Canada · Plastics startup

UpSolv

UpSolv is a Montreal-based cleantech company specializing in recycling hard-to-recycle thermoplastics, particularly polystyrene (PS) and ABS.

Funding reportedLast round: Series B

PlasticsMontreal, Canada

About UpSolv

UpSolv is a Montreal-based cleantech company specializing in recycling hard-to-recycle thermoplastics, particularly polystyrene (PS) and ABS.

The company uses a patented low-temperature, low-pressure dissolution process to transform contaminated plastic waste into high-purity, virgin-grade polymers. Originally founded as Polystyvert Inc. in 2011, UpSolv rebranded in 2024-2025 to reflect its broader focus on various thermoplastics beyond Styrofoam. UpSolv's core service involves recycling by dissolution and purification, which emits up to 90% less greenhouse gas compared to traditional virgin plastic production. The company offers recycled polystyrene (rPS) as a competitively priced alternative to virgin materials, along with custom purified resins for ABS, polypropylene (PP), and polyethylene (PE). UpSolv serves multiple industries, including packaging, construction, electronics, automotive, pharmaceuticals, and toys, providing sustainable materials that meet industry specifications without compromising performance or cost.

What company datasets say UpSolv raised

Funding, as reported

Reported in all28.9Min the source's currency
Last roundSeries B
Last round size11.7M
Last round dateJul 2024
Investors listed5

Founders and team

From UpSolv's own website: 2 on the team.

  • Jan-Willem MullerDirector
  • Marien BélangerSenior Project Director

The company, in detail

What they build

Known for

recyclage plastiquerecyclage de polystyreneserviceschemicalsplastics manufacturingb2brecyclage abs

Built with from their website

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Sector
Plastics
Industry code
NAICS 325211, SIC 2821
Region
Quebec
Revenue
5.9M a year, as listed

Plastics in Canada

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