Novoloop - About the company
Novoloop is a series B company based in Menlo Park (United States), founded in 2015 by Miranda Wang and Jeanny Yao. It operates as a Provider of sustainable and performance thermoplastics. Novoloop has raised $61.5M in funding from investors like SOSV, Mistletoe and Taranis, with a current valuation of $*****. The company has 16 active competitors, including 7 that are funded. Its top competitors include companies like GreenMantra Technologies, JB Ecotex and Healix.
Company Details
Provider of sustainable and performance thermoplastics. It utilises accelerated thermal-oxidative decomposition(ADOT) technology to convert packaging waste into polyester-based thermoplastic polyurethane. Its features include a low carbon footprint and sustainability. It has applications in apparel, consumer electronics, automotive, and additive manufacturing.
- Website
- www.novoloop.com/
- Social
- Email ID
- *****@novoloop.com
- Phone Number
- +1 **********
- Registered Address
- Menlo Park, California
Key Metrics
Founded Year
2015
Location
Menlo Park, United States
Stage
Series B
Total Funding
$61.5M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 12, 2023
Ranked
3rd among 16 active competitors
Employee Count
25 as on Mar 31, 2026
Similar Companies
Legal entities associated with Novoloop
Novoloop is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Biocellection Inc. CIN: 474986895 , United States, Active | Dec 26, 999 | - | 10 (As on Dec 31, 2020) | - |
Novoloop, Inc. Belgium, Active | Dec 31, 2014 | - | - | - |
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Novoloop's funding and investors
Novoloop has raised a total funding of $61.5M over 8 rounds. Its first funding round was on May 13, 2015. Its latest funding round was a Series B round on Jun 25, 2025 for $*****. 2 investors participated in its latest round. Novoloop has 17 institutional investors.
Here is the list of recent funding rounds of Novoloop:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 25, 2025 | 5548572 | Series B | 6994995 | 7354801 | 8442878 | 7035441 |
Dec 12, 2024 | 4745136 | Series B | 4344918 | 4698105 | 9407986 | 3551010 |
Jun 01, 2022 | 6023213 | Series A | 2333923 | 3041836 |
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Novoloop's founders and board of directors
Founder? Claim ProfileHere are the details of Novoloop's key team members:
- Miranda Wang: Co-Founder & CEO of Novoloop. Contact Info: 1 email address
- Jeanny Yao: Co-founder & COO of Novoloop.
Novoloop's Board of Directors
Novoloop's board has 2 active members. Jia Yun Yao and Yu Wen Wang are independent board members.Here is the list of Novoloop's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 10y 0m | |
povrfsd | Independent board member | - | Current | 5y 7m |
View details of Novoloop's Founder profiles and Board Members
Novoloop's employee count trend
Novoloop has 25 employees as of Mar 26. Here is Novoloop's employee count trend over the years:
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Novoloop's Competitors and alternates
Top competitors of Novoloop include GreenMantra Technologies, JB Ecotex and Healix. Here is the list of Top 10 competitors of Novoloop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GreenMantra Technologies 2010, Kitchener (Canada), Series A | Waste plastic to synthetic polymer additive manufacturing company | $26.8M | 61/100 | |
2nd | Manufacturer of recycled polyester staple fibre and B2B recycled PET resins | $7.58M | 58/100 | ||
3rd |  Novoloop 2015, Menlo Park (United States), Series B | Provider of sustainable and performance thermoplastics | $61.5M | 62/100 | |
4th | Healix 2020, Maastricht (Netherlands), Seed | Provider of solutions to convert plastic waste into the circular polymer | $11.8M | 37/100 | |
5th | Emirates Biotech 2023, Dubai (United Arab Emirates), Unfunded | Platform that works on developing biodegradable plastics,biopolymers etc | - | - | 35/100 |
6th | Mi Terro Global 2018, Los Angeles (United States), Seed | Manufacturer of biomaterials using agricultural waste | $1.5M | 35/100 | |
7th |  CuRe 2018, Emmen (Netherlands), Seed | Manufacturer of polyester products | - | 33/100 | |
8th | Developer of polymer modification solutions for asphalt and road construction | - | 31/100 | ||
9th | Developer of compostable biopolymers and recyclable building materials from plastic waste | - | 27/100 | ||
10th | Provider of a digital platform monitoring recycled polymer use in the plastics industry | - | - | 26/100 |
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Novoloop's Investments and acquisitions
Novoloop has made no investments or acquisitions yet.
Reports related to Novoloop
Here is the latest report on Novoloop's sector:
News related to Novoloop
Filter this listMedia has covered Novoloop for a total of 6 events in the last 1 year, 2 of them have been about partnerships.
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Novoloop partners with Shanghai Huide to scale post-consumer TPU productionChemengonline•Oct 24, 2025•Shanghai Huide Technology, Novoloop
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Novoloop Raises $21 Million Series B Funding Led by Taranis to Scale Circular Performance Materialsintelligence360•Jul 02, 2025•Novoloop, Valo Ventures, Taranis
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Novoloop Raises $21M in Taranis-Led Series B to Scale High-Performance Circular MaterialsBusiness Wire•Jul 02, 2025•Novoloop, Taranis
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Novoloop Raises $21 Million Series B Funding Led by TaranisBusiness Wire•Jun 25, 2025•Novoloop, Taranis
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Novoloop selects Worley for study of first-of-its-kind circular-plastics facility on U.S. Gulf CoastChemengonline•Mar 20, 2024•Worley, Novoloop
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Novoloop starts building pilot chemical recycling plant in IndiaSustainableplastics•Jan 22, 2024•Novoloop
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Aether Industries partners with Novoloop for sustainable plastic managementDevdiscourse•Jan 18, 2024•Aether, Novoloop
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Novoloop Partners with On to Introduce World’s First Chemically Upcycled TPU Outsole in CloudprimeBusiness Wire•Sep 22, 2022•Novoloop
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