Novoloop

Menlo Park, CA · Founded 2015 · Privately Held (backing)

Operator of an upcycling company intended to create chemicals and materials from plastic waste. Novoloop is based in Menlo Park, CA and was founded in 2015. Its last reported valuation was $67.7 million in Nov 2023. It has raised $82.8 million across 3 recorded rounds; the latest was a $19.2 million early-stage round in Dec 2024.

Last reported valuation
$67.7M
Oct 2026
Priced at
—
Total raised
$82.8M
Last round
Early Stage VC
Dec 2024

Novoloop key facts

as of Oct 2026
  • Operator of an upcycling company intended to create chemicals and materials from plastic waste.
  • Novoloop is valued at approximately $67.7M as of Oct 2026 (last reported valuation).
  • It has raised $82.8M across 3 recorded rounds; the latest was Early Stage VC ($19.2M) in Dec 2024.
  • Notable investors include Plug and Play Tech Center, Creative Destruction Lab, SOSV, United States Department of War, StartX (US) — 40 tracked in total.
  • Novoloop has filed 3 Form Ds with the SEC since 2022, most recently Jun 2025 ($19.2M sold to 2 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$67.7M

Novoloop's last reported valuation, Nov 2023. Nothing priced has surfaced since.

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Novoloop funding rounds

3 rounds
Dec 2024Early Stage VC$19.2MSEC filing▮
Apr 2022Early Stage VC$8.7MSEC filing▮
Nov 2021Early Stage VC$10.3MSEC filing▮

Novoloop valuation

Novoloop's last reported valuation was $67.7 million in Nov 2023. No priced round, secondary trade or fund mark has surfaced since.

How much has Novoloop raised?

Novoloop has raised $82.8 million in total; 3 of its rounds are on record, from 2021 on. The largest on record was an $8.7 million early-stage round in Apr 2022; the most recent was a $19.2 million early-stage round in Dec 2024.

Novoloop has filed 3 Form Ds with the SEC since 2022, most recently in Jun 2025 ($19.2 million sold to 2 investors).

Novoloop investors

40 investors are on record for Novoloop, including Plug and Play Tech Center, Creative Destruction Lab, SOSV and United States Department of War. The early-stage round in Dec 2024 drew 2 investors.

About Novoloop

Operator of an upcycling company intended to create chemicals and materials from plastic waste. The company processes hard-to-recycle plastics into performance materials by chemically altering post-consumer polyethylene to produce building blocks for thermoplastic polyurethane, enabling brands and manufacturers to meet sustainability goals while maintaining material quality.

Sector
Materials and Resources
HQ
Menlo Park, CA, United States
Founded
2015
Employees
25
Ownership
Privately Held (backing)

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