DePoly raises €20.7M Seed round

29 April 2025· Sion, Switzerland· materials, recycling, chemical_processing, b2b, deep_tech, cleantech, circular_economy

To launch a 500-tonne-per-year plant in Monthey, Switzerland, set to open in summer 2025, accelerate expansion and development efforts, scale the technology, broaden market reach, and deepen research and development initiatives. The company is also planning to build a commercial plant in 2027.

Investors

LeadMassMutual Ventures
Also participating
Zürcher KantonalbankFounderfulBASF Venture CapitalAngel InvestACE & CompanyBeiersdorf Venture CapitalSyensqo

About DePoly

Stage
Seed
Headquarters
Sion, Switzerland
Founded
2020
Team Size
21–50
Sectors
materialsrecyclingchemical_processingb2bdeep_techcleantechcircular_economy

Source: https://tech.eu/2025/04/29/depoly-secures-23m-seed-to-launch-pet-recycling-plant-in-switzerland/, https://finsmes.com/2025/04/depoly-raises-23m-in-seed-funding.html, https://www.innovationintextiles.com/recycling-waste/depoly-secures-total-of-30-million-in-funding/, https://www.depoly.co/news/depoly-to-launch-500-tonne-per-year-showcase-plant-to-give-yesterday-s-plastics-a-new-purpose-as-it-secures-23m