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Plaxica

Energy · Taunton, United Kingdom · Founded 2008

Technology and licensing company producing next generation biopolymers and platform chemicals from renewable resources MoreLess

Plaxica operates as a technology licensing company with a focus on producing biopolymers and chemicals from renewable resources. The company was established in 2008 as a spin-out from Imperial College London, founded by Professor Vernon Gibson and Dr. Ed Marshall. The founders' extensive background in designing and developing homogeneous catalysts for polymer production, particularly stereoselective polymerisations, formed the scientific bedrock of the company.

The firm’s core business model is centered on licensing its process technology for manufacturing polylactic acid (PLA), a biopolymer derived from non-food, renewable materials like cellulosic-based substances. Plaxica aims to address key barriers to wider bioplastic adoption by improving material properties and reducing production costs. Revenue is generated by providing these process technologies to clients in industries such as textiles, packaging, automotive, and electronics. The company collaborates with partners by offering engineering, technical, and commercial support to accelerate the commercialization of its technologies. A significant milestone was the acquisition of Plaxica by Sappi on September 1, 2017.

Plaxica has developed proprietary technologies, including the Optipure® process and the Versalac™ process. Optipure® is a chemical process that separates racemic lactic acid into pure L and D isomer streams, which are essential for producing high-performance PLA. The Versalac™ process enables the conversion of biomass feedstock into racemic lactic acid through a closed-loop chemical process, as an alternative to fermentation. These technologies allow for the production of a strong, high-quality polymer from sustainable feedstocks using more energy-efficient methods. The resulting biopolymer can serve as an alternative to traditional oil-based polymers like PET, polypropylene, and polystyrene. Plaxica successfully scaled its processes from laboratory trials to a pilot plant, demonstrating the viability of its technology at a larger scale.

Keywords: biopolymer technology, polylactic acid, PLA production, renewable chemicals, process technology licensing, sustainable materials, lactic acid technology, bioplastics, non-food feedstock, stereoselective polymerisation, Optipure technology, Versalac process, chemical process scaling, polymer intermediates, cellulosic materials, bio-based polymers, green chemistry, sustainable feedstocks, polymer catalysts, technology commercialization

Company overview

Plaxica company information

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

Status
Acquired
Founded
2008
Headquarters
Taunton, United Kingdom
Employees
2
Open positions
None listed
Dealroom signal
28.3
client focusb2btechnologyDeep Techsub industryClean Energybusiness modelManufacturingbusiness modelSaaSsectorLicensingsectorBiotechnologysectorBiopolymerssectorChemistrysectorSpinoutsectorSustainable Development GoalssectorIndustrial TechnologysectorAdvanced MaterialssectorInnovative Material Tech

Valuation & funding

Plaxica funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Sep 2017 $0 Sappi
LATE VCEquity / VC Jun 2017 $0 Imperial Innovations · Carbon Trust
LATE VCEquity / VC Sep 2013 $12M $49M Undisclosed
EARLY VCEquity / VC Sep 2011 $7.6M $31M Undisclosed
SERIES AEquity / VC Aug 2010 $4.7M $19M Touchstone Innovations · 350 Investment Partners · Nesta Impact Investments · Invesco
EARLY VCEquity / VC Oct 2009 Imperial Innovations · Carbon Trust
SPINOUTOther financing Sep 2008 Imperial College London
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Financials

Workforce over time

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

YearEmployees
2026 2
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Growth signals

Plaxica website traffic

Latest recorded traffic for Plaxica is 230 monthly website visits.

Latest monthly visits230
Monthly website visits60 observations · Jan 2016–Oct 2025
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Comparisons

Plaxica compared with similar companies

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Talent graph

Plaxica's talent

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Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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

8 investors on Plaxica's cap table

Sourced from Dealroom's funding and investor records.

Series A 6 investors entered at this stage
Imperial Innovations
Carbon Trust
Touchstone Innovations
350 Investment Partners
Nesta Impact Investments
Invesco
Other known 2 additional known investors
Imperial College London
Sappi

Global footprint

Where Plaxica has talent and traffic

Workforce by country
🇬🇧 United Kingdom · Taunton HQ
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In the news

Latest news about Plaxica

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Market sentiment

What the market is saying about Plaxica

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

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