Novomer

What Novomer does

Novomer is a privately-held sustainable chemistry company founded in 2004 and headquartered in Waltham, Massachusetts. The firm develops high-performance, environmentally responsible polymers and chemical intermediates, targeting replacement of conventional petroleum-derived materials with greener alternatives. Its operating scope spans the development of novel polymer and intermediate chemistries suitable for industrial applications.

The company has raised approximately $64.8 million in cumulative disclosed funding across six rounds between 2007 and 2013. The investor base is notable for blending strategic energy and chemicals capital — Saudi Aramco Energy Ventures and DSM Venturing — with US Department of Energy non-dilutive funding and venture capital from Flagship Pioneering, OVP Venture Partners, and Physic Ventures. This investor composition suggests Novomer's technology is positioned at the intersection of industrial chemicals, renewable feedstocks, and government-backed decarbonization initiatives. The company operates with a lean headcount of 11–50 employees, consistent with an R&D- and pilot-scale orientation rather than large-scale commercial manufacturing.

Detailed information on product specifications, customer agreements, pricing, revenue model, geographic footprint, and competitive positioning is not present in the provided source data. Public commercial traction, named offtake partners, and post-2013 capital activity are likewise unverified. Leadership is anchored by Jeff Uhrig as Chief Executive Officer. Any inference about commercial scale or near-term trajectory is constrained by this data gap.

Name

Novomer

Website

https://novomer.com

Company type

Private

Founded year

2004

Headcount range

11–50 employees

Short description

Novomer is a sustainable chemistry company developing high-performance, environmentally responsible polymers and chemical intermediates. Founded in 2004 and based in Waltham, Massachusetts, it serves industrial customers seeking greener alternatives to petroleum-based materials.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Plastics Material and Resin Manufacturing (325211), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Industrial Organic Chemicals (2860)

akta.pro primary industry

Bio-based & Biodegradable Polymer Resin Manufacturing (PLA, PHA, PBS, starch blends) (IMANAAAG)

akta.pro secondary industries

Bio-based Polymers & Resins (PLA, PHA, bio-PE, bio-PET, cellulose acetate) (IMAMALAC), Bio-based Resins, Adhesives, Coatings & Sealants (EUAAAIAG), Biodegradable Polymers & Resins (PLA, PHA, PBS, PBAT) (IMAEAOAA)

Keywords

• Sustainable polymers
• Chemical intermediates
• Green chemistry
• Bio-based materials
• Specialty chemicals

Headquarters

HQ city

Waltham

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Supply Chain

Core offering

Novomer is a sustainable chemistry company that develops and produces high-performance, environmentally responsible polymers and chemical intermediates. The company's products serve as greener alternatives to conventional petrochemical-derived materials for industrial buyers.

Differentiator

Problem solved

Functional benefit

Products and services

• High-performance sustainable polymers

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• BASF: BASF is a global chemicals incumbent offering biopolymers (ecoflex®, ecovio®) and bio-based chemical intermediates. It is a broad competitive force across multiple of Novomer's downstream end markets.
• Braskem: Braskem is a major petrochemical producer with bio-based polyethylene (I'm green™) made from sugarcane. It is a broad incumbent in bio-based polymers and competes with Novomer for sustainability-driven brand commitments.
• Covestro: Covestro has historically licensed Novomer's CO2-based polyol technology for its cardyon® product line used in polyurethanes. As a broad materials incumbent, it overlaps significantly with Novomer's chemical intermediates and bio-based polyurethane feedstocks.
• Kaneka: Kaneka produces PHBH (a PHA-type polymer under the Aonilex® brand) at commercial scale for packaging and consumer applications. It is a broad chemicals incumbent with direct overlap in biodegradable polymer manufacturing.

Direct peers

• Danimer Scientific: Danimer Scientific is a direct peer producing PHA-based biodegradable polymers for packaging, straws, and consumer goods. Both companies compete in the bio-based and compostable resin space with comparable application focus and customer targets.
• TotalEnergies Corbion: TotalEnergies Corbion is a 50/50 joint venture producing PLA (Luminy®) at commercial scale for durables, packaging, and 3D printing. It is a direct peer in bio-based and biodegradable polymer resins targeting the same customer base.
• NatureWorks: NatureWorks is the leading global producer of PLA biopolymers (Ingeo™), serving packaging, fibers, and consumer goods markets. It directly competes with Novomer's PHA and bio-based polymer portfolio in compostable and bio-based resin applications.

Emerging players

• Yield10 Bioscience: Yield10 is developing PHA bioplastics via engineered Camelina and microbial platforms. It is an emerging peer in bio-based PHA production addressing similar sustainability-driven end markets as Novomer.
• CJ CheilJedang (CJ BIO): CJ BIO has scaled commercial PHA production (PHACT) via a proprietary fermentation process. It is a meaningful competitor in the PHA space that Novomer also targets for biodegradable resin applications.
• Newlight Technologies (now C2X): Newlight (rebranded C2X) produces AirCarbon™, a PHA bioplastic made from captured methane and CO2. It is an emerging peer using greenhouse-gas-derived feedstocks — directly analogous to Novomer's CO2-to-polymer thesis.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/Novomer
• Facebookfacebook.com/421776717927319
• LinkedInlinkedin.com/company/novomer-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds7 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Novomer