ReLoop Materials

closed

Chemical recycling platform for mixed plastic waste streams

Deal Size

$28M

Stage

Series A

Sector

Chemical Recycling

Location

Houston, TX

Announced: February 22, 2026

Deal Overview

ReLoop Materials uses advanced depolymerization technology to break down mixed plastic waste—including previously non-recyclable multi-layer packaging—into virgin-quality monomers. Their process reduces carbon emissions by 72% compared to virgin plastic production and achieves 94% yield rates. The Series A will accelerate their first commercial-scale plant in Houston, targeting Fortune 500 CPG partnerships.

Key Highlights

✓94% monomer yield from mixed plastic waste
✓72% lower carbon footprint vs virgin production
✓LOIs from 3 Fortune 500 CPG companies
✓Commercial plant online Q3 2026

Founders

Dr. Priya Sharma
Marcus Okonkwo

Investors

WasteVC
Breakthrough Energy Ventures
DCVC

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WasteVC invests from Seed to Series B in waste management and circular economy startups.

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