What Triple Helix does

Triple Helix (legal entity: Triple Helix Molecules Group) is a Belgian circular venture studio founded in July 2019 by Steven Peleman, headquartered at the BlueChem sustainable chemistry incubator in Antwerp. The company operates on a "Molecules as a Service" (MAAS) architecture that separates centralized IP entities (IPCos) from geographically replicated operational companies (OpCos), enabling local proof-of-concept followed by global licensing. Its portfolio spans at least five technology fields: G-PUR/SurePUre (glycolysis-based chemical recycling of end-of-life polyurethane foams, anchored by a 30-year concession at Port of Antwerp-Bruges' NextGen District), Electricon International (electrochemical CO2 capture producing hydrogen and oxygen by-products), G-BT ComBIND (mechanical recycling of solid and bio-based waste streams into construction materials), C-Ray (AI- and computer-vision-driven non-destructive sorting of bulk material streams), and Triple Helix Alchemy (conversion of liquid and gaseous waste streams including greenhouse gases).

The business model blends venture-studio economics with licensing/IP royalties: Triple Helix develops the science, pre-treatment processes, purification routines, equipment specifications, and people required to convert specific waste streams into valuable raw materials, then raises investment tickets from the market per OpCo to fund operations while the central IPCo retains IP ownership and supplies continuous updates to replicated facilities. Go-to-market is enterprise field sales — direct engagement with impact investors, chemical and materials industry players, industrial waste producers, and industrial CO2 emitters — supplemented by participation in panels, conferences, UNECE committees, and project consortia. The company does not engage in waste collection or general waste management; it positions itself as a downstream partner to waste managers and an upstream partner to the chemical industry, focusing exclusively on waste streams that lack economically viable systemic solutions. Customers are not named in disclosed materials, and revenue is not publicly disclosed, consistent with a pre-commercial or pilot-stage posture across its OpCo portfolio as of the latest reporting.

Name

Triple Helix

Legal name

Triple Helix Molecules Group

Website

https://triplehelixgroup.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Triple Helix is a Belgian circular venture studio that develops proprietary waste-to-raw-material conversion technologies across polyurethane recycling, electrochemical CO2 capture, mechanical recycling, and AI-driven sorting, spinning out operational companies per waste stream under a "Molecules as a Service" licensing model.

Ownership category

akta.pro rank

Product category

Circular Waste-to-Material Conversion

NAICS

Petrochemical Manufacturing (32511), Materials Recovery Facilities (562920), Research and Development in Biotechnology (except Nanobiotechnology) (541714)

SIC

Chemicals & Allied Products (2800), Industrial Organic Chemicals (2860), Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Circularity Consulting & Program Management (EPR, Design-for-Circularity, LCA) (EUAIANAH)

akta.pro secondary industries

Chemical Recycling & Depolymerization of Bio-based/Compostable Plastics (advanced recycling pathways) (IMANANAJ), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA), Solvent Recovery & Hazardous Waste Recycling/Reclamation (Distillation, Reuse) (BPALAFAH)

Keywords

• Circular venture studio
• Waste-to-raw materials
• Chemical recycling technology
• Carbon capture solutions
• Mechanical recycling processes

Headquarters

HQ city

Antwerpen

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Venture Studio / Investment Structure: Triple Helix creates solution companies for specific waste stream challenges. Investment tickets are raised from the market to fund operational companies. The IP company continues to innovate and supply updates to replicated OpCos globally.
2. Technology Licensing and IP Royalties: IP created covers the science and technology to convert waste streams into raw materials, including pre-treatment steps, purifications, handling routines, and equipment specifications. This IP is licensed to geographically replicated OpCos.
3. Operational Company Returns: Returns generated from operational companies (OpCos) that convert specific waste streams into valuable products, creating shareholder value through geographical replication of proven solutions.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Triple Helix operates a circular venture studio that develops technology, people, and assets for newly created solution companies (OpCos) converting specific waste streams into valuable raw materials and products. Its portfolio spans chemical recycling of polyurethanes via glycolysis (SurePUre), electrochemical CO2 capture with hydrogen and oxygen production (Electricon), mechanical recycling of solid and bio-based waste into construction products (G-BT ComBIND), AI-driven material sorting (C-Ray), and liquid/gaseous waste conversion (Alchemy). The "Molecules as a Service" (MAAS) architecture separates IP creation entities (IPCos) from operational companies to enable global replication of locally proven solutions.

Product overview

Triple Helix operates as a circular venture studio based on the 'Molecules as a Service' (MAAS) principle. The company develops technology, people and assets for newly created solution companies that convert specific waste streams into valuable products. The portfolio consists of multiple operational companies (OpCos) and IP companies (IPCos): G-PUR centralizes polyurethanes knowledge; SurePUre Antwerp operates the PU chemical recycling facility using glycolysis; Electricon International handles CO2 capture and hydrogen production; G-BT/ComBIND manages solid waste mechanical recycling into construction products; C-Ray provides AI-powered sorting and contamination detection; and Alchemy develops liquid/gaseous waste conversion solutions. This platform-plus-multiple-entities architecture enables geographical replication of proven solutions while maintaining global IP leadership.

Differentiator

Problem solved

Functional benefit

Brands

• G-PUR: Structure focused on generating intellectual property for polyurethane recycling
• SurePUre
• Electricon
• G-BT ComBIND
• C-Ray
• Triple Helix Alchemy

Products and services

• SurePUre Antwerp Operational company (OpCo) running a chemical recycling facility for end-of-life polyurethane foams in Port of Antwerp's NextGen District. Uses glycolysis and hydro-glycolysis processes to convert waste PU foams back into polyols and isocyanate derivatives for the chemicals and materials industry.
• G-PUR Intellectual property and knowledge hub for polyurethanes, centralizing expertise in PU recycling to be applied across operational companies and geographical replications globally.
• Electricon International Operational company (OpCo) capturing CO2 from point sources, maritime, and potentially direct air capture. Strips SOx, NOx, and other contaminants using electrochemical processes, producing pressurized CO2 for CCU/S sequestration along with hydrogen and oxygen by-products.
• G-BT ComBIND Operational company (OpCo) converting solid waste streams and bio-based waste streams (without interfering in the food chain) into valuable products through mechanical recycling processes including grinding, mixing, pressing, molding, printing, binding, and finishing. Outputs include circular construction materials and other end-market products.
• C-Ray Operational entity (OpCo) offering AI-powered sorting technology using non-destructive scanning, computer vision, and sensory devices for real-time material composition detection and contamination analysis in large incoming bulk streams of solids and liquids.
• Triple Helix Alchemy Portfolio company developing conversion and handling solutions for liquid and gaseous waste streams including greenhouse gases and industrial residual streams, using electrochemical and multi-technology combinations.

Quantifiable outcome

• Reducing harmful emissions and waste pollution by converting waste to raw materials
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mura Technology: UK chemical recycling company using hydrothermal/advanced processing to convert mixed waste plastics into cracker-ready feedstocks — comparable as a venture-style licensing/regional-replication operator in plastics-to-feedstock.
• Plastic Energy: UK-headquartered chemical recycling operator running pyrolysis plants to convert end-of-life plastics into feedstock for virgin plastic production; directly comparable as a venture-style chemical-recycling operator building licensed/regional plants.
• Climeworks: Swiss direct-air CO2 capture company deploying electrochemical/sorbent capture systems — the clearest comp for Triple Helix Electricon's electrochemical CO2 capture and H2/O2 co-product architecture.
• Agilyx: Norwegian/US chemical recycling specialist focused on converting waste plastics (including polystyrene and mixed streams) back into monomers — the same architectural problem Triple Helix addresses with its SurePUre polyurethane glycolysis platform.
• TOMRA Sorting Solutions: Norwegian sensor-based sorting leader using NIR/CV/AI for material identification in recycling and waste streams — the closest commercial analog to Triple Helix's C-Ray AI/CV sorting platform.
• Carbios: French biotech company developing enzymatic and biological depolymerization routes to recycle PET and now other plastics — same chemistry-led waste-to-monomer proposition as Triple Helix's PU chemical recycling stream.
• Carbon Clean Solutions: UK-based point-source CO2 capture technology provider targeting industrial emitters (including small sources) — directly comparable to Electricon's positioning around small-emitter (<100 kton/year) point sources.
• LanzaTech: US-listed carbon-capture-and-conversion company producing chemicals and fuels from captured CO2 and industrial gases via gas fermentation — comparable industrial-cofounder/venture-stage CO2-to-chemicals trajectory to Electricon.

Broad incumbents

• BASF: Global chemicals giant with active chemical recycling and circular materials programs across polyurethanes, plastics and feedstocks — overlaps with essentially every OpCo in Triple Helix's portfolio.
• Eastman Chemical: US specialty chemical incumbent with a major 'molecular recycling' (methanolysis) program for PET and polyesters — competes broadly with Triple Helix's chemical-recycling stack at much larger scale and balance sheet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/triple-helix-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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 Triple Helix