Biolive

General Information

Company Name

Biolive

Founded Year

2017

Location (Offices)

Turkey +3

Founders / Decision Makers

Number of Employees

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