European Pitch Contest, Top50
Key Facts
Company Description
We develop enzymatic recycling technologies that transform plastic waste into virgin-grade raw materials — a key enabler of a circular economy. With proprietary enzyme screening and an AI-driven optimization framework, we precisely tailor enzymes for specific recycling applications.
Product/Service Description
Our solutions empower packaging producers and recyclers to unlock high yields, process contaminated streams, and create food-grade recyclate at lower cost and CO₂ footprint.
Website
https://esterbiotech.com
Crunchbase
Country
Germany
Founding Year
2025
Employees
5-10
Company Stage
MVP/Prototype
Business Model
B2B
Focus Industries
Active Markets
(5 most relevant ones)
Germany, Austria, France, UK
Look for at Bits & Pretzels
Funding & Investors
3 Lead Investors
PTJ
Capital Raised to Date
1 160 000 €
Last Funding Type
Seed
Last Funding Date
January 2025
Capital Need (€)
5-15M
Currently Fundraising
(at the time of Bits & Pretzels 2025)
No
Growth Outlook
Traction
Most powerful PET-degrading enzyme, in patenting; first industry pilot projects in 100 L scale
Monetization Model
Sale of recycled material, sale or licensing of enzymes, and licensing of recycling technology
3 Reference Customers
Confidential