Novomer

Rochester, United States Founded: 2004 • Age: 22 yrs Acquired By Danimer Scientific
Provider of green plastics and polymers
Annual revenue - Latest available
Total funding $45.6M 13 rounds
Employees 49 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Novomer

Novomer is a company based in Rochester (United States) founded in 2004 by Geoffrey William Coates was acquired by Danimer Scientific in July 2021. Novomer has raised $45.6 million across 13 funding rounds from investors including dsm-firmenich, Flagship Pioneering and DOE. The company has 49 employees as of December 31, 2019. Novomer operates in a competitive market with competitors including Newlight Technologies, Tidal Vision, Calyxia, UBQ Materials and Lactips, among others.

  • Headquarter Rochester, United States
  • Employees 49 as on 31 Dec, 2019
  • Founders Geoffrey William Coates
  • Sectors
    Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Novomer Inc.
Operational Areas
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $45.6 M (USD)

    in 13 rounds

  • Latest Funding Round
    $15 M (USD), Series C

    Dec 10, 2013

  • Investors
  • Employee Count
    49

    as on Dec 31, 2019

  • Acquired by
    Danimer Scientific

    (Jul 28, 2021)

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People of Novomer

Headcount 10-50
Employee Profiles 2
Board Members and Advisors 5
Employee Profiles
People
Utpal M Vakil
Director
People
Hanh Vo
Lead Engineer

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Teams

Funding Insights of Novomer

Novomer has successfully raised a total of $45.6M across 13 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in December 2013. 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 Novomer

Novomer has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include dsm-firmenich, Flagship Pioneering and DOE.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Early-stage startups are targeted for investment by Aramco Ventures.
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KensaGroup is engaged in commercializing academic intellectual property.
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Investor details for Novomer

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Investments & Acquisitions by Novomer

Investments
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Investment portfolio details for Novomer

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  • Transaction dates
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Financial Statements - Novomer

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Detailed financials for Novomer

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Novomer Comparisons

Novomer Primary company
Description
Provider of green plastics and polymers
Location
Rochester, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
49
As of 2019
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Peer comparison for Novomer

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Competitors of Novomer

Novomer 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 Newlight Technologies, Tidal Vision, Calyxia, UBQ Materials and Lactips, among others.

Company Name Domain Founded year HQ Location Description
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Provider of sustainable material using methane-based greenhouse gases
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Provider of natural biopolymer materials
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Green chemicals are developed using microcapsule technology for sustainability.
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Composite materials are produced from unrecyclable municipal solid waste.
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Manufacturer of water soluble packaging solutions
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Detailed competitors of Novomer

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Latest news on Novomer

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Complete news archive for Novomer

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Frequently Asked Questions about Novomer

Novomer was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Novomer is headquartered in Rochester, United States.

Novomer is a funded company, having raised a total of $45.6M across 13 funding rounds to date.

As of Dec 31, 2019, the latest employee count at Novomer is 49.

Novomer was founded in 2004 and is based in Rochester, United States. Operations focus on the green chemicals sector, where proprietary catalyst technology is employed to convert pollutants such as CO2 and CO into sustainable polymers and chemicals. Products include polyols, surfactants, ceramic binders, and thermoplastics, supporting environmentally responsible manufacturing processes.

Novomer's top competitors include Origin Materials, Newlight Technologies and Tidal Vision.

Novomer has 10 investors. Key investors include dsm-firmenich, Flagship Pioneering, DOE, Danimer Scientific, and Physic Ventures.

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