Danimer Scientific

About:

Danimer Scientific is a biotechnology company that makes bioplastics used in disposable container coatings, packaging, and other products.

Website: http://danimerscientific.com

Twitter/X: danimersci

Top Investors: Apollo, US Department of Energy, U.S. Department of Defense, Advantage Capital, Mountain Ridge Capital

Description:

Danimer Scientific produces a new generation of patented, cost competitive biopolymers. They also offer research, development, and toll manufacturing services for bio-based materials to business partners. They are committed to closed-loop, renewable and sustainable practices, and to products designed to help curb petrochemical plastic pollution worldwide. Their plant and microbial sourced plastics are biodegradable, durable, and adaptable to a wide range of applications. Their toxin-free manufacturing practices are cost competitive. Their products are FDA approved for food contact, and certified to be aerobically and anaerobically biodegradable or compostable in soil, water, and industrial or home compost by ASTM, OWS, and Vinçotte.

Total Funding Amount:

$387M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Bainbridge, Georgia, United States

Founded Date:

2004-01-01

Founders:

Daniel Carraway

Number of Employees:

251-500

Last Funding Date:

2024-09-24

IPO Status:

Public

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