TPU upcycling technology breakthrough
04/03/2022
Upcycling start-up Novoloop has raised $11 million from several investors in a Series A financing and partnered with bonding specialist Bemis Associates to grow its plastic recycling technology.
Novoloop’s technology, ATOD (Accelerated Thermal Oxidative Decomposition), breaks down polyethylene into chemical building blocks that can be synthesised into other products.