Plastic Bank
Produces blockchain-traceable recycled 'Social Plastic' feedstock and 3D printing filament, converting ocean-bound waste into certified sustainable manufacturing materials.
- CEO / Founder
- David Katz
- Team Size
- 201-500
- Stage
- Active
- Total Funding
- $14M
- Latest Round
- Venture Round
- Key Investors
- Cognition Foundry
Technology & Products
Key Products
Social Plastic® Feedstock (PET, HDPE, LDPE, PP); Recycled 3D Printing Filament; Plastic Credit & Offset Programs; Blockchain Traceability & Impact Platform
Technological Advantage
CLAIMED: Proprietary blockchain platform ensures audit-ready traceability, prevents double-counting of plastic credits, and enables real-time impact reporting. VERIFIED: Enterprise integrations with IBM, Henkel, and SC Johnson validate the platform's compliance and supply chain reliability. DEFENSIBLE: High switching costs due to established collection networks in 6+ countries, proprietary digital token ecosystem, and verified ESG certification that competitors cannot easily replicate without similar ground-level infrastructure.
Differentiation
Value Proposition
Reduces virgin plastic procurement costs while providing auditable ESG compliance and plastic neutrality credits, turning corporate sustainability mandates into a verified, scalable supply chain advantage.
How They Differentiate
Unlike traditional recycled filament producers that compete primarily on material specs and price, Plastic Bank integrates a verified social impact layer and enterprise-grade blockchain traceability, enabling corporate partners to meet EPR/ESG mandates while sourcing certified recycled feedstock at industrial scale.
Market & Competition
Target Customers
Consumer goods brands, packaging manufacturers, and additive manufacturing companies seeking certified recycled polymer feedstock and ESG-compliant supply chains.
Industry Verticals
Additive Manufacturing; Consumer Packaged Goods; Packaging; Sustainability & ESG
Competitors
Refil; 3D-Fuel; Filamentive
Growth & Milestones
Growth Metrics
Collected over 8.1 billion plastic bottles; 11 million kg of ocean-bound plastic recovered; ~189 employees across 6 continents; operations in 6 countries.
Major Milestones
Founded in 2013 by David Katz and Shaun Frankson; Launched Social Plastic® blockchain traceability platform (2016); Surpassed 8.1 billion bottles collected (2024); Expanded collection and processing operations to 6 countries across Asia, South America, Africa, and North America
Notable Customers
Henkel; SC Johnson; Google; IBM; Ocean Bottle