Last updated 2026-06-18
- Raised $1.5M funding round, Jan 2024
- Raised $1M grant, Jan 2024
- Raised $1.5M funding round led by Paseo Rosales, Nov 2022
Total raised
$4.8M
Last: Grant 2024-02
Stage
Seed
Founded
2020
Headcount
18
HQ
Netanya, Israel
Sector
Industrial Technologies
About
Biotic has developed a scalable and circular solution for plastics by creating a fully biodegradable and bio-based alternative material made from PHBV (PHA) polymer. This process is environmentally friendly and can seamlessly replace traditional plastic. The PHBV polymer is derived from sea algae, which is a widely available and naturally occurring resource.
Funding history · 7 rounds · $4.8M total
2024-02
Grant
Undisclosed
2024-01
Grant
$1.0M
2024-01
$1.5M
2022-11
2022-10
Grant
$750K
2021-09
Grant
Undisclosed
2021-08
Undisclosed
Q&A
- What is Biotic's primary focus?
- Biotic develops a scalable and circular solution for plastics by creating a fully biodegradable and bio-based alternative material made from PHBV (PHA) polymer, derived from sea algae.
- When was Biotic founded?
- Biotic was founded in June 2020.
- What is the total amount of funding Biotic has raised to date?
- Biotic has raised a total of $4,750,000 USD.
- Which investors participated in Biotic's November 2022 funding round?
- In November 2022, Biotic received funding from investors including Paseo Rosales.
- Did Biotic receive any grants in 2024?
- Yes, Biotic received a grant of $1,000,000 USD in January 2024 and another grant in February 2024 from Continental.
- Who are the co-founders of Biotic?
- The co-founders of Biotic are Adi Goldman, who serves as CEO, and Eran Perlstein, who serves as COO.
- What is Biotic's current product stage?
- Biotic's product is currently in the R&D stage.
Team · 2
Founder · Co-founder & COO
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Climate TechClean Industry Tech Sustainable Materials & CircularityIndustrial TechnologiesMaterial Innovations & Applications
Technologies
Materials & SubstancesPolymers
Business model
B2B
Highlights
Climate TechVerified
Tags
biodegradablealgaeplasticspharma-companiesbiomaterialsagriculturefood-and-beveragepolymerscircular-economyclimate-techpackaging-and-containersenvironmental-technologiesautomotivematerialsflexible-packaging
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | biotic-labs.com |
|---|---|
| linkedin.com/company/68798938 | |
| facebook.com/BioticCircularTechnologies | |
| YouTube | youtube.com/channel/UCd-0uzofU1_JCA-8vYTitLA |
Identifiers & details
| Former names | Bio-Circular |
|---|---|
| Founded | 2020-6 |
| Employees (exact) | 18 |
Radar intelligence
Patents
| EPO | 51 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
Web history (Wayback)
| Domain | biotic-labs.com |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|