Last deal

$10.99M

Amount

Venture - Series Unknown

Stage

10.01.2020

Date

2

all rounds

$15.39M

Total amount

date founded

Financing round

General

About Company
Danimer Scientific produces biodegradable bioplastics from renewable resources.

Related to

Danimer Scientific

Danimer Scientific

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

Sector

General Industrials

Subsector

Plastics

Location

Bainbridge, GA, USA

total rounds

9

total raised

$385.53M

Industry

Sector :

Subsector :

Keywords :

Also Known As

MHG

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Based in Bainbridge, GA, Danimer Scientific, formerly known as MHG (Meredian Holdings Group), manufactures PHA bioplastics that are 100% biodegradable and compostable. Their plastics are comparable to petroleum-based plastics in terms of price and performance. By creating bioplastic feedstock from cold pressed canola oil, Danimer enables global brand owners to use environmentally responsible materials in everyday consumer products. They offer commercial grade PHA using world-class production systems, reducing dependence on non-renewable resources. Additionally, Danimer provides specialty toll manufacturing services, utilizing their state-of-the-art equipment and experienced staff to produce quality products to client specifications. With over 125 patents across nearly 20 countries, Meredian Holdings Group, the parent company of Danimer, is a recognized leader in the development of biopolymers.
Contacts
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Subsector

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Financials

Funding Rounds
2
2

Number of Funding Rounds

$15.39M

Money Raised

Their latest funding was raised on 10.01.2020. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
10.01.2020
$10.99M
03.06.2014
$4.4M
Co-Investors

People

Founders
1

S. Blake Lindsey

current job

Meredian Holdings Group
Meredian Holdings Group

organization founded

1

S. Blake Lindsey

Employee Profiles
2

S. Blake Lindsey

President

Stephen Croskrey

Stephen Croskrey

CEO

Activity

Recent News
0