💰The Funding Letter #1120: March 21

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March 21, 2023

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Danimer Scientific is a biotechnology company that makes bioplastics used in disposable container coatings, packaging, and other products, using renewable and sustainable biopolymers to create plastic products that are 100% biodegradable and compostable. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $130M, Post-IPO Debt

Round Investors: [Not Disclosed]

🚀Growth Focus: Expands its capital structure, significantly improves its near-term liquidity position, and enables it to maintain strategic and operational flexibility as it executes its growth strategy.

HQ: Bainbridge, GA

Industry: Plastics Manufacturing

Employee Count: 175

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