Radical Dot raises €2.7 million to revolutionize chemical plastic recycling with breakthrough technology.
Munich, Germany, 03/03/2025 — Radical Dot, an early-stage climate deep tech start-up scaling a disruptive chemical recycling technology, announced the successful closing of its oversubscribed €2.7 million Pre-Seed fundraising round. The round was led by UVC Partners and Visionaries Tomorrow, with participation from reputed climate tech leaders and business angels, including Jeremy Oppenheimer (Managing Partner at Systemiq), Thomas Tuchscherer (ex-CFO at Snowflake, Navan, Talend), Lord Adair Turner (Chair of the Energy Transition Commission), Pjotr van Schothorst and Philippe Tardy.
The chemical recycling landscape has seen numerous setbacks, with high energy costs and low virgin plastic prices driving many companies out of business. The chemical industry, responsible for approximately 4% of global greenhouse gas emissions, urgently needs scalable, cost-effective solutions to source non-fossil carbon. Historically, energy-intensive processes, high sorting costs, and a low tolerance for mixed input materials have left many recycling ventures unable to compete with fossil-based plastics.
Radical Dot's novel low-temperature catalytic process efficiently transforms mixed plastic waste while significantly reducing energy consumption. The technology ensures the production of cost-competitive chemical building blocks, paving the way for a sustainable and financially viable circular economy.
"Radical Dot is pioneering new recycling technology, turning waste into valuable cost-competitive chemicals while drastically reducing emissions" said Dr. Andreas Wagner, co-founder and CEO of Radical Dot.
The funds raised will be instrumental in building a continuously operated prototype at Radical Dot’s facility at the Technical University of Munich (TUM), serving as a platform for future scaling and customer engagement.
Amanda Birkenholz from UVC Partners emphasized: "Radical Dot addresses a critical market need by turning plastic waste into green carboxylic acids. As industries shift toward sustainable solutions, the demand for green chemicals has never been greater. This is more than an economic opportunity—it’s a chance to drive global change by reducing plastic waste and creating a more sustainable future for the chemical industry."
Dr. Iris ten Have from Visionaries Tomorrow added:
"Unlike most other plastic 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 favorable process economics. By being cost-competitive, their innovative approach has the potential to redefine the industry with immense economic and environmental impact."
Radical Dot's goal is to build a technology platform undercutting fossil prices, aiming to process up to 20% plastic waste globally and abate over 500 million tons of CO₂e annually. This aligns with the recently passed EU Plastic Packaging Waste Regulation (PPWR) and the industry's need for renewable, cost-competitive solutions.
Founded by Dr. Andreas Wagner and Alexandre Kremer, the startup emerged from TUM Venture Labs ChemSPACE. The founders previously led Planet Positive Chemicals at Systemiq, developing the first global roadmap for the chemical industry's net zero transition. They were driven by the growing opportunity in the field in contrast with the chemical industry’s lag in meeting sustainability targets and fostering innovation compared to other sectors. As co-founder Alexandre Kremer stated:
“Having witnessed the devastating impacts of plastic pollution firsthand while building waste management infrastructure in Indonesia as part of Project STOP, I have dedicated my career to transforming plastic waste from a societal burden into a valuable resource that drives a sustainable economy.”
About Radical Dot
Founded by Dr. Andreas Wagner and Alexandre Kremer, Radical Dot operates at the intersection of chemical innovation and environmental sustainability. Leveraging over a decade of experience in plastics, waste management, and sustainable chemistry at Systemiq the team has developed a ground-breaking process to transform plastic waste into valuable chemical products. Headquartered in Munich, Radical Dot is hosted at TUM Venture Labs ChemSPACE, where it continues to advance its technology and impact.
Learn more at https://radicaldot.com/
About UVC Partners
UVC Partners is a leading venture capital firm that invests in European B2B tech startups. With more than €600 million in assets under management, the VC typically invests between €1 to €10 million initially and up to €30 million per startup in the areas of DeepTech, ClimateTech, Mobility, and Software/AI. UVC Partners' investment portfolio includes Flix, Isar Aerospace, planqc, Proxima Fusion, Reverion, Tacto, TWAICE, DeepDrive, STABL, and many more. All portfolio companies benefit from the team's extensive investment and exit experience, their ability to build sustainable category leaders, and the network of UnternehmerTUM enabling them to speed up market entry.
Learn more at www.uvcpartners.com.
About Visionaries Tomorrow
Visionaries Tomorrow is an early-stage venture capital fund investing in mission-driven founders working on breakthrough technology to rebuild the fundamentals of the world’s largest industries. By connecting industrial transformation tech startups with the expertise and scaling know-how of Europe’s leading industrial giants and family businesses, Visionaries Tomorrow supercharges the pioneers of the next industrial revolution from lab to global scale–for a cleaner, more competitive future.
Learn more at https://tomorrow.vc/
For media inquiries, please contact:
Alexandre Kremer, Co-founder Radical Dot
Jana Petry, Investment Manager UVC Partners
Dr. Iris ten Have, Principal Visionaries Tomorrow
