Loop Industries: Funding, Investors & Team (Sep 2026)
Loop Industries, Inc. is a technology and licensing company whose mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any colour, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and repolymerized to create virgin-quality Loop™ branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives. Through our customers and production partners, Loop is leading a global movement toward a circular economy by raising awareness of the importance of preventing and recovering waste plastic from the environment to ensure plastic stays in the economy for a more sustainable future for all.
Loop Industries has raised $10.5M across 1 funding round on record, the most recent an undisclosed round of $10.5M announced in Dec 2024.
That round is above the $3.8M median round size for Design companies tracked on FundedIQ over the last two years.
Loop Industries Company Profile and Key Stats
Latest funding round on record: Dec 2024.
Loop Industries Funding Rounds
Loop Industries Founders and Leadership Team
No contact details are on record for this team yet.
Loop Industries Funding Compared to Other Design Startups
Loop Industries' latest round of $10.5M is above the median round in Design. Medians cover the last 24 months of disclosed rounds.
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Loop Industries Funding FAQs
What does Loop Industries do?
Loop Industries, Inc. is a technology and licensing company whose mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any colour, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and repolymerized to create virgin-quality Loop™ branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives. Through our customers and production partners, Loop is leading a global movement toward a circular economy by raising awareness of the importance of preventing and recovering waste plastic from the environment to ensure plastic stays in the economy for a more sustainable future for all.
How much funding has Loop Industries raised?
Loop Industries has raised $10.5M across 1 round on record. The most recent is an undisclosed round of $10.5M announced in Dec 2024.
When did Loop Industries last raise funding?
Loop Industries' most recent funding round on record is an undisclosed round of $10.5M, announced in Dec 2024.
Who founded Loop Industries?
FundedIQ lists Daniel Solomita (Founder) at Loop Industries.
Where is Loop Industries headquartered?
Loop Industries is based in Terrebonne, Quebec, Canada.
How many employees does Loop Industries have?
Loop Industries is in the 51-100 employee band.
How does Loop Industries' funding compare to other Design startups?
Loop Industries' latest round of $10.5M is above the $3.8M median round size for Design companies on FundedIQ across 327 tracked companies over the last two years.
About FundedIQ's Loop Industries Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Loop Industries is left off this page rather than filled in.
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