Novomer

About

Novomer is a sustainable chemistry company developing high performance, environmentally responsible polymers and chemical intermediates.

Waltham,Massachusetts,United States
11 - 50

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $10M
Industries: Energy Efficiency,Sustainability
Founded date: Jan 1, 2004
Number Of Employee: 11 - 50
Operating Status: Active

Novomer is a new materials company pioneering a family of competitively priced high-performance green plastics, polymers and other chemicals. With proprietary catalytic technology and a world-class scientific team, Novomer's groundbreaking technology allows carbon dioxide and other renewable materials to be cost-effectively transformed into polymers, plastics and other chemicals for a wide variety of industrial markets.

It was founded in 2004 and headquartered in Waltham, Massachusetts.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$46.40M

Novomer has raised a total of $46.40M in funding over 2 rounds. Their latest funding was raised on Dec 10, 2013 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 10, 2013	Series Unknown	$15M	1	Saudi Aramco Energy Ventures	—	Detail
Oct 28, 2011	Series Unknown	$10M	—	—	—	Detail
Dec 14, 2009	Grant	$800K	—	—	—	Detail
Aug 1, 2009	Series B	$14M	4	OVP Venture Partners	—	Detail
Nov 7, 2007	Series A	$6.60M	2	Flagship Pioneering Physic Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

5

Novomer is funded by 5 investors. Saudi Aramco Energy Ventures and OVP Venture Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Saudi Aramco Energy Ventures	Yes	Series Unknown
OVP Venture Partners	Yes	Series B
DSM Venturing	—	Series B
Flagship Pioneering	—	Series B
Physic Ventures	—	Series B