Birch Biosciences Analysis: $2M Raised
What is Birch Biosciences?
Birch Biosciences develops engineered enzymes for plastic recycling, promoting the production of economical, 100% recycled plastic products within a circular economy.
Employees
10
Founded
2021
Revenue
$1.2M
Business Model
Revenue from grants and partnerships in plastic recycling technology development.
Product Features & Capabilities
- Engineered enzymes for plastic recycling, high-performance enzymes for breaking down plastic polymers, proprietary recycling process, enables manufacture of economical, 100% recycled plastic products, low greenhouse gas emissions, competitive pricing for recycled plastics.
How much Birch Biosciences raised
Grant - II - $1.64M
April 3, 2023Lead Investor: U.S. Department of Energy
Who are the founders of Birch Biosciences
Market Focus
Birch Biosciences primarily focuses on the biotechnology industry, specifically in the area of plastic recycling through the development of engineered enzymes for creating 100% recycled plastic products.
Competitors Overview
Birch Biosciences operates in the market of engineered enzymes for plastic recycling, where its main competitors include:
- SEQUANA: This company focuses on using AI to design enzymes capable of breaking down plastics and plastic-based textiles. Their approach emphasizes the use of advanced te
Investors
- Y Combinator
- Pegasus Tech Ventures
- Climate Capital
- US Department of Energy
- Pioneer Fund
- NextCycle Washington
- Elevate Capital
- Fundament
- Liquid 2
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