When was Polykar founded?

Polykar was founded in 1987 and raised its 1st funding round 38 years after it was founded.

Where is Polykar located?

Polykar is headquartered in Saint laurent, Canada.

How many employees does Polykar have?

As of May 31, 2026, the latest employee count at Polykar is 69.

Is Polykar a funded company?

Polykar is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Aug 06, 2025.

When was the latest funding round of Polykar?

Polykar's latest funding was a $***** PE round on Aug 06, 2025, with participation from 1 investor.

Where does Polykar rank among its competitors?

Polykar ranks 10th amongst 76 active competitors, of which 14 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Polykar, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of Polykar?

Polykar's top competitors include Srichakra, Banyan Nation and Vanden. Among them, Polykar secured the most recent funding round in August, 2025.

Polykar - 2026 Company Profile, Team, Funding & Competitors

Polykar is a late stage company based in Saint laurent (Canada), founded in 1987 by Elyse Damdjee. It operates as a Manufacturer of plastic products from recycled plastics. Polykar has raised an undisclosed amount in funding. The company has 76 active competitors, including 14 funded and 9 that have exited. Its top competitors include companies like Srichakra, Banyan Nation and Vanden.

Company Details

Polykar is a manufacturer of plastic products from recycled plastics. It collects different plastic materials and recycles them to manufacture different products such as scented garbage bags, degradable garbage bags, food packaging plastics, polyethylene films, and much more.

Website: www.polykar.com/en/home
Social
Email ID: *****@polykar.com.
Phone Number: +1 **********

Key Metrics

Founded Year

1987

Location

Saint laurent, Canada

Stage

Late Stage

Latest Funding Round

PE, Aug 06, 2025, $*****

Investors

MontClerc Capital

Ranked

10^th among 76 active competitors

Employee Count

69 as on May 31, 2026

Similar Companies

Srichakra & 83 more

View Polykar's full profile

Polykar has raised funding over 1 round. Its latest funding round was a PE round on Aug 06, 2025 for $*****. 1 investor participated in its latest round. Polykar has 1 institutional investor.

Here is the list of recent funding rounds of Polykar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 06, 2025	3330048	PE	9365802	6499126	3904235	1811212

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View details of Polykar's funding rounds and investors

The founders of Polykar is Elyse Damdjee. Amir Karim is the CEO of Polykar.

Here are the details of Polykar's key team members:

Elyse Damdjee: Co-Founder of Polykar.

View details of Polykar's Founder profiles and Board Members

Polykar's employee count trend

Polykar has 69 employees as of May 26. Here is Polykar's employee count trend over the years:

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Top competitors of Polykar include Srichakra, Banyan Nation and Vanden. Here is the list of Top 10 competitors of Polykar, 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	Banyan Nation 2013, Hyderabad (India), Series B	Provider of recycling services for transforming plastic waste into granules	$800K	CIIE, Artha & 6 others	59/100
3rd	Vanden 2005, Lisburn (United Kingdom), Seed	Provider of plastic recycling services, connecting supply and demand worldwide	$1.01M	-	57/100
4th	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	56/100
5th	Loop Industries 2015, Terrebonne (Canada), Public	Producer of waste polyethylene terephthalate (PET) plastics and polyester fibers	-	DekaBank, Blue Sand Holdings & 3 others	56/100
6th	Jeplan 2007, Chiyoda City (Japan), Series D	Plastic processing technology developer	$30.5M	Real Tech Holdings, Baillie Gifford & 22 others	54/100
7th	Fuenix 2013, Weert (Netherlands), Series A	Producer of raw materials from waste plastics	$4.52M	Brightlands Venture Partners, Sulzer & 3 others	50/100
8th	Karo Sambhav 2017, Gurugram (India), Unfunded	Provider of circular economy solutions for e-waste, plastic, and battery waste management	-	-	50/100
9th	APK 2008, Merseburg (Germany), Acquired	Provider of plastic recycling solutions	$139M	KIRKBI A/S, MIG Fonds & 2 others	49/100
10th	Polykar 1987, Saint laurent (Canada), Late Stage	Manufacturer of plastic products from recycled plastics	-	MontClerc Capital	46/100