DePoly

DePoly is a Swiss-based cleantech company at the forefront of the circular economy, specializing in advanced chemical recycling technology. Founded in 2020 by researchers from EPFL, the company has developed a proprietary process that breaks down PET plastic and polyester waste—including complex, contaminated, and multi-colored streams—into their original monomer building blocks, PTA and MEG. By enabling the production of virgin-grade materials from waste, DePoly helps industries reduce their reliance on fossil-fuel-based virgin plastics. Operating out of Switzerland, the company is currently scaling its operations from pilot facilities to a 500-ton-per-year showcase plant in Monthey. With significant backing from major venture capital firms and strategic partners, DePoly is positioning itself as a key player in the global effort to divert plastic from landfills and incineration. The company's innovative approach has earned it recognition as a World Economic Forum Technology Pioneer and a top-ranked Swiss startup, reflecting its potential to transform the global plastic supply chain.

DePoly’s mission is to tackle the global plastic waste crisis by rethinking recycling, enabling true material circularity, and reducing industry reliance on fossil fuels.

• Named a 2024 Technology Pioneer by the World Economic Forum
• Winner of the 2024 Top 100 Swiss Startup Award
• Successfully transitioned from lab-scale research to a 500-ton-per-year showcase plant
• Backed by major investors including BASF Venture Capital and Beiersdorf Venture Capital

Sources

• Official DePoly Website
• World Economic Forum Technology Pioneer Announcement
• Top 100 Swiss Startup Award