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Novomer
AddedFeb 15, 2024
UpdatedJun 18, 2026
Novomer

Novomer

Series B

US-based Novomer develops proprietary catalysts for producing polymers and chemicals from CO and ethylene oxide.

HQ
Waltham, MA, US
Founded
2004
Overview
Compare
Fundraising
Employees
Website

Novomer is a venture-funded chemistry technology development company founded in 2004 by Geoffrey Coates, KensaGroup LLC, and Scott Allen. Headquartered in Rochester, New York, Novomer specializes in developing proprietary catalysts, notably the Novo Catalystâ„¢, which enables the use of carbon monoxide and ethylene oxide as raw materials for producing high-performing, carbon-efficient, and cost-effective polymers and chemicals. The company focuses on creating sustainable solutions that can integrate seamlessly into existing manufacturing processes.

Novomer has made significant strides in the field of chemical manufacturing by leveraging its innovative catalytic technology to enhance carbon efficiency and reduce costs. The company's products are designed to be sourced from plant-based and renewable feedstocks, aligning with global sustainability goals. Novomer's impact is underscored by its ability to offer environmentally friendly alternatives in the plastics industry, contributing to a more sustainable future.

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Novomer - Quick Facts

Who are Novomer's competitors?

Companies similar to Novomer include Rennovia, NatureWorks, NuevoPoly and Novorocs Technologies.

When was Novomer founded?

Novomer was founded in 2004.

Where is Novomer's headquarters located?

Novomer's headquarters is located in Waltham, MA, US.

When was Novomer's last funding round?

Novomer's most recent funding round was for $15M (USD) in December 2013.

How much has Novomer raised to-date?

As of Dec 10, 2013, Novomer has raised a total of $46.4M (USD).

How many employees does Novomer have?

Novomer has 31 employees as of Feb 5, 2024.

Novomer - Classification

Ownership
  • Venture Capital
Technology
  • Cleantech
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Chemicals
  • Polymers
NAICS
  • 320000Manufacturing
  • 325100Basic Chemical Manufacturing
  • 325110Petrochemical Manufacturing
  • 325000Chemical Manufacturing
SIC
  • 2860Industrial Organic Chemicals
  • 2869Industrial Organic Chemicals, Not Elsewhere Classified
  • 2800Chemicals And Allied Products
ISIC
  • 2013Manufacture of plastics and synthetic rubber in primary forms
Show 11 more industry codes
NAICS
  • 325200Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing
  • 325210Resin and Synthetic Rubber Manufacturing
  • 325211Plastics Material and Resin Manufacturing
  • 325300Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing
  • 325320Pesticide and Other Agricultural Chemical Manufacturing
SIC
  • 2820Plastics Materials And Synthetic Resins, Synthetic Rubber, Cellulosic Manmade Fibers
  • 2821Plastics Materials, Synthetic Resins, And Nonvulcanizable Elastomers
  • 2870Agricultural Chemicals
  • 2879Pesticides And Agricultural Chemicals, Not Elsewhere Classified
  • 2890Miscellaneous Chemical Products
  • 2899Chemicals And Chemical Preparations, Not Elsewhere Classified