About Radical Plastics
Radical Plastics is a company based in Beverly (United States) founded in 2018 by Yelena Kann and Kristin Taylor.. Radical Plastics has raised $3.83 million across 3 funding rounds from investors including Good Growth Capital, Hub Angels and Safar Partners. Radical Plastics offers products and services including Radical Compound and Soil Biodegradable Mulch Films. Radical Plastics operates in a competitive market with competitors including Samsara Eco, Matter., ReCircle, Recycling Technologies and EREMA, among others.
- Headquarter Beverly, United States
- Founders Yelena Kann, Kristin Taylor
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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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- Legal Name Radical Plastics, 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
$3.83 M (USD)
in 3 rounds
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Latest Funding Round
$750 K (USD), Series A
Dec 06, 2023
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Investors
Good Growth Capital
& 3 more
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Employee Count
Employee Count
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Products & Services of Radical Plastics
Radical Plastics offers a comprehensive portfolio of products and services, including Radical Compound and Soil Biodegradable Mulch Films. 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.
Additive that enables plastics to biodegrade naturally without residues.
Films that degrade in soil, reducing plastic waste in farming.
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Funding Insights of Radical Plastics
Radical Plastics has successfully raised a total of $3.83M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $750 thousand completed in December 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 3
- Last Round Series A — $750,000
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First Round
First Round
(19 Aug 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series A - Radical Plastics | Valuation |
investors |
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| Aug, 2020 | Amount | Series A - Radical Plastics | Valuation | Good Growth Capital | |
| Aug, 2019 | Amount | Seed - Radical Plastics | Valuation |
investors |
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| 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 Radical Plastics
Radical Plastics has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Good Growth Capital, Hub Angels and Safar Partners. 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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Early-stage investments are made in life sciences and technologies.
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Founded Year | Domain | Location | |
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Angel Network for companies based in Boston
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Founded Year | Domain | Location | |
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Safar Partners is engaged in investing in technology startups.
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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 Radical Plastics
| 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 - Radical Plastics
| 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 |
Radical Plastics Comparisons
Competitors of Radical Plastics
Radical Plastics 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 Samsara Eco, Matter., ReCircle, Recycling Technologies and EREMA, 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 |
Enzymatic technology is developed for infinite plastic recycling.
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| domain | founded_year | HQ Location |
Microplastic filtration technology is developed for textile and wastewater sectors.
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| domain | founded_year | HQ Location |
Provider of waste management and recycling solutions for businesses and individuals
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| domain | founded_year | HQ Location |
Provider of solutions for plastic recycling
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| domain | founded_year | HQ Location |
Plastic recycling machines are developed and manufactured for thermoplastics.
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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 Radical Plastics
When was Radical Plastics founded?
Radical Plastics was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Radical Plastics located?
Radical Plastics is headquartered in Beverly, United States. It is registered at Beverly, Massachusetts, United States.
Who is the current CEO of Radical Plastics?
Kristin Taylor is the current CEO of Radical Plastics. They have also founded this company.
Is Radical Plastics a funded company?
Radical Plastics is a funded company, having raised a total of $3.83M across 3 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Aug 19, 2019.
What does Radical Plastics do?
Radical Plastics was founded in 2018 in Beverly, United States, as a provider of technology solutions in the plastic recycling sector. A patent-pending process is employed to blend additives with conventional plastics, creating biodegradable compounds. This occurs in two phases: polymers are first broken down into smaller molecules, followed by metabolization by microorganisms. Operations focus on environmental degradation of plastics, with co-founders Yelena Kann and Kristin Taylor leading as CEO.
Who are the top competitors of Radical Plastics?
Radical Plastics's top competitors include Samsara Eco, Matter. and Recycling Technologies.
What products or services does Radical Plastics offer?
Radical Plastics offers Radical Compound and Soil Biodegradable Mulch Films.
Who are Radical Plastics's investors?
Radical Plastics has 4 investors. Key investors include Good Growth Capital, Hub Angels, Safar Partners, and Vector Advisors.