Last deal

$13.16K

Amount

Grant

Stage

27.06.2024

Date

3

all rounds

$385.53M

Total amount

date founded

Financing round

General

About Company
Danimer Scientific produces biopolymers that are biodegradable and compostable, helping to reduce plastic pollution worldwide.

Industry

Sector :

Subsector :

founded date

01.01.2004

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company offers research, development, and toll manufacturing services for bio-based materials, creating more sustainable ways to make plastic products under the Nodax brand name. Their products are FDA approved for food contact and certified to be biodegradable or compostable in soil, water, and industrial or home compost. They hold more than 430 patents and pending patent applications in nearly 20 countries for a range of manufacturing processes and biopolymer formulations. Danimer provides specialty toll manufacturing services at their facility, using the customer's formulations, materials, and instruction to produce quality products to the client's specifications.
Contacts

Phone number

Social url

Sub-Organizations
1
Meredian Holdings Group

Meredian Holdings Group

Danimer Scientific produces biodegradable bioplastics from renewable resources.

Sector

Chemicals

Subsector

Specialty Chemicals

Keywords

Manufacturing, Biotechnology

Location

Bainbridge, GA, USA

total rounds

2

total raised

$15.39M
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Subsector

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Financials

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3

Number of Funding Rounds

$385.53M

Money Raised

Their latest funding was raised on 27.06.2024. Their latest investor US Department of Energy. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
21.03.2024
$15M
US Department of Energy

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Oil, Gas and Coal

Subsector

Oil Equipment and Services

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count Of Exists

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Mountain Ridge Capital

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Subsector

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Co-Investors
Investors
5
4

Number of lead investors

5

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Post-IPO Debt
No
Debt Financing
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Advantage Capital

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Sector

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Subsector

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count Of Exists

109

People

Founders
1

Daniel Carraway

current job

Danimer Scientific
Danimer Scientific

organization founded

1

Daniel Carraway

Employee Profiles
8
Stephen Martin

Stephen Martin

Chief Legal Officer & Corporate Secretary

Michael Hajost

Michael Hajost

Chief Financial Officer

Michael Smith

Michael Smith

Chief Operating Officer

Scott Tuten

Scott Tuten

Chief Marketing Officer

John Dowdy

John Dowdy

Chief Financial Officer

Daniel Carraway

CEO

Stephen Croskrey

Stephen Croskrey

Chief Executive Officer

Phil Trump

Phil Trump

Chief Technology Officer

Activity

Recent News
22
News Timeline

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