TripleW Group NV is a technology company.
TripleW Group NV has raised $22.0M across 2 funding rounds.
TripleW Group NV has raised $22.0M in total across 2 funding rounds.
TripleW Group NV has raised $22.0M in total across 2 funding rounds.
TripleW Group NV's investors include Collider Ventures, F2 Capital, MizMaa Ventures.
TripleW Group NV is a sustainable technology company specializing in circular chemistry, converting food waste into high-purity lactic acid (Circulac®) and biomaterials like PLA bioplastics using a patented biological fermentation process that mimics natural digestion.[1][2][5] It serves waste management companies, manufacturers in personal care, homecare, food & beverage, and bioplastics industries by transforming waste into low-cost, renewable alternatives to fossil-based materials, addressing environmental challenges like food waste disposal and plastic pollution while generating new revenue streams.[2][3][5] The company solves the dual problem of inefficient waste management and high-emission production of chemicals and plastics, with strong growth momentum including a Series B funding extension from GS Ventures, a new demo facility in Antwerp processing 10 tons of daily food waste, and full-scale projects worldwide with tier-1 partners; founded in 2016 with 26 employees across Israel and Belgium.[1][2]
TripleW was co-founded in 2016 by bio-engineer Tal Shapira (CEO) and business strategist Amir Oranim in Israel, emerging from intensive R&D to tackle global waste management inefficiencies.[1][2][5] The idea stemmed from recognizing food waste as an abundant, underutilized "3rd generation renewable feedstock" for producing lactic acid—a key building block for PLA bioplastics—via a scalable bioprocess that also enables chemical recycling of post-consumer PLA waste.[3][5] Early traction came rapidly, positioning TripleW as a global leader in sustainable biochemicals, with pivotal milestones like the 2023 Antwerp demo plant launch at the NextGen District (former Opel site) and recent Series B investments to expand in Europe and the US.[1][2]
TripleW rides the circular economy and climate-tech wave, capitalizing on rising demand for biobased materials amid EU regulations on food waste reduction and plastic bans, plus global pushes for net-zero emissions.[1][2][5] Timing is ideal with food waste generating 8-10% of global emissions and bioplastics markets projected to grow rapidly; market forces like volatile fossil prices and corporate sustainability mandates favor its low-cost, infrastructure-agnostic tech.[3] It influences the ecosystem by partnering with waste giants and investors like GS Ventures (focusing on climate-tech), accelerating waste-to-value transitions and enabling scalable decarbonization in chemicals and packaging.[2]
TripleW is poised for explosive growth through Series B-fueled expansions, targeting waste facility upgrades in Europe and the US while scaling Antwerp's demo into commercial plants.[1][2] Trends like advancing bio-fermentation efficiencies, stricter circularity laws, and bioplastic adoption will propel it, potentially evolving from niche innovator to dominant supplier of renewable lactic acid. As waste volumes surge, TripleW's ability to turn liabilities into assets positions it to redefine sustainable chemistry, building on its pioneering waste-to-Circulac® model for lasting ecosystem impact.[5]
TripleW Group NV has raised $22.0M across 2 funding rounds. Most recently, it raised $17.0M Series B in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $17.0M Series B | Collider Ventures, F2 Capital, MizMaa Ventures | |
| May 1, 2019 | $5.0M Series A | Collider Ventures, F2 Capital, MizMaa Ventures |