Danimer Scientific - About the company
Danimer Scientific is an acquired company based in Bainbridge (United States), founded in 2004. It operates as a Manufacturer of PHA biopolymers using renewable resources. Danimer Scientific has raised $27.1M in funding from Advantage Capital. The company has 238 active competitors, including 76 funded and 12 that have exited. Its top competitors include companies like Tidal Vision, Newlight Technologies and EF Polymer.
Company Details
Manufacturer of PHA biopolymers using renewable resources. The company manufactures biodegradable polymer material from canola oil. The company uses its polymer material for multiple applications including additives, aqueous coatings, extrusion coating, extrusion lamination, fibres, film resins, hot melt adhesives, injection moulding, thermoforming, and wax replacement polymers. In addition, it also offers toll manufacturing and compounding services.
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Key Metrics
Founded Year
2004
Location
Bainbridge, United States
Stage
Acquired
Total Funding
in 10 rounds
Latest Funding Round
Investors
Ranked
9th among
Annual Revenue
as on Dec 31, 2022
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by (Jun 10, 2025)
Legal entities associated with Danimer Scientific
Danimer Scientific is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 1582841 United States, Active | $5M - $25M (as on Apr 16, 2014) | - | - | |
CIN: 1779020 United States, Deadpooled | May 23, 2019 | $53.2M (as on Dec 31, 2022) | - | - |
CIN: 84-1924518 United States, Active | May 23, 2019 | - | 271 (as on Dec 31, 2022) | - |
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Danimer Scientific's acquisition details
Danimer Scientific got acquired by on Jun 10, 2025.
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Danimer Scientific's funding and investors
Danimer Scientific has raised a total funding of $27.1M over 10 rounds. Its first funding round was on Mar 31, 2011. Its latest funding round was a Grant (prize money) round on Sep 08, 2021 for $400K. 1 investor participated in its latest round, which include , White Oak Global Advisors, Advantage Capital and United Soybean.
Danimer Scientific has 4 institutional investors including Advantage Capital, and White Oak Global Advisors.
Here is the list of recent funding rounds of Danimer Scientific:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Sep 08, 2021 | $400K | Grant (prize money) | 2879485 | 2438250 | |
Jul 30, 2020 | Undisclosed | Grant (prize money) | 5617214 | 8521882 | |
Jan 22, 2020 | $11M | Series A | 9668724 | 2537431 | - |
View details of Danimer Scientific's funding rounds and investors
Danimer Scientific's founders and board of directors
Danimer Scientific's employee count trend
Danimer Scientific has 271 employees as of Dec 22. The total employee count is 4.0% lower than what it was in Dec 21. Here is Danimer Scientific's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Danimer Scientific's Competitors and alternates
Top competitors of Danimer Scientific include Tidal Vision, Newlight Technologies and EF Polymer. Here is the list of Top 10 competitors of Danimer Scientific, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Tidal Vision 2014, Bellingham (United States), Series B | Provider of natural biopolymer materials | $320M | Sahsen Ventures, SOSVÌý&²¹³¾±è;Ìý | 61/100 |
2nd | ![]() Newlight Technologies 2003, Huntington Beach (United States), Series F | Provider of sustainable material using methane-based greenhouse gases | $220M | TPG, GRAYARCH PARTNERSÌý&²¹³¾±è;Ìý | 57/100 |
3rd | ![]() EF Polymer 2018, Udaipur (India), Series B | Manufacturer of organic super-absorbent hydrogel for sustainable agriculture | $11.1M | Village Capital, Beyond Next VenturesÌý&²¹³¾±è;Ìý | 56/100 |
4th | ![]() Zerocircle 2020, Pune (India), Seed | Developer of seaweed-based bio-alternatives for packaging and coatings. It offers sustainable alternatives to plastic-based products, utilizing seaweed as a regenerative resource. These alternatives include films, coatings, and paper, all fully biodegradable and offering comparable or superior performance characteristics. The company focuses on providing solutions for conscious brands seeking fossil-free options. Its products are designed to create perfectly circular solutions with zero waste. | $4.35M | Peak XV Partners, ACT GrantsÌý&²¹³¾±è;Ìý | 55/100 |
5th | Notpla 2014, London (United Kingdom), Series A | Manufacturer of seaweed-based bioplastics | $47.3M | , Horizons VenturesÌý&²¹³¾±è;Ìý | 53/100 |
6th | Developer of multipurpose tracked UGV | - | , CACEIS | 53/100 | |
7th | Manufacturer of fiber-based specialty materials | - | Bain Capital Private Equity, TaaleriÌý&²¹³¾±è;Ìý | 53/100 | |
8th | Developer of environmental friendly biomaterials for plastic replacement | $10.1M | , EIC FundÌý&²¹³¾±è;Ìý | 52/100 | |
9th | ![]() 2004, Bainbridge (United States), Acquired | Manufacturer of PHA biopolymers using renewable resources | $27.1M | , White Oak Global AdvisorsÌý&²¹³¾±è;Ìý | 52/100 |
10th | UBQ Materials 2012, Tel Aviv (Israel), Series D | Manufacturer of composite materials from municipal solid waste solutions | $240M | TPG, Battery VenturesÌý&²¹³¾±è;Ìý | 51/100 |
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Danimer Scientific's Investments and acquisitions
Danimer Scientific has acquired Novomer. Danimer Scientific has not made any investments as of now.
Reports related to Danimer Scientific
Here is the latest report on Danimer Scientific's sector:
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News related to Danimer Scientific
Media has covered Danimer Scientific for a total of 12 events in the last 1 year, 3 of them have been about people movement and 2 about company updates.
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ptonline.com•Jun 11, 2025•, Danimer Scientific
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Newswire•Jun 11, 2025•, Danimer Scientific
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Rubber World•Jun 11, 2025•, Danimer Scientific
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Business Wire•Dec 18, 2024•Danimer Scientific
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Business Wire•Nov 19, 2024•Danimer Scientific
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Business Wire•Oct 28, 2024•Danimer Scientific
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Biofuels Digest•Oct 22, 2024•Danimer Scientific
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Seeking Alpha•Oct 15, 2024•Danimer Scientific
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