About Novomer
Novomer is a Chemicals & Materials company based in Rochester (United States) founded in 2004 by Geoffrey William Coates, and was acquired by Danimer Scientific in July 2021. Provider of green plastics and polymers. Novomer has raised $45.6 million across 13 funding rounds from investors including dsm-firmenich, Flagship Pioneering and DOE. The company has 49 employees. Its focus areas include High Tech, Advanced Materials, Biomaterials and Biodegradable Polymers. Its legal entity is Novomer Inc. Its competitors include Newlight Technologies, Tidal Vision and Cemvita; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Rochester, United States
- Employees 49
- Founders Geoffrey William Coates
- Stage Acquired
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website novomer.com
- Social LinkedIn X
- Acquired by Danimer Scientific (Jul 2021)
- Legal Name Novomer Inc.
- Total Equity Funding$45.6M (USD)
in 13 rounds
- Latest Funding Round$15M (USD), Series C
Dec 2013
- Investorsdsm-firmenich
& 9 more
- Employee Count49
- Acquired byDanimer Scientific
(Jul 2021)
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.
- Total Funding $45.6M
- Total Rounds 13
- Last Round Series C — $15M
- First Round $500,000
(Sep 2006)
- Investors Count 9
Latest 10 of 13 funding rounds of Novomer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2013 | $15M | Series C | – | Aramco Ventures | |
| Oct 2011 | $10M | Series C | – | – | – |
| Jul 2010 | $18.4M | Grant | – | – | |
| Mar 2010 | $2.1M | Grant | – | – | – |
| Jan 2010 | $38.89M | Grant | – | – | |
| Sep 2009 | $200,000 | Grant | – | – | |
| Aug 2009 | $14M | Series B | – | OVP Venture Partners | |
| Aug 2009 | $200,000 | Grant | – | – | |
| Jul 2009 | $100,000 | Grant | – | – | |
| Jun 2009 | $100,000 | Grant | – | – |
10 investors in total: 10 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| physicventures.com | ||||
Early-stage startups are targeted for investment by Aramco Ventures. | aramcoventures.com | Dhahran, Saudi Arabia | ||
KensaGroup is engaged in commercializing academic intellectual property. | 2000 | kensagroup.com | Ithaca, United States | |
Life sciences-focused venture capital firm | 1999 | flagshippioneering.com | Cambridge, United States | |
Early-stage VC investments are focused primarily on US companies. | ovpevents.com | Seattle, United States | ||
Health, nutrition, and bioscience solutions are delivered worldwide. | 1902 | dsm.com | Heerlen, Netherlands | |
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | ||
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
PHA biopolymers are manufactured from renewable canola oil resources. | 2004 | danimerscientific.com | Bainbridge, United States |
Investor details for Novomer
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People of Novomer
8 people are tracked at Novomer (2 in leadership, 5 in board & advisors, 1 in team); the tracked headcount is 49.
| Name | Role | Group |
|---|---|---|
Geoffrey William Coates | Co-Founder | Leadership |
Utpal M Vakil | Director | Leadership |
William Rosenzweig | Director | Board & advisors |
Gerard H. Langeler | Director | Board & advisors |
Charles Kresge | Director | Board & advisors |
Jim Sledzik | Director | Board & advisors |
Harry Wilcox | Director | Board & advisors |
Hanh Vo | Lead Engineer | Team |
Complete people profiles for Novomer
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Timeline of Novomer
4 dated milestones of Novomer across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Novomer is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series C, of $15.0M.
- Exit Acquired by Danimer Scientific.
Competitors of Novomer
Novomer has 3 listed competitors in our database, 3 of them funded. They include Newlight Technologies, Tidal Vision and Cemvita.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| newlight.com | 2003 | Huntington Beach, United States | $220.21M | 149 | Provider of sustainable material using methane-based greenhouse gases | |
| tidalvision.com | 2014 | Bellingham, United States | $320.24M | 55 | Provider of natural biopolymer materials | |
| cemvita.com | 2017 | Houston, United States | $5M | 62 | Developer of biotechnology that transforms carbon waste into valuable resources |
Detailed competitors of Novomer
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Web traffic of Novomer
Websites that share an audience with Novomer (novomer.com).
Websites whose visitors overlap most with Novomer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| spc-net.com | 100% | 3K | #6,277,138 | View details | |
recyclingtodayglobal.com | recyclingtodayglobal.com | 64% | – | ||
| thegbi.org | 64% | 11.4K | #1,828,667 | View details | |
| cleanedge.com | 64% | #6,850,176 | View details | ||
nanmatinc.com | nanmatinc.com | 64% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Novomer
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Battery & Advanced Material Systems
3 companies that operate in the same segment as Novomer (Battery & Advanced Material Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 | |
Mycelium-based leather alternative fabrics are manufactured and provided. | 2009 | Emeryville, California, United States | USD 219.4 M | USD 1.37 M | 22 |
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Related news about Novomer
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. The company's 1st funding round was a Grant of $100K, raised on Sep 2006.
Novomer has 49 employees.
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 Newlight Technologies, Tidal Vision and Cemvita.
Novomer has 10 investors. Key investors include dsm-firmenich, Flagship Pioneering, DOE, Danimer Scientific, and Physic Ventures.
Novomer operates through Novomer Inc..
Yes. Novomer was acquired by Danimer Scientific in July 2021.