The startup has developed TPM ThermoPlastMolding technology, which enhances injection molding processes by significantly increasing productivity and reducing production costs. This technology enables the creation of complex plastic shapes that are currently unachievable with traditional methods.
Funding
$54M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional injection molding processes often require high injection pressures and clamping forces, leading to the need for large, expensive machinery. This can limit the complexity of achievable shapes, increase material waste, and result in visual and structural defects in the final product.
Solution
Plastics Unbound offers TPM (ThermoPlastMolding) technology, an innovative approach to injection molding that significantly reduces the required clamping force and injection pressure. This is achieved through a dynamic temperature management system that heats the entire mold cavity before injecting the melted plastic and cools it during solidification, enabling unobstructed flow. The technology allows for the use of smaller, more cost-effective injection molding machines, increases productivity by enabling multiple cavities in a single mold, and reduces material waste by facilitating parts with variable wall thicknesses. The result is higher yields with fewer visual and structural defects like warping and weld lines.
Target Audience
The primary target audience includes manufacturers and businesses utilizing injection molding processes, particularly those seeking to reduce production costs, increase efficiency, and improve the quality of their plastic parts.
Features
- Patented mold design made from long-life aluminum, designed for ease of manufacturing and lower cost.
- Dynamic temperature management system enabling cavity temperature control up to 250°C.
- Compatibility with a wide range of thermoplastic resins.
- Low-pressure, high-flow design for enhanced safety and easier deployment.
- Capability to produce parts with variable and reduced wall thickness.
- Elimination of hot-runner systems in many applications.
- Industry 4.0 compliant.