About Novoloop
Novoloop is a company based in Menlo Park (United States) founded in 2015 by Jeanny Yao and Miranda Wang.. Novoloop has raised $61.47 million across 8 funding rounds from investors including S CAP, Bemis and Hanwha Solutions. The company has 10 employees as of December 31, 2020. Novoloop offers products and services including Lifecycled TPU and Recycled+ TPU. Novoloop operates in a competitive market with competitors including GreenMantra Technologies, Ioniqa, Healix, Mi Terro Global and EcoPals, among others.
- Headquarter Menlo Park, United States
- Employees 10 as on 31 Dec, 2020
- Founders Jeanny Yao, Miranda Wang
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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 Biocellection Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$61.47 M (USD)
in 8 rounds
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Latest Funding Round
$21 M (USD), Series B
Jun 25, 2025
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Investors
S CAP
& 10 more
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Employee Count
10
as on Dec 31, 2020
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Products & Services of Novoloop
Novoloop offers a comprehensive portfolio of products and services, including Lifecycled TPU and Recycled+ TPU. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transforms plastic waste into high-quality TPU for manufacturing applications.
Improves recycled TPU performance to rival virgin materials in products.
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Leadership Team
2 people
Senior Team
2 people
Product Management Team
1 people
Co Team
1 people
Sales and Marketing
1 people
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Funding Insights of Novoloop
Novoloop has successfully raised a total of $61.47M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $21 million completed in June 2025. 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series B — $21.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - Novoloop | Valuation | Taranis | |
| Dec, 2024 | Amount | Series B - Novoloop | Valuation |
investors |
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| Jun, 2022 | Amount | Series A - Novoloop | Valuation | Hanwha Solutions , Mistletoe |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Novoloop
Novoloop has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include S CAP, Bemis and Hanwha Solutions. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital funding is offered by Valo Ventures.
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Founded Year | Domain | Location | |
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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Novoloop
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Novoloop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novoloop Comparisons
Competitors of Novoloop
Novoloop 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 GreenMantra Technologies, Ioniqa, Healix, Mi Terro Global and EcoPals, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Waste plastics are recycled into synthetic polymer additives and waxes.
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| domain | founded_year | HQ Location |
Provides PET plastic upcycling technology
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| domain | founded_year | HQ Location |
Solutions are provided to convert plastic waste into circular polymers.
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| domain | founded_year | HQ Location |
Biomaterials from agricultural waste are manufactured for sustainable goods.
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| domain | founded_year | HQ Location |
Polymer modifications for asphalt are developed using recycled plastic materials.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Novoloop
Frequently Asked Questions about Novoloop
When was Novoloop founded?
Novoloop was founded in 2015.
Where is Novoloop located?
Novoloop is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Who is the current CEO of Novoloop?
Miranda Wang is the current CEO of Novoloop. They have also founded this company.
Is Novoloop a funded company?
Novoloop is a funded company, having raised a total of $61.47M across 8 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on May 13, 2015.
How many employees does Novoloop have?
As of Dec 31, 2020, the latest employee count at Novoloop is 10.
What does Novoloop do?
Provider of sustainable and performance thermoplastics. It utilises accelerated thermal-oxidative decomposition(ADOT) technology to convert packaging waste into polyester-based thermoplastic polyurethane. Its features include a low carbon footprint and sustainability. It has applications in apparel, consumer electronics, automotive, and additive manufacturing.
Who are the top competitors of Novoloop?
Novoloop's top competitors include GreenMantra Technologies, Ioniqa and Healix.
What products or services does Novoloop offer?
Novoloop offers Lifecycled TPU and Recycled+ TPU.
Who are Novoloop's investors?
Novoloop has 11 investors. Key investors include S CAP, Bemis, Hanwha Solutions, Valo Ventures, and SOSV.