Evoralis

Evoralis is a UK-based startup specializing in the discovery and development of plastic-depolymerizing enzymes. The company's technology focuses on breaking down plastics such as polyester (PET), nylon (PA), and elastane (PUR) into their original building blocks, which can then be recovered to create virgin-like materials. Evoralis reports its primary emphasis is on the textile industry, and claims its to make over 80% of textiles recyclable, including previously non-recyclable mixed and blended fibers.

Evoralis' technology utilizes a patent-pending microfluidic ultra-high-throughput screening platform, developed at the University of Cambridge. This platform, combined with bioinformatics, is claimed to accelerate enzyme screening by up to 1,000x compared to traditional methods. Evoralis claims this allows it to discover and optimize the most effective enzymes at an unprecedented pace, reducing the time from discovery to market. The company also claims it can develop tailored enzymes for specific plastics, including those with additives and contaminants.

Evoralis reports that it operates on a capital-light business model, focusing on enzyme sales and licensing of bioprocess know-how, enabling the company to scale quickly. The company has not commercialized its product as of September 2024.