Total raised
$4.8M
Last: Seed 2024-01
Stage
Seed
Founded
2020
Headcount
18
HQ
Netanya
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 · 3 rounds · $4.8M total
2024-01
Seed
$1.5M
2022-11
Seed
$1.5M
2021-08
Convertible Debt
Undisclosed
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