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Danimer Scientific, Inc. operates as a next generation bioplastics company. It focuses on the development and production of biodegradable materials. The firm sells its products under the brand name Nodax. Its applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles. The company was founded on January 13, 2014 and is headquartered in Bainbridge, GA.
Investors were thrilled to see it making progress toward profitability.
Danimer plans to issue a convertible note, spooking investors, but the cash is going to help it invest in long term growth opportunities.
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