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Novoloop Raises $11 Million to Upcycle Plastic Waste

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Upcycling startup Novoloop has raised $11 million in Series A financing led by Envisioning Partners with participation from Valo Ventures and Bemis Associates. Novoloop is advancing the chemical transformation of plastic waste into high-performance chemicals and materials. The company’s proprietary process technology, ATOD (accelerated thermal oxidative decomposition), breaks down polyethylene into chemical building blocks that…

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