Novoloop
Sustainable Ocean Alliance Alumni
Bay Area, CA
Novoloop (formerly, Biocellection) turns unrecyclable plastic waste into chemicals and materials for automotive, construction, and 3D printing applications, creating a circular economic model that keeps waste out of landfills and reduces carbon emissions.
Plastic pollution becomes a pressing global issue, and governments are just starting to incentivize the development and use of alternative materials. Novoloop (formerly, Biocellection) turns unrecyclable plastic waste into chemicals and materials for automotive, construction, and 3D printing applications, creating a circular economic model that keeps waste out of landfills and reduces carbon emissions. Up to 150,000 metric tons of thermoplastic polyurethane are used in apparel and footwear each year. Novoloop successfully developed products that have as little as half the CO₂e footprint of commercial virgin materials, while keeping the mechanical properties of thermoplastic polyurethane. And they’re made from post-consumer plastic waste!
Stage of funding:
Series A fundraising
Mentoring needs:
- Strategic Partners
- Commercialization
- Fundraising
About the founders
Miranda Wang
Miranda is Chief Executive Officer and co-founder at Novoloop (formerly, BioCellection). She brings together key stakeholders in the waste management and recycling space, jurisdictions, and corporations seeking improved sustainability to solve the plastic pollution crisis. She has raised over $5M in investments from funders such as Marc Benioff, The City of San Jose, GreenWaste Recovery, Schmidt Marine Technology Partners, and Elemental Excelerator. She is a Rolex Awards for Enterprise Laureate, Forbes 30 Under 30, Echoing Green Climate Fellow, United Nations Young Champion of the Earth, Pritzker Environmental “Genius” Prize Winner, and winner of the Wharton Business Plan Competition, and the Westly Prize. She received her Bachelor of Arts in cell and molecular biology, philosophy, and engineering entrepreneurship from the University of Pennsylvania.
Jeanny Yao
Jeanny is the Chief Operating Officer and co-founder at Novoloop (formerly, BioCellection), where she leads team growth, resource management, and IP strategy. She has 8 years of experience in plastics upcycling and is the lead co-inventor on BioCellection’s core process patents. She started this work with the belief that science and business innovation can lead to win-win solutions to environmental problems.