About APK
APK is a company based in Merseburg (Germany) founded in 2008 was acquired by LyondellBasell in August 2024. APK has raised $139.5 million across 1 funding round from investors including LyondellBasell, KIRKBI and MIG Fonds. APK operates in a competitive market with competitors including Banyan Nation, Dalmia Polypro Industries, Jeplan, Srichakra Polyplast and Loop Industries, among others.
- Headquarter Merseburg, Germany
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Apk Ag
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Annual Revenue
$6.95 M (USD)151as on Dec 31, 2021
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Net Profit
-$20.15 M (USD)-26as on Dec 31, 2021
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EBITDA
-$25.5 M (USD)-35as on Dec 31, 2021
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Total Equity Funding
$139.5 M (USD)
in 1 rounds
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Latest Funding Round
$139.5 M (USD), Series D
Feb 08, 2023
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Investors
LyondellBasell
& 2 more
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Employee Count
Not available
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Acquired by
LyondellBasell
(Aug 22, 2024)
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Funding Insights of APK
APK has successfully raised a total of $139.5M through 1 strategic funding round. The most recent funding activity was a Series D round of $139.5 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in APK
APK has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include LyondellBasell, KIRKBI and MIG Fonds.
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KIRKBI is engaged in building a better future for children.
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Venture capital investments in technology companies are managed by MIG Fonds.
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Ethylene, polypropylene, and specialty chemicals are manufactured globally.
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Investor details for APK
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Investments & Acquisitions by APK
Investment portfolio details for APK
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Financial Statements - APK
Detailed financials for APK
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Apk Comparisons
Peer comparison for APK
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Competitors of APK
APK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Banyan Nation, Dalmia Polypro Industries, Jeplan, Srichakra Polyplast and Loop Industries, among others.
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Post-consumer and industrial plastics are recycled into comparable granules.
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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.
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Waste plastic is processed into recyclable materials via advanced technology.
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End-to-end plastic recycling and waste management solutions are provided.
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Producer of waste polyethylene terephthalate (PET) plastics and polyester fibers
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Detailed competitors of APK
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Latest news on Apk
Complete news archive for APK
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Frequently Asked Questions about APK
APK was founded in 2008 and raised its 1st funding round 15 years after it was founded.
APK is headquartered in Merseburg, Germany. It is registered at Merseburg, Saxony-anhalt, Germany.
APK is a funded company, having raised a total of $139.5M across 1 funding round to date.
Annual revenue of APK is $6.95M as on Dec 31, 2021.
APK was founded in 2008 and is based in Merseburg, Germany. Plastic recycling solutions are offered by the company within the environmental services sector. Operations involve the processing of plastic waste into reusable materials, with services focused on industrial recycling applications. Activities are conducted primarily in Germany, supporting efforts in resource recovery and circular economy principles. The domain apk.group is utilized for online presence.
APK's top competitors include Plastic Energy, Srichakra Polyplast and Banyan Nation.
APK has 3 investors. Key investors include LyondellBasell, KIRKBI, and MIG Fonds.