The Japan-based company has created a bio-based alternative to petroleum-derived absorbents, which reduced water and fertiliser use in agriculture.
EF Polymer plans to extend into the cosmetics and personal care sector.
Expanding Market Reach and Cumulative Sales Growth
Found in 2020, the company has reached the Japanese, American, and French markets – making over 400 tonnes in cumulative sales by 2025. The company’s success is due to rising concerns over drought and fertiliser costs driven by climate change.
EF Polymer has developed non-agriculture products such as a biodegradable ice pack, co-developed with Iwatani Corporation.
R&D Focus Areas to Accelerate Innovation
EF Polymer will prioritise R&D efforts across the following areas:
- Raw material innovation: Diversifying sources beyond orange and banana peel
- Circular manufacturing: Building a closed-loop, sustainable production model
- Scaling production: Pilot and implementation of multi-site manufacturing
- New product development: Expanding polymer applications outside agriculture
Funding to Scale Global Business Operations
The latest funding will be used to accelerate R&D, expand business development activities, and establish an overseas manufacturing facility.
Narayan Gurjar, founder and CEO of EF Polymer, said: "EF Polymer exists to solve water-related challenges and improve the lives of farmers. We believe our technology can create sustainable impact across many industries.
This Series B funding marks a major step forward in scaling our solutions globally and building a truly circular, sustainable business. We're excited to work with partners who share our vision and to continue creating long-term value for both society and the planet."
