Genecis Bioindustries Inc. logo — We turn organic waste into biodegradable plastic.

Genecis Bioindustries Inc.

We turn organic waste into biodegradable plastic.

Founded 2017 Canada Scarborough, Canada 16 employees Grant Total: $15.73M Biotechnology, Waste Solution

General Information

Company Name Genecis Bioindustries Inc.
Founded Year 2017
Location Canada Scarborough, Canada +1
Employees 16
Industries Biotechnology, Waste Solution
Funding Stage Grant
Social

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About Genecis Bioindustries Inc.

Genecis Bioindustries Inc. is a biotechnology startup based in Canada, founded in 2017. The company's slogan "We turn organic waste into biodegradable plastic" summarizes their mission to solve the climate crises of organic waste and plastic pollution. Genecis utilizes innovative technology to convert organic waste into PHA (Polyhydroxyalkanoate), a biodegradable and non-toxic polymer, offering a circular economy solution for waste valorization and sustainable product development.

Genecis' latest investment of $150.00K came in the form of a grant investment on 14 June 2023 from Ontario Genomics. This financial backing reflects confidence in the company's potential to make a significant impact in the bioplastics industry.

The company collaborates with businesses interested in integrating PHA into their supply chains, providing custom polymer and product development, as well as co-branding opportunities. Genecis' approach not only addresses the environmental challenges posed by plastic waste but also offers a cost-effective and lower-emission alternative to traditional plastic production. With its focus on creating a sustainable and circular economy, Genecis Bioindustries Inc. holds promise for both environmental impact and economic growth.

Taxonomy: Bioplastics, Circular Economy, Sustainable Materials, Waste Valorization, Compostable Materials, Synthetic Biology, Climate Technology, Polymer Development, Biodegradable Materials, Food Waste

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 14 Jun 2023
Venture Round •••••• 2
Investor Investor
01 Feb 2023
Debt Financing •••••• 1 •••• •••• 05 Aug 2022
Series A •••••• 9
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
05 Aug 2022
Seed Round •••••• 2
Investor Investor
28 Oct 2021

View All 11 Funding Rounds

Genecis Bioindustries Inc. Alternatives & Competitors

Genecis Bioindustries Inc. vs

Bio-PLAstic from Sludge

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Genecis Bioindustries Inc. vs
Griffin
Griffin Finland

Waste reimagined

Series Unknown
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Genecis Bioindustries Inc. vs
RWDC Industries
RWDC Industries United States

Harnessing nature to produce materials we use daily.

Series B
65 employees
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FAQ About Genecis Bioindustries Inc.

We turn organic waste into biodegradable plastic.
Genecis Bioindustries Inc. was founded in 2017.
Genecis Bioindustries Inc. is headquartered in Scarborough, Canada.
Genecis Bioindustries Inc. operates in the following industries: Biotechnology, Waste Solution.
Genecis Bioindustries Inc. has approximately 16 employees.
Genecis Bioindustries Inc. has completed 11 funding rounds, raising a total of $15.73M. The latest funding stage is Grant.
Top alternatives and competitors to Genecis Bioindustries Inc. include B-PLAS Sbrl, Griffin, RWDC Industries, Earth Protex, Poliloop. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Genecis Bioindustries Inc. and B-PLAS Sbrl are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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