Loop Industries

Terrebonne, Canada Founded: 2015 • Age: 11 yrs
Producer of waste polyethylene terephthalate (PET) plastics and polyester fibers
Annual revenue $10.9M Latest available
Total funding - 8 rounds
Employees 49 Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Loop Industries

Loop Industries is a company based in Terrebonne (Canada) founded in 2015 by Daniel Solomita. The company has 49 employees as of February 28, 2024. Loop Industries offers products and services including Infinite Loop Technology. Loop Industries operates in a competitive market with competitors including APK, Banyan Nation, Dalmia Polypro Industries, Jeplan and Srichakra Polyplast, among others.

  • Headquarter Terrebonne, Canada
  • Employees 49 as on 28 Feb, 2024
  • Founders Daniel Solomita
  • Stage Public
  • Sectors
    Environment
  • Email
    Locked
  • Phone
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  • Website
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  • Social
    Locked
  • Legal Name Loop Industries, Inc.
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.89 M (USD)
    7016.99
    as on Feb 28, 2025
  • Net Profit
    -$15.06 M (USD)
    28.6
    as on Feb 28, 2025
  • EBITDA
    -$5.2 M (USD)
    75.47
    as on Feb 28, 2025
  • Latest Funding Round
    $2.11 M (USD), Post-IPO

    Jun 03, 2026

  • Investors
  • Employee Count
    49

    as on Feb 28, 2024

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IPO & Listings of Loop Industries

Loop Industries is a publicly listed company on the NASDAQ with ticker symbol LOOP in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: LOOP · Sector: Process industries · USA

Products & Services of Loop Industries

Loop Industries offers a comprehensive portfolio of products and services, including Infinite Loop Technology.

Product name locked
Category locked
Primary

Transforms waste PET into virgin-quality resin for reuse

People of Loop Industries

Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Daniel Solomita
Founder & Chief Executive Officer
People
Sophie Nguyen
Lead Scientist, feedstock characterization
People
Andrea Kostiuk
Vice President Marketing and Communications
People
Giovanni Catino
Chief Revenue Officer

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Funding Insights of Loop Industries

Investors in Loop Industries

Loop Industries has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Reedsocietegeneralegroup, Skglobalchemical and National Research Council Canada.

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Institutional
Investor Description Founded Year Domain Location
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Investor details for Loop Industries

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Investments & Acquisitions by Loop Industries

Investments
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Investment portfolio details for Loop Industries

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Financial Statements - Loop Industries

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Detailed financials for Loop Industries

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Loop Industries Comparisons

Loop Industries Primary company
Description
Producer of waste polyethylene terephthalate (PET) plastics ...
Location
Terrebonne, Canada
Founded Year
2015
Annual Revenue
$10.89 M (USD)
Net Profit
-$15.06 M (USD)
EBITDA
-$5.2 M (USD)
Employees
49
As of 2024
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Peer comparison for Loop Industries

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Competitors of Loop Industries

Loop Industries 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 APK, Banyan Nation, Dalmia Polypro Industries, Jeplan and Srichakra Polyplast, among others.

Company Name Domain Founded year HQ Location Description
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Provider of plastic recycling solutions
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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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Detailed competitors of Loop Industries

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Latest news on Loop Industries

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Complete news archive for Loop Industries

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Frequently Asked Questions about Loop Industries

Loop Industries was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Loop Industries is headquartered in Terrebonne, Canada. It is registered at Terrebonne, Quebec, Canada.

Daniel Solomita is the current CEO of Loop Industries. They have also founded this company.

As of Feb 28, 2024, the latest employee count at Loop Industries is 49.

Annual revenue of Loop Industries is $10.89M as on Feb 28, 2025.

Loop Industries was founded in 2015 in Terrebonne, Canada. Operations focus on recycling waste polyethylene terephthalate (PET) plastics, including water bottles, colored and opaque containers, polyester fibers, and thermoforms, into purified terephthalic acid (PTA) and mono ethylene glycol (MEG). Services are provided to sectors such as plastic manufacturing, waste management, and consumer goods packaging. The companys technology supports sustainable material production for industrial applications.

Loop Industries's top competitors include APK, Plastic Energy and Srichakra Polyplast.

Loop Industries offers Infinite Loop Technology.

Yes, Loop Industries is publicly traded on NASDAQ under the ticker symbol LOOP.

Loop Industries has 3 investors. Key investors include Reedsocietegeneralegroup, Skglobalchemical, and National Research Council Canada.

The ticker symbol of Loop Industries is LOOP on NASDAQ.

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