Pyrowave - About the company
Pyrowave is a series B company based in Montreal (Canada), founded in 2013 by Jean-Philippe Laviolette, Jamal Chaouki and Jocelyn Doucet. It operates as a Microwave based plastic to oil conversion. Pyrowave has raised $1.04M in funding from investors like Fonds de solidarite FTQ, Michelin and Sofinnova Partners. The company has 4 active competitors, including 3 that are funded. Its top competitors are Ioniqa, Greenback and Microwave Solutions.
Company Details
Pyrowave is a Canada-based company focused on plastic waste management. The company develops oil from plastic waste. The company uses its patented Catalytic Microwave Depolymerization (CMD) technology which uses microwaves to perform fast depolymerization of mixed plastics.
- Website
- www.pyrowave.com/
- Email ID
- *****@pyrowave.com
- Registered Address
- 101-2275 UPPER MIDDLE ROAD EAST, OAKVILLE
Key Metrics
Founded Year
2013
Location
Montreal, Canada
Stage
Series B
Total Funding
$1.04M in 7 rounds
Latest Funding Round
Investors
Ranked
3rd among 4 active competitors
Employee Count
1 as on Sep 30, 2026
Legal entities associated with Pyrowave
Pyrowave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Pyrowave Inc. CIN: 891542-3 , Canada, Active | Aug 31, 2014 | - | - | - |
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Pyrowave's funding and investors
Pyrowave has raised a total funding of $1.04M over 7 rounds. Its first funding round was on Oct 21, 2014. Its latest funding round was a Conventional Debt round on Nov 19, 2021 for $*****. 1 investor participated in its latest round. Pyrowave has 16 institutional investors.
Here is the list of recent funding rounds of Pyrowave:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 19, 2021 | 9813581 | Conventional Debt | 7752142 | 1854759 | 6301264 | 4896906 |
May 21, 2021 | 8035326 | Series B | 5367669 | 3938274 | 7304540 | 6178846 |
Apr 27, 2020 | 3406841 | Series B | 6199536 | 4328651 |
View details of Pyrowave's funding rounds and investors
Pyrowave's founders and board of directors
Founder? Claim ProfileThe founders of Pyrowave are Jean-Philippe Laviolette, Jamal Chaouki and Jocelyn Doucet. Jocelyn Doucet is the CEO of Pyrowave.
Here are the details of Pyrowave's key team members:
- Jean-Philippe Laviolette: Co-Founder & CTO of Pyrowave.
- Jamal Chaouki: Co-Founder of Pyrowave.
- Jocelyn Doucet: Founder and CEO of Pyrowave.
Pyrowave's Board of Directors
Pyrowave's board has 5 active members. Fabien Gaboriaud, Johanne Sévigny, Jocelyn Doucet, Josko Bobanovic and Nancy Simoneau are independent board members.Here is the list of Pyrowave's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 2m | |
mzitxkb | Independent board member | - | Current | 1y 7m |
yuzfqo{ | Independent board member | - | Current | 2y 1m |
mnbspmv | Independent board member | - | Current | 3y 1m |
gxprcqw | Independent board member | - | Current | 6y 9m |
View details of Pyrowave's Founder profiles and Board Members
Pyrowave's employee count trend
Pyrowave has 1 employees as of Sep 26. Here is Pyrowave's employee count trend over the years:
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Pyrowave's Competitors and alternates
Top competitors of Pyrowave include Ioniqa, Greenback and Microwave Solutions. Here is the list of Top 10 competitors of Pyrowave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ioniqa 2009, Eindhoven (Netherlands), Series B | Developer of technology that upcycles all types and colors of PET | $15.3M | 40/100 | |
2nd | Greenback 2018, London (United Kingdom), Series A | Provider of an AI recognition-based plastic recycling solution | - | 39/100 | |
3rd | Microwave based plastic to oil conversion | $1.04M | 38/100 | ||
4th | Microwave Solutions 1984, National City (United States), Unfunded | Manufacturer of modular microwave technology systems for chemical material processing | - | - | 19/100 |
Looking for more details on Pyrowave's competitors? Click here to see the top ones
Pyrowave's Investments and acquisitions
Pyrowave has made no investments or acquisitions yet.
Reports related to Pyrowave
Here is the latest report on Pyrowave's sector:
News related to Pyrowave
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First Finished Products Made With Recycled Styrene Generated Through Pyrowave TechnologyCNW•Sep 13, 2023•Pyrowave
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Michelin and Pyrowave join forces to industrialize an innovative plastic waste recycling technologyWebwire•Nov 18, 2020•Michelin, Pyrowave
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Michelin invests in Canadian styrene recyclerEuropean Rubber Journal•May 04, 2020•Michelin, Pyrowave, Sofinnova Partners, Ecofuel Accelerator and 3 others
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SCS plans to push Pyrowave polystyrene processhttp://plasticsinpackaging.com•Jan 29, 2020•Styrenics Circular Solutions, Pyrowave
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ReVital Polymers, Pyrowave and Ineos partner to launch PS recycling consortiumCanadian Plastics•Oct 19, 2018•ReVital Polymers, Pyrowave, Ineos
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