From Stealth to Scale: Epoch announces $12M raise to deliver first demo plant

When we first met Jacob Nathan back in late 2020, Epoch Biodesign was a small team in stealth mode with a massive ambition. It was clear that Jacob wasn't just looking for a marginal improvement in recycling; he wanted to build a platform to rewrite the rules of industrial chemistry. He epitomised the kind of founder that we built Zero Carbon to support, so we joined Epoch’s seed round. A year ago, we celebrated their $18M Series A raise, led by Extantia Capital and joined by our LPs Kibo Invest and Happiness Capital.

Today, we are thrilled to celebrate another major milestone in that journey: Epoch has closed a $12M strategic funding round, bringing their total capital raised to over $50M. We’re particularly pleased that, not only are existing investors Extantia, Kompas and Happiness doubling down on Epoch, but the new investors joining the round signal a new level of customer interest in their work - lululemon and Leitmotif, a VC fund backed by VW. Recycling nylon 6,6 is a massive problem for both the athleisure clothing industry, and the automotive industry, and this round signals a shift in how the world’s most demanding industries view the future of materials.

Our Original Rationale: The Shift from Heat to Biology

Our early investment in Epoch was rooted in a simple thesis: The 20th century was defined by industrial products made through massive amounts of heat and pressure; the 21st century will be defined by industrial adoption of biology.

Traditional plastic production is carbon intensive, reliant on feedstocks and high heats both provided by petrochemicals. It is linear, ending in incineration or landfill. Moreover, it is inextricably linked to the volatility of the global oil market.

We backed Epoch because they were developing a way to use AI-engineered enzymes to perform a low-temperature biological process to deconstructing plastic waste back into its original chemical building blocks. By doing this, they promised a future where we could create virgin-quality plastic - without a single drop of new oil.

True Circularity: Beyond the "Green Premium"

The latest news - covered by TechCrunch - proves that this vision is now reaching commercial scale. Lululemon’s investment isn't just about sustainability optics; it’s about protecting their supply chain from geopolitical shocks and decoupling the cost of their high-performing materials from oil prices. Epoch can recover 90% of the material from discarded textiles in the form of monomers indistinguishable from those currently derived from petrochemical feedstocks.

What’s Next: From London to the World

This new funding will accelerate Epoch’s commercialisation strategy across the clothing, automotive, and industrial sectors. Most excitingly, it supports the completion of their demonstration nylon 6,6 biorecycling facility currently under construction in West London. Following their recent MoU with INVISTA, the world’s largest nylon producer, Epoch is moving rapidly from multi-tonne tests today to hundreds of tonnes with the new demo plant.

At Zero Carbon Capital, we feel fortunate to have been part of the family since the stealth days. Seeing the team transition from a brilliant idea to a global leader in biorecycling reaffirms our belief that the smart application of biology is one of the most powerful tools we have to solve the climate crisis.

Congratulations to Jacob and the entire Epoch team. We no longer need to look underground for the future of plastics; we just need to close the loop.

Risk to capital

This website is intended solely for professional clients and eligible counterparties.

Zero Carbon Capital Limited is an appointed representative of Sapphire Capital Partners LLP which is authorised and regulated by the Financial Conduct Authority. Sapphire Capital Partners LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 565716). Registered office: 28 Deramore Park, Belfast, BT9 5JU, United Kingdom.

Zero Carbon Capital Limited is registered in England and Wales (Company Number 12028532). Registered office: Lake House, 2 Port Way, Port Solent, Portsmouth, PO6 4TY, United Kingdom. Firm Reference Number 916588. Sapphire Capital Partners LLP is responsible for the regulated activities carried on by Zero Carbon Capital Limited.

This website constitutes a financial promotion for the purposes of section 21 of the Financial Services and Markets Act 2000 and is communicated by Sapphire Capital Partners LLP in its capacity as principal. It is directed only at persons who are professional clients or eligible counterparties, or who fall within exemptions available under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. It must not be relied upon by retail clients or any other person. The fund is a closed-ended alternative investment fund structured as a limited partnership.

Nothing on this website constitutes investment

advice, a personal recommendation, or an offer to sell or a solicitation of an offer to buy any securities. Any investment opportunity will be subject to separate legally binding documentation and appropriate investor classification and due diligence.

On this website, "we" refers to the combined activities of Zero Carbon Capital Ltd, Sapphire Capital Partners LLP and the funds they advise and manage. 

Investments in early-stage and growth companies involve a high degree of risk. Capital is at risk and investors may lose the entirety of their investment. The value of investments and any income derived from them can go down as well as up. Past performance is not a reliable indicator of future results. Tax treatment depends on individual circumstances and may change in future.

Where investments are made through arrangements operated by Sapphire Capital Partners LLP under its FCA permissions, eligible claimants may have access to the Financial Services Compensation Scheme (FSCS) subject to the FSCS rules and limits. Not all investment activities or losses are covered by the FSCS.

Any references to sustainability, climate impact, carbon reduction or decarbonisation relate to the investment strategy and objectives of portfolio companies. Such statements are based on current methodologies, assumptions and expectations and are not guarantees of future performance or environmental outcomes.

Risk to capital

This website is intended solely for professional clients and eligible counterparties.

Zero Carbon Capital Limited is an appointed representative of Sapphire Capital Partners LLP which is authorised and regulated by the Financial Conduct Authority. Sapphire Capital Partners LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 565716). Registered office: 28 Deramore Park, Belfast, BT9 5JU, United Kingdom.

Zero Carbon Capital Limited is registered in England and Wales (Company Number 12028532). Registered office: Lake House, 2 Port Way, Port Solent, Portsmouth, PO6 4TY, United Kingdom. Firm Reference Number 916588. Sapphire Capital Partners LLP is responsible for the regulated activities carried on by Zero Carbon Capital Limited.

This website constitutes a financial promotion for the purposes of section 21 of the Financial Services and Markets Act 2000 and is communicated by Sapphire Capital Partners LLP in its capacity as principal. It is directed only at persons who are professional clients or eligible counterparties, or who fall within exemptions available under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. It must not be relied upon by retail clients or any other person. The fund is a closed-ended alternative investment fund structured as a limited partnership.

Nothing on this website constitutes investment

advice, a personal recommendation, or an offer to sell or a solicitation of an offer to buy any securities. Any investment opportunity will be subject to separate legally binding documentation and appropriate investor classification and due diligence.

On this website, "we" refers to the combined activities of Zero Carbon Capital Ltd, Sapphire Capital Partners LLP and the funds they advise and manage. 

Investments in early-stage and growth companies involve a high degree of risk. Capital is at risk and investors may lose the entirety of their investment. The value of investments and any income derived from them can go down as well as up. Past performance is not a reliable indicator of future results. Tax treatment depends on individual circumstances and may change in future.

Where investments are made through arrangements operated by Sapphire Capital Partners LLP under its FCA permissions, eligible claimants may have access to the Financial Services Compensation Scheme (FSCS) subject to the FSCS rules and limits. Not all investment activities or losses are covered by the FSCS.

Any references to sustainability, climate impact, carbon reduction or decarbonisation relate to the investment strategy and objectives of portfolio companies. Such statements are based on current methodologies, assumptions and expectations and are not guarantees of future performance or environmental outcomes.