Taranis led a $21m Series B funding round in Novoloop.

Taranis, an investment and impact project development entity of the Perenco Group, led a $21m Series B funding round in Novoloop, a circular innovation company that upcycles hard-to-recycle plastics. “We are thrilled to partner with Taranis, whose deep commitment in plastic circularity and industrial decarbonization aligns with our ambition to scale Lifecycling™ globally. This round positions us to meet growing demand from a wider supply chain seeking circular and cost-competitive polyurethanes through the industrial scale-up of our first-of-a-kind technology.” Miranda Wang, Novoloop CEO and Co-Founder.