![]() Any complaints may be sent to:Ġ0162 – the attention of the Compliance Function SECURITIES AND FINANCIAL OMBUDSMANĬDP Venture Capital SGR subscribed to the Securities and Financial Ombudsman (Arbitro per le Controversie Finanziarie, ACF) scheme, established by CONSOB with resolution no. The focus of our venture investments includes decarbonization, circular economy, agtech, new materials, digitization and new, disruptive business models.The Company has adopted suitable procedures to ensure the prompt handling of complaints lodged by investors as part of a process in which several structures participate, in order to ensure a detailed review of the problem arising from the complaint. Our goal is to generate new growth potential for current and future business areas of BASF by investing in young companies and funds. Founded in 2001, BASF Venture Capital invests in Europe, the United States, Canada, China, India, Brazil, and Israel. BASF Venture Capital GmbH also contributes to this corporate purpose. We are excited to support their mission to create a more sustainable future,” said Markus Solibieda, Managing Director at BASF Venture Capital.Īt BASF, we create chemistry for a sustainable future. DePoly's technology offers a promising solution to address the global plastic waste challenge and concurrently support the reduction of greenhouse gas emissions related to the production of virgin plastics. “To truly implement the circular plastics economy, we must transform our business practices, and that requires collaborative efforts from various stakeholders. The investment in DePoly is another commitment towards supporting this goal. One example for these efforts is BASF’s ChemCycling® business. By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. BASF is therefore running a Circular Economy Program. ![]() We are thrilled to have BASF Venture Capital and other strategic investors in this round supporting us in implementing our solution on a larger scale,” said Samantha Anderson, CEO and co-founder of DePoly.īASF aims to move toward a more Circular Economy by increasingly using recycled and renewable feedstocks, shaping new material cycles and creating new business models. “Our technology has the potential to fundamentally change the lifecycle of PET plastics and reinforce the global efforts in tackling the climate challenge. DePoly offers a unique solution to address this need. As brand owners increasingly aim for higher recycled content rates in their products, the demand for advanced recycling technologies is expected to grow. But only about 10 percent are recycled, with the majority going to incineration or landfill. Plastics are an essential part of everyday life. The proceeds of the financing round will enable DePoly to accelerate the scale-up and development of its depolymerization process, leading to the building of a demonstration plant expected to be operational in 2024. ![]() For BVC this investment underlines BASF’s ongoing commitment to developing sustainable solutions for a circular economy.īVC co-led DePoly’s CHF12.3M seed financing round along with Wingman Ventures, with the participation of Beiersdorf, Infinity Recycling, CIECH Ventures, Angel Invest, and others. ![]() This process is energy efficient - operating at room temperature and standard pressure, without the need for pre-sorting, pre-washing, or removal of contaminant materials. Founded in 2020, the company has developed a chemical recycling technology that converts mixed post-consumer and post-industrial polyester plastic waste streams, as well as polyester-containing fabrics and fibers, back into their precursors at virgin-grade quality. Mannheim, Germany, J– BASF Venture Capital GmbH (BVC), the corporate venture company of the BASF Group, announced today an investment in the Swiss startup DePoly SA (DePoly), a sustainable plastic solutions provider developing a unique chemical recycling technology. The company establishes a sustainable source of raw materials from post-consumer and post-industrial plastic waste.DePoly develops low-energy and selective chemical recycling technologies for polyester waste streams. ![]()
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