About Polycarbin
Polycarbin is a company based in Pittsburgh (United States) founded in 2019 by Noah J Pyles and James O'Brien. It operates as a Circular Economy, and Product-as-a-Service. Polycarbin has raised $64.94 million across 4 funding rounds from investors including Ringbolt Capital, VoLo Earth Ventures and Lighthouse Labs. Polycarbin offers products and services including Lab Recycling Service, Carbin Counter, and Lab Consumables. Polycarbin operates in a competitive market with competitors including Charter Next Generation, Agilyx, MBA Polymers, PureCycle and Protein Evolution, among others.
- Headquarter Pittsburgh, United States
- Founders Noah J Pyles, James O'Brien
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Sectors
Environment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$64.94 M (USD)
in 4 rounds
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Latest Funding Round
$4.22 M (USD), Series A
Jul 07, 2023
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Investors
Ringbolt Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of Polycarbin
Polycarbin offers a comprehensive portfolio of products and services, including Lab Recycling Service, Carbin Counter, and Lab Consumables. 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.
Lab plastics are recycled into new consumables sustainably.
Carbon emissions are tracked with real-time impact data.
Low-carbon lab consumables are offered for purchase.
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Funding Insights of Polycarbin
Polycarbin has successfully raised a total of $64.94M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.22 million completed in July 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $4.2M
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First Round
First Round
(06 Sep 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series A - Polycarbin | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - Polycarbin | Valuation | Ringbolt Capital , VoLo Earth Ventures |
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| Aug, 2020 | Amount | Grant - Polycarbin | Valuation |
investors |
| 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 Polycarbin
Polycarbin has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Ringbolt Capital, VoLo Earth Ventures and Lighthouse Labs. 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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Ringbolt Capital is engaged in venture capital investments for growth-focused companies.
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Founded Year | Domain | Location | |
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Early-stage funding and leadership are provided for climate tech companies.
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Founded Year | Domain | Location | |
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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 Polycarbin
| 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 - Polycarbin
| 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 |
Polycarbin Comparisons
Competitors of Polycarbin
Polycarbin 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 Charter Next Generation, Agilyx, MBA Polymers, PureCycle and Protein Evolution, 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 |
Coextruded, barrier, and monolayer films are manufactured for packaging applications.
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| domain | founded_year | HQ Location |
Plastic waste is processed and recycled into reusable materials.
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| domain | founded_year | HQ Location |
Recycled plastic materials are processed and supplied by MBA Polymers.
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| domain | founded_year | HQ Location |
Waste plastic recycling services are provided to support sustainability efforts.
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| domain | founded_year | HQ Location |
Plastic waste management services are provided by the company.
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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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Frequently Asked Questions about Polycarbin
When was Polycarbin founded?
Polycarbin was founded in 2019.
Where is Polycarbin located?
Polycarbin is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Polycarbin?
Noah J Pyles is the current CEO of Polycarbin. They have also founded this company.
Is Polycarbin a funded company?
Polycarbin is a funded company, having raised a total of $64.94M across 4 funding rounds to date. The company's 1st funding round was a Grant of $20K, raised on Sep 06, 2017.
What does Polycarbin do?
Polycarbin is engaged in providing sustainable lab recycling services to address plastic waste and carbon emissions in the scientific community. Single-use plastics are diverted from landfills and incinerators, being transformed into high-quality lab consumables. The Carbin Counter, an ISO-compliant sustainability dashboard, is offered to track the climate impact of recycled materials in real time. Solutions are designed to reduce dependence on fossil fuels by promoting a circular economy for scientific plastics. Operations span multiple locations across the USA, serving laboratories with evidence-based sustainability practices.
Who are the top competitors of Polycarbin?
Polycarbin's top competitors include Charter Next Generation, PureCycle and Protein Evolution.
What products or services does Polycarbin offer?
Polycarbin offers Lab Recycling Service, Carbin Counter, and Lab Consumables.
Who are Polycarbin's investors?
Polycarbin has 3 investors. Key investors include Ringbolt Capital, VoLo Earth Ventures, and Lighthouse Labs.
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