Yuantian Biotechnology Secures Tens of Millions of Yuan in Pre-A++ Round Funding
Recently, Yuantian Biotechnology (Tianjin) Co., Ltd., a company based in TEDA, has raised tens of millions of yuan in the pre-A++ funding round. The funds will be primarily used for the comprehensive construction of a 5,000-ton PET recycling and industrial production line, as well as the planning and layout of a 100,000-ton production line, accelerating the mass production of bio-enzymatic regenerative materials. Since August 2024, Yuantian Biotech has successively completed three rounds of financing, which not only reflects the capital market's high recognition of its technological path and market prospects but will also vigorously advance the industrialization process of bio-enzymatic recycling technology.
Established in TEDA in 2022, Yuantian Biotech specializes in the R&D and commercial application of bio-enzymatic recycling technology for waste PET plastics. It is the world's first company to receive GRS certification using biological recycling technology. The company has led over 30 scientific research projects and holds 35 domestic and international invention patents. Its products are widely used in food packaging, textile fibers, engineering materials, optical devices, and other fields. Currently, the company has built the world's first 300-ton/year rPTA pilot base, and its 5,000-ton PET recycling and industrial production line is expected to be operational by 2026.