Evoralis
Enabling large scale plastic recycling – making plastics truly circular. We aim to enable recycling of over 80% of textiles within 2 years.
Funding Opportunity
We are raising between £2.5M and £3M total. In addition, two major fashion retailers have approved over £1M giving us revenue for the development of completely new enzymes for the recycling of nylon and polyurethane, using our ground-breaking ultra-high throughput screening technology on actual plastic particles.
£3M
Seed
Overview
Evoralis is an enzyme development company, specialising in enzymes (biocatalysts) which can break down plastics for a truly circular economy. Evoralis is developing completely new commercially viable enzymes to enable the recycling of plastics like polyester (PET), nylon (PA) or polyurethane (PUR). Its initial focus is the textile industry where it could enable over 80% of all textiles to become recyclable within 2 years.
The Challenge
Leaders in the textile industry have promised to recycle 100% of their wares by 2030. Currently fibre to fibre recycling is less than 1%. Current and most emerging recycling technologies are inadequate, as they cannot sustainably deal with blended and mixed yarns.
The Solution
Enzymatic recycling has been recognised as one of the most promising solutions for plastic and textile recycling. Evoralis patent pending ultra-high throughput screening technology based on microfluidics plus directed evolution can lower the time of finding and improving enzymes from 5 to 10 years to 1 to 2 years. Enzymes are made robust by testing them on real plastic particles. This is why two leading fashion retailers have approved budget for over £1M for the development of new enzymes through Evoralis – to benefit the whole industry.
Patents and Publications
- Patent: Improved polymer degrading enzymes; Cambridge Enterprise Limited; 18th May 2022; application no. PCT/GB2023/051312; publication no. WO 2023/223039 on 23rd November 2023.
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