Radical Dot announces the completion of its oversubscribed €2.7 million pre-seed financing round. In addition to UVC Partners and Visionaries Tomorrow, climate tech executives and business angels, including Jeremy Oppenheimer, Thomas Tuchscherer, Lord Adair Turner, Pjotr van Schothorst, and Philippe Tardy, invested. The capital will be used to develop a prototype at the Technical University of Munich (TUM) to advance the scaling of the technology.
The Startup was founded in 2024 by Andreas Wagner and Alexandre Kremer. Radical Dot aims to convert plastic waste into valuable chemical products. The specially developed Recycling technology uses a low-temperature catalytic process that efficiently processes mixed plastic waste and significantly reduces energy consumption.
Andreas Wagner, co-founder and CEO of Radical Dot, explains:
“Radical Dot is pioneering a new recycling technology that transforms waste into valuable, competitive chemicals while drastically reducing emissions.”
Investors attest to Radical Dot's immense market potential
The chemical industry is responsible for around four percent of global greenhouse gas emissions and urgently needs scalable solutions to reduce fossil fuels.
Amanda Birkenholz from UVC Partners emphasizes:
"Radical Dot addresses a critical market need by converting plastic waste into green carboxylic acids. As industry shifts to sustainable solutions, the demand for green chemicals has never been greater. This is more than an economic opportunity—it's an opportunity to drive global change by reducing plastic waste and creating a more sustainable future for the chemical industry."
Iris ten Have from Visionaries Tomorrow adds:
"Unlike most other plastics recycling technologies, which are energy-intensive and often limited to processing very clean plastics or a single specific polymer, Radical Dot's unique technology enables the upcycling of mixed plastic waste into valuable chemicals with low process costs. Radical Dot's innovative approach is competitive and has the potential to redefine the industry—with immense economic and environmental impact."
The startup emerged from the TUM Venture Lab Chemspace and is working on a technology platform that aims to recycle up to 20 percent of global plastic waste in the long term and save more than 500 million tons of CO₂ annually. It is thus making an important contribution to the circular economy and the transformation of the chemical industry.
