Biolive

Bioplastic offers an eco-friendly alternative to managing plastic waste.

General Information
Company Name
Biolive
Founded Year
2017
Location (Offices)
Turkey +3
Founders / Decision Makers
Number of Employees
11
Industries
Biotechnology
Funding Stage
Series A
Social Media

Biolive - Company Profile

Biolive is a biotechnology startup based in Turkey that offers sustainable solutions for managing plastic waste. Founded in 2016 at the Incubation Centre at Istanbul Technical University, Biolive received a significant investment from Vestel Ventures, a subsidiary of Zorlu Holding, in 2017. The company specializes in producing bioplastic raw materials like Bio-PE, Bio-PP, and Bio-ABS at scale-up, and also delves into next-gen materials such as plant-based leather. Biolive secured a $30.00M Series A investment on 02 March 2020 from notable investors including Figen Korun, Keiretsu Forum, Selcan Yilmaz, and Aytul Ercil. With its eco-friendly approach and innovative products, Biolive aims to address the pressing environmental concerns related to plastic pollution.

Taxonomy: Bioplastics, Eco-friendly materials, Sustainable solutions, Raw material production, Scale-up production, Next-gen materials, Plant-based leather, Environmental innovation, Investment, Corporate transition, Incubation center, Start-up funding, Venture capital, Circular economy

Funding Rounds & Investors of Biolive (3)

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Funding Stage Amount No. Investors Investors Date
Series A $30.00M 4 Figen Korun, Keiretsu Forum +2 02 Mar 2020
Non Equity Assistance Unknown 1 01 Jan 2018
Venture Round Unknown 1 01 Dec 2016

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