INVESTMENTS SECURED FROM NETZSCH & DOEN PARTICIPATIES | COMPANY UPDATE

Making recycled plastics the norm by 2030.
Veridis secures NETZSCH and DOEN Participaties funding to bring the new quality measurement standard (MADSCAN) to the market.
13th of February 2024 – Eindhoven & Amsterdam. Investor NETZSCH and impact investor DOEN Participaties invest in Veridis to bring MADSCAN to the market. With its secured funding, in 2024 and 2025, Veridis will build and run customer pilots with its innovative MADSCAN technology. First in the Netherlands and Germany, having two of the most developed and well-connected plastic recycling industries in Europe. Then, the company will roll out its MADSCAN (eco)system across Europe, realizing its vision of a standardized quality control method for EU plastic recycling


RECYCLING QUALITY | RESEARCH HIGHLIGHT

Maximising Recyclate Quality in Plastic Processing: Insights from Compounding Companies
Accurate measurement and characterisation of plastic waste streams can improve plastic recycling processes, according to findings from a recent study.


HOLISTIC METROLOGY: EXPLAINER

Measuring up to the challenge of plastic recycling: the importance of holistic metrology for circular plastics.
To move towards a circular economy, we need to increase the yield and quality of recycling processes. Adoption of a holistic metrology approach is essential to do this.
Holistic metrology is a method of measurement that takes into account the entire system and all of its variables rather than just one isolated aspect. In plastic recycling, this means looking at not just the composition of the plastic itself but also the conditions under which it is processed, the available technologies, and the end-use applications. By considering all of these factors together, it is possible to make more informed decisions about how to recycle plastic waste best.


GREEN ALLEY AWARD ♻️

We are excited to announce that Veridis is among the top 20 companies in the running for the Green Alley Award 2023.


KICKING OFF 2023! 🚀

Last week, (nearly) the entire team of Veridis came together for our kick-off for 2023! We presented and discussed our journey thus far and what we will focus on in the new year, followed by a moment to bond as a team over some drinks and snacks. Seeing Veridis grow from a project started by four student founders to such a group of hard-working,


NEW YEAR!

New year, new steps towards a circular economy.
We hope you had a safe and enjoyable holiday season and are excited to start the new #circulareconomy year with you. Our top priority for this year is to contribute to the transition towards a circular plastics economy together with you.


Eye-Openers

We are featured on the Eye-openers platform to explain our value in a short and clear format.


CIRCULAR CHAIN PROJECT ♻️

We’ve kicked off our circular chain project to make the production process of the Rainblock even more sustainable.


FIRST -EVER ADVISORY BOARD MEETING

We have started holding our quarterly advisory board meetings to help tackle our greatest long-term challenges as a company. We see this as an important tool to make sure we are focussing on the right things and to make sure these are included in our company strategy. And this all happens through insightful discussions with our board members.
Thank you, Sven, Jurgen, and Ivo for your valuable insights!


We are looking for a Senior Business Developer!

We have an open position for an experienced business developer to scout market opportunities, define the market- and customer- propositions, and realise business deals. Your core job is developing new partnerships and potential customer relations across the waste-to-product value chain and validating product use case scenarios.


New demo at our next conference!

Visit our team tomorrow and Thursday at the Kunststoffenbeurs in the Brabanthallen in Den Bosch. Nigel Visser, Marie-José Wolters & Mathijs Kuil will be at our stand in Hall 2, stand 260B.


Internship alert!

This week Stijn van Aartsen is finishing his internship and as a part of this, he presented his work last Thursday at the High Tech Campus Eindhoven. In his extensive study, he developed an innovative method to analyse the MADSCAN data, providing more information on the polymer fractions and properties. A big step forward, thank you, Stijn!


Visit us at the Plastics Recycling Show Europe!

In two weeks we will exhibit at the Plastics Recycling Show Europe in RAI Amsterdam. June 22nd & 23rd, we will showcase our MADSCAN technology at stand E72. We are providing a crucial step in the circularity of plastics through the identification and analysis of high-quality, recycled materials. Have a look at this link for more information or visit stand E72.


Final of the Philips Innovation Award today!

We are super excited to be part of the final of the Philips Innovation Award. See Nigel Visser & Mathijs Kuil explain in the short movie why we need to win! Tune in via the live stream at 19:30 to see Mathijs Kuil’s pitch: https://lnkd.in/grciNeYt.


Special lab visit

22-04-22
Yesterday, Martijn van Gruijthuijsen, deputy of the Provincie Noord-Brabant, visited our lab to sneak peek at our technology. Together with Gerard Spanbroek from Brabant Startup Fonds, we will work towards enabling recycling 2.0.
The MADSCAN technology provides a crucial step in the circularity of plastics through the identification and analysis of high-quality, recycled materials.


Global recycling day

18-03-22
Plastic recycling is facing big challenges, which require new innovative solutions. Earlier this month, 175 nations signed the historic UN resolution in Nairobi to ‘end the global scourge of plastic pollution’. This resolution will lead to large challenges in recycling. With Veridis we aim to offer a solution for these challenges, through a new analysis for high-quality plastic recycling.


Another internship has finished!

Last week, Tom Willaert gave his final presentation. With this background in Applied Physics, he worked on improving our signal analysis. Tom also worked on a new model for the optimization of yield and quality in sorting facilities through the MADSCAN technology. Good luck, Tom!
Would you like to be part of the team that is redefining plastic recycling and accelerating the shift to a circular economy?


ExtremeTechChallenge Netherlands & Belgium finalist!

04-03-22
We are very happy to announce that Veridis has been selected as a finalist of the Extreme Tech Challenge Netherlands & Belgium!
We will deliver our amazing pitch on the 24th of March at the High Tech Campus Eindhoven. Also, a well-deserved congratulations to the other startups in the HighTechXL family on reaching the final!


Philips Innovation Award Semi-Finalist!

01-03-22
We are proud to be chosen as Semi-Finalist of the Philips Innovation Award. On Thursday, Mathijs Kuil & Wessel van der Woude visited the Investor Day at YES! Delft. 1st of April there will be a live pitch to become a finalist.


Internship finished

Today, Pepijn Kruidenier finished his Data Generation and AI internship with us. In his final presentation, he showed the application of GANs and Cycle GANs to improve the MADSCAN technology. A big thanks to Pepijn!


A new Veridis milestone

Just before the end of 2021: we detected a 1% impurity in a plastic mix of 2 grams using the proof of concept of our MADSCAN technology. Through daily testing on different plastic samples, we were able to improve our data analysis. This means we are ready for the first commercial tests with the MADSCAN!


Meet us today and tomorrow at the PRSE 2021

04-11-21
Nigel Visser, Marie-José Wolters, Mathijs Kuil, Floris Gerritsen & Wessel van der Woude will be at the PRSE 2021 in the RAI Amsterdam.
Come talk to us about our MADSCAN. We are providing a crucial step in the circularity of plastics through the identification and analysis of high-quality, recycled materials.


Not one, but two nominations!

Out of 4000+ applications, we are selected as Deep Tech Pioneer by Hello Tomorrow! We are recognized as one of the most promising deep-tech projects to date. The nomination gives us the opportunity to engage at the biggest deep tech event, the Hello Tomorrow Global Summit on 2 and 3 December.


We have won the ING Circulair Entrepreneurship Price!

We are super proud to tell you that we have won! Yesterday, Nigel Visser received the award on Duurzame Dinsdag. Great to see our mission to revolutionize plastic recycling is recognized and supported. With the identification and analysis of high-quality, recycled materials we are providing a crucial step in the circularity of plastics.


IPCC report

Do you want to work on a solution tackling climate change ❓
There is ‘high confidence’ that the recent growth in emissions is driven by waste management according to the new IPCC report. In earlier reports, the energy-intensive production processes of plastic were already identified as the main causes of climate change. Recycling is the solution to replacing these energy-intensive production processes in plastic.


Pitch @ XL Day

Last week our CBO Wessel gave our pitch at the first big live event since we joined the HighTechXL program. And he did an amazing job!? 
This was a spectacular way to finish the nine-month program and we can’t wait to show you what comes next! Click here to see more details from the event provided by Dispatches Europe.


10-07-21
See us live at HighTechXL’s XL DAY on July 16th! ⏰
After nine months of hard and rewarding work, we are nearing the end of the HighTechXL venture-building program. As one of their “Covid Cohorts,” we will be pitching our company in front of many investors, multinationals, experts, and more. The event will be both online and in-person. It will be our first pitch on stage for such a big audience and we can’t wait!


09-07-21
We have successfully conducted the TopSector Energy Industry (TSE Industry) subsidy research focused on further research into the analysis of recycled plastics and system-specific research questions. We are very grateful for the governmental support in our journey to help plastic recycling take the next step.


11-06-21
Pitch, pitch, pitch!
Yesterday, we presented at the Innovative and Sustainable Packaging Event from Kennisinstituut Duurzaam Verpakken (KIDV). As an innovator in plastic recycling, we discussed our technology with experts from the packaging industry. Also great to hear from experts like Martine Brandsma from Nationaal Testcentrum Circulaire Plastics on how to tackle the problems in plastic packaging.
Our MADSCAN technology is a crucial step in the availability of recycled plastics in packaging. It allows quality control for the highest quality at sufficient quantity in recycled materials.


27-05-21
Our CEO Nigel Visser has been selected as one of the 200 nominees for the Sustainable Young 100. Please vote here and get Nigel and Veridis to the Nr. 1 spot!


21-05-21
We keep on going and growing!
We are through phase 3 of HighTechXL‘s Venture Building program. This means we keep on working towards the revolution in plastic recycling with the help of the great people at HighTechXL. During the program, we were able to grow the team and venture for our Minimum Viable Product.


12-04-21
This week, we will showcase at the Hannover Messe!
The world’s leading trade fair for industrial technology. Our CEO Nigel Visser will showcase how we approach the revolution in plastic recycling. Our innovative quality control for plastic recycling fits with improved industrial standards for recycled plastics.


07-04-21
We are proud to be chosen as one of the 11 startups to join the Alliance to End Plastic Waste!
The Alliance to End Plastic Waste entails 50 multinationals, with the common goal of reducing plastic waste. Our innovative technology was recognized to do just that, and we are excited to join this movement. Through the End Plastic Waste platform, we can showcase our innovative technology and accelerate towards a circular plastics economy.


02-02-21
We have completed Phase 1 of HighTechXL‘s Venture Building Program ✔️.
Together with their help, we have built a strong foundation for analysis in plastic recycling. Now, we will move forward and continue developing through phase 2.


A successful pitch at XL-Day

We pitched at HighTechXL‘s XL-Day. It was a great opportunity and experience to pitch in front of more than 200 people including many investors and potential partners. And, even more important, the audience was convinced that plastic recycling could be improved drastically with our solution.


15-10-20
We have received a subsidy of €70.000 through the TopSector Energy Industry (TSE Industry) for further research into the analysis of recycled plastics. ?


5-10-20
We are very happy to announce we have officially joined the high-tech startup accelerator HighTechXL, part of the International Top Five List of Startup Accelerators by Perceptionbox. In this 9-month program, we will develop all the aspects of our business and product as well as receive many opportunities to pitch to investors and interesting parties.


17-08-20
We were mentioned by the the President of the Vrije Universiteit Amsterdam Mirjam van Praag in an interview about the energy transition: amsterdameconomicboard.com/nieuws/de-energietransitie-bestaat-uit-heel-veel-deeloplossingen


10-07-20
On 10-07-20 Veridis was officially incorporated in Amsterdam with the help of Notariskantoor Van Zaane. ?


17-05-20
For the first time since the initial idea for a scaled-up DSC, we have identified the plastic melting peak of HDPE using a two-gram proof of concept version of our envisioned product.