Product Reports Resources Pricing Login Book a demo

Bobine

Energy · Illkirch, France · Founded 2023

Industrial process for recycling plastic waste into olefins MoreLess

Bobine is a cleantech company addressing the challenge of plastic waste through a specialized chemical recycling process. Founded in Strasbourg, France, in 2023, the company is the result of three years of research at the ICPEES laboratory, a joint unit of the CNRS (French National Research Council) and the University of Strasbourg. The core technology, for which an exclusive license was granted by SATT Conectus, originated from research by inventors Charlotte Pham and Cuong Pham-Huu. The company's CEO is Vincent Simonneau.

Bobine's business focuses on the chemical recycling of polyolefins (polyethylene and polypropylene), which constitute 45% of global plastic production and are often difficult to recycle mechanically. The company targets the market for "hard-to-recycle" plastic waste that would otherwise be incinerated or sent to landfill. By transforming this waste, Bobine produces olefins—the building blocks for plastic—that are of virgin quality and suitable for food-grade packaging. This directly addresses stricter European regulations, such as the mandate for 25-50% recycled content in contact-sensitive packaging by 2040.

The company's process utilizes a combination of heterogeneous catalysis and electromagnetic induction, which sets it apart from traditional methods. A key feature is its ability to produce olefins without requiring energy-intensive steam crackers, a standard in petrochemical facilities. Bobine asserts that this approach leads to a 45% reduction in production costs and a 60% smaller carbon footprint compared to other chemical recycling methods. In May 2024, Bobine partnered with the Michelin Group, joining its Center for Sustainable Materials to accelerate development. The company launched a pilot unit in the summer of 2024, is developing a demonstration unit for 2025/2026, and has raised €2 million in a recent funding round.

Keywords: chemical recycling, polyolefin recycling, plastic waste solutions, cleantech, circular economy, heterogeneous catalysis, electromagnetic induction, sustainable materials, hard-to-recycle plastics, virgin-quality polymers, olefins production, food-grade recycled plastic, waste-to-plastic, advanced recycling, decarbonization, green chemistry, polymer circularity, CNRS spinoff, Vincent Simonneau, Michelin partnership

Company overview

Bobine company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2023
Headquarters
Illkirch, France
Employees
13
Open positions
None listed
Dealroom signal
84.3
client focusb2btechnologyDeep Techsub industryWaste Solutionbusiness modelManufacturingsectorRecyclingsectorSpinoutsectorSustainable Development GoalssectorClimate TechsectorCircular EconomysectorEnergy and GreentechsectorObservatoire DeeptechsectorRecycling and WastesectorGreentechsectorobservatoire greentech

Valuation & funding

Bobine funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Feb 2026 $14M $57M Axeleo Capital · UI Investissement · Crédit Agricole Création · Angelor
SPINOUTOther financing Sep 2023 French National Centre for Scientific Research - CNRS · CNRS Innovation · SATT Conectus
Showing 2 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 13
2025 7
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Bobine website traffic

Latest recorded traffic for Bobine is 310 monthly website visits, up 933.3% over the last three months. Bobine's team grew 85.7% over the past year.

Latest monthly visits310 3-month web change+933.3% 1-year team growth+85.7%
Monthly website visits18 observations · Apr 2024–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Bobine compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Bobine's talent

Book a demo to see the people
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

7 investors on Bobine's cap table

Sourced from Dealroom's funding and investor records.

Series A 4 investors entered at this stage
Axeleo Capital
UI Investissement
Crédit Agricole Création
Angelor
Other known 3 additional known investors
CNRS Innovation
French National Centre for Scientific Research - CNRS
SATT Conectus

Global footprint

Where Bobine has talent and traffic

Workforce by country
1 countries with
team presence
🇫🇷 France100%
1 country shown

In the news

Latest news about Bobine

Recent press, funding announcements, and product moves mentioning Bobine — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Bobine

An AI-synthesized read of the highest-engagement posts about Bobine on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Bobine’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.