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Metabolix
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Short description

Metabolix is a developer of environmentally sustainable and biodegradable plastic as a clean alternative to petroleum-based plastics

Founded in 1992
Founded in

Company type Public Public (MBLX)
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Cambridge, MA Cambridge, United States
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Updated by Cleantech Group on 08/17/2021

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  • 1 M&A items
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Date Partner Type
03/05/2015
Honeywell Honeywell
Metabolix and Honeywell have partnered to develop biodegradable biopolymers for use in cosmetics and personal care products. The new biobased microbeads can replace their synthetic, non-biodegradable plastic counterparts, which have been found in large quantities in the Great Lakes. Legislation is pending to ban microbeads.
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Confirmed by Honeywell
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IPO INFORMATION

Date

11/09/2006

IPO status

Listed

IPO Type

IPO

Amount

$95.2M

Initial shares

6800000

Ticker symbol

MBLX

Exchange listed

NASDAQ

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Date Investors Type Amount
10/07/2015 Aspire Capital Fund Aspire Capital Fund (1)
Post-money valuation of
Under terms of the agreement, Aspire has committed to purchase up to $20 million of Metabolix’s common stock over a 30 month period beginning on the effective date of the registration statement relating to the transaction.
 PIPE $20,000,000
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