The strategy of ICOS is to accelerate sustainability by investing in breakthrough technologies with proven scalability and clear market traction. ICOS Capital is headquartered in Amsterdam. Next to ICOS Capital, the regional investment company Oost NL as well as Nationaal Groenfonds (The Dutch National Fund for Green Investments) joined ICOS in this investment round. Nova by Saint-Gobain, the venture arm of Saint-Gobain, worldwide leader in light and sustainable construction, already completed their investment and collaboration agreement in 2024.

Peter van Gelderen, general partner of ICOS, quotes: “We are very pleased to invest in Plantics at this important moment. Plantics is an internationally recognized pioneer in sustainable bio-based material technologies. Currently the company is scaling up its capacity to meet growing customer demands. In this growth phase we can really add value to the company.”

Wridzer Bakker, CEO of Plantics adds: “After Saint-Gobain last year, we are very proud to onboard another top professional shareholder. Plantics fits very well in the investment profile of ICOS as our company has a sustainable competitive advantage and contributes to the reduction of CO2 emissions. ICOS will provide us with financing, hands-on support and access to their network.”

About ICOS Capital
ICOS brings together fast growth innovators with sector leading corporations to facilitate growth with deep financing, engineering and production expertise, infrastructure and market access. Learn more by visiting www.icoscapital.com.

About Plantics B.V.
Plantics builds on a revolutionary invention resulting in a unique group of 100 percent biobased circular thermoset resins and the world’s first 100 percent biobased circular thermoset materials. Recognized as one of the most promising biomaterials companies, Plantics, together with its partners, develops high-quality, circular and CO2 negative products. Learn more by visiting www.plantics.com.