unsorted PET waste into virgin-grade raw materials | $36.8M | 55/100 | |
2nd |  BlueAlp 2014, Eindhoven (Netherlands), Series A | Manufacturer of product oil | - | 44/100 | |
3rd |  Itero 2010, London (United Kingdom), Series A | Provider of solutions to convert plastic waste into petrochemical | $11.5M | 43/100 | |
4th | CellX Biosolutions 2024, Zurich (Switzerland), Seed | Sustainable treatment of chemical waste | $1.89M | 42/100 | |
5th | Manufacturer of recycled polyester chips and filament yarn | - | - | 34/100 | |
6th | Plastogaz 2019, Switzerland, Seed | Provider of technology to convert plastic waste into chemicals | - | 34/100 | |
7th |  Poseidon Plastics 2018, Redcar (United Kingdom), Seed | Developer of chemical recycling technology for PET plastic waste | $3.52M | 34/100 | |
8th |  Ecoin Energy 2015, Daejeon (South Korea), Seed | Technology for recycling waste plastic | $1.66M | 31/100 | |
9th | Radical Dot 2024, Munich (Germany), Seed | Technology solution for plastic recycling | $2.84M | 29/100 | |
10th |  Lewi Software 2020, Ipswich (Australia), Seed | Software for chemical based wastewater management | $200K | 28/100 |
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DePoly's Investments and acquisitions
DePoly has made no investments or acquisitions yet.
Reports related to DePoly
Here is the latest report on DePoly's sector:
News related to DePoly
Filter this listMedia has covered DePoly for a total of 4 events in the last 1 year, 2 of them have been about company updates.
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Hera Acquires Polish Recycler; DePoly Inaugurates Pilot PlantPlasticsandrubberasia•Aug 01, 2026•Hera, DePoly
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Four Swiss Start-Ups Secure a Spot in EIC Accelerator FinancingStartupticker•Feb 26, 2026•Neutrality, DePoly, Verity, Pregnolia
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DePoly Plans Plant for Advanced Recycling of PETMay 05, 2025•DePoly
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DePoly Funding News- Swiss-based Cleantech DePoly Raises $23M In Seed RoundStartup Rise EU•Apr 29, 2025•DePoly, MassMutual Ventures, BASF, Zurcher Kantonalbank
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DePoly and PTI collaborate to create closed loop recycled PET bottlePlastic Technologies•Jan 22, 2025•DePoly, Plastic Technologies
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Infinity Recycling's leading impact fund closes above target, circularity in plastics one step closerPR Newswire•May 14, 2024•Infinity Recycling, Pryme, Itero, Clariter and 7 others
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