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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.
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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
Ranked
Employee Count
1 as on Sep 30, 2026
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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:lockFilter this list
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
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Pyrowave's founders and board of directors

Founder? Claim Profile
The 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:

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
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Independent board member
-
Current
2y 1m
mnbspmv
Independent board member
-
Current
3y 1m
gxprcqw
Independent board member
-
Current
6y 9m

Pyrowave's employee count trend

Pyrowave has 1 employees as of Sep 26. Here is Pyrowave's employee count trend over the years:
Employee count trend for Pyrowave
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ioniqa
Ioniqa
2009, Eindhoven (Netherlands), Series B
Developer of technology that upcycles all types and colors of PET
$15.3M
40/100
2nd
Logo for Greenback
Greenback
2018, London (United Kingdom), Series A
Provider of an AI recognition-based plastic recycling solution
-
39/100
3rd
Logo for Pyrowave
Pyrowave
2013, Montreal (Canada), Series B
Microwave based plastic to oil conversion
$1.04M
38/100
4th
Logo for Microwave Solutions
Microwave Solutions
1984, National City (United States), Unfunded
Manufacturer of modular microwave technology systems for chemical material processing
-
-
19/100
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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

lockFilter this list
•
Pyrowave Introduces Nanopurification TechnologyChemeurope•Oct 09, 2023•Pyrowave
•
•
Michelin invests in Canadian styrene recyclerEuropean Rubber Journal•May 04, 2020•Michelin, Pyrowave, Sofinnova Partners, Ecofuel Accelerator and 3 others
•
SCS plans to push Pyrowave polystyrene processhttp://plasticsinpackaging.com•Jan 29, 2020•Styrenics Circular Solutions, Pyrowave
•
BASF Canada awards Pyrowave in startup challengeRecyclingtoday•May 06, 2019•Pyrowave
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