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§ Private Profile · Cambridge, MA, USA
MacroCycle Technologies is a technology company.
MacroCycle Technologies focuses on reviving end-of-life plastics through a circular, zero-carbon upcycling process, producing virgin-grade PET and polyester resins.
MacroCycle Technologies has raised $7.0M across 1 funding round.
MacroCycle Technologies has raised $7.0M in total across 1 funding round.
MacroCycle Technologies has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Seed in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2025 | $7M Seed | Volta Circle | Clean Energy Ventures, Andrew Byrnes | Announced |
MacroCycle Technologies is a cleantech startup founded in 2023 that develops a patented chemical recycling process to upcycle low-value PET plastic waste—such as bottles, flakes, and poly-cotton textiles—into virgin-grade PET and polyester pellets with zero carbon emissions and 80% lower energy use than traditional methods.[1][2][3][4] It serves plastic manufacturers, textile producers, and brands seeking sustainable materials by solving the problem of inefficient recycling, enabling true circularity without degrading material quality or relying on fossil fuels.[1][3] The company has gained early traction through awards like MassCEC funding, SBIR Phase I grants, and $6.5M in financing, positioning it for pilot-scale production and a 1,000-ton commercial plant within two years.[3][4]
MacroCycle was founded in 2023 by Stwart Peña Feliz (CEO, former ExxonMobil process engineer with an MBA from MIT Sloan '23) and Jan-Georg Rosenboom (CTO, polymers innovator), emerging from MIT's entrepreneurial ecosystem including Delta V and climate catalyst programs.[1][2][3][4] The idea stemmed from addressing plastic waste's end-of-life burden, leveraging chemistry to create macrocycles—cyclic oligomers that preserve and extend polymer chains for upcycling without energy-intensive depolymerization.[1][3] Early pivotal moments include Greentown Labs membership, Breakthrough Energy Fellows recognition, and a Rice Alliance showcase, building on Stwart's experience scaling climate tech to a $30M Series B and Jan-Georg's technical expertise.[2][4]
MacroCycle rides the plastics circularity trend, fueled by consumer demand, regulations, and explosive growth in recycled PET/polyester markets amid fossil fuel phase-outs.[1][3] Timing is ideal post-2023 founding, aligning with global net-zero pushes and cleantech funding surges, as seen in their $6.5M raise and grants from MassCEC/SBIR.[4] Market forces like scope 3 mandates favor their premium, zero-carbon pellets, disrupting a recycling sector limited to high-quality inputs.[1] By enabling ocean-bound waste diversion and fossil-free production, MacroCycle influences the ecosystem, partnering via Boston's cleantech hubs like Greentown Labs to scale solutions for textiles and packaging.[2][4]
MacroCycle is primed for rapid scaling: launching a customer-facing pilot soon, followed by a 1,000-ton commercial plant in two years, with $500K+ funding fueling growth amid rising recycled content mandates.[3][5] Trends like EU/US plastic taxes and corporate sustainability goals will accelerate adoption, potentially expanding to other polymers. Their influence could evolve from niche innovator to sector leader, redefining recycling as profitable upcycling and slashing emissions at scale—transforming plastic waste from burden to resource, as their tech promises.[1][3]
MacroCycle Technologies has raised $7.0M in total across 1 funding round.
MacroCycle Technologies's investors include Volta Circle, Clean Energy Ventures, Andrew Byrnes.