Chempolis - About the company
Chempolis is an acquired company based in Oulu (Finland), founded in 1995. It operates as a Technology developer for papermaking fiber and cellulosic ethanol. Chempolis has raised $11.3M in funding. The company has 22 active competitors, including 4 funded and 6 that have exited. Its top competitors include companies like ICM, Praj and Beta Renewables.
Company Details
Chempolis technologies enable papermaking fibres, bioethanol and biochemicals to be produced sustainably from non-wood and non-food biomasses such as straw, bagasse, corn stover and bamboo. Their formicofib™ process is a technology for biorefining non-wood raw materials into papermaking fibre for paper and board, packaging, and hygiene products. Their formicobio™ processes non-food raw materials into cellulosic ethanol.
- Website
- chempolis.com
- Email ID
- *****@chempolis.com
- Registered Address
- A2/78, Safdarjung Enclave, South Delhi, New Delhi, Delhi, India, 110029
Key Metrics
Founded Year
1995
Location
Oulu, Finland
Stage
Acquired
Total Funding
$11.3M in 2 rounds
Latest Funding Round
Ranked
3rd among 22 active competitors
Employee Count
37 as on Sep 30, 2026
Exit Details
Acquired by AM Green (Oct 09, 2024)
Legal entities associated with Chempolis
Chempolis is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHEMPOLIS INDIA PRIVATE LIMITED CIN: U74999DL2013FTC261222 , India, Active | Nov 28, 2013 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
Chempolis's acquisition details
Chempolis got acquired by AM Green on Oct 09, 2024.
Click here to take a look at Chempolis's acquisition in detail
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Chempolis's funding and investors
Chempolis has raised a total funding of $11.3M over 2 rounds. Its first funding round was on 1999. Its latest funding round was a Series A round on Oct 24, 2016 for $*****. 2 investors participated in its latest round. Chempolis has 3 institutional investors.
Here is the list of recent funding rounds of Chempolis:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 24, 2016 | 6517977 | Series A | 9885857 | 4314497 | 7753930 | 6112496 |
1999 | 3341 | Series A | 3532 | 7064 | 9109 |
View details of Chempolis's funding rounds and investors
Chempolis' founders and board of directors
Founder? Claim ProfileChempolis' employee count trend
Chempolis has 37 employees as of Sep 26. Here is Chempolis's employee count trend over the years:
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Chempolis's Competitors and alternates
Top competitors of Chempolis include ICM, Praj and Beta Renewables. Here is the list of Top 10 competitors of Chempolis, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ICM 1995, Colwich (United States), Funding Raised | Manufacturer of biorefining technology equipment and process optimization plant systems | - | 51/100 | |
2nd | Manufacturer of bioenergy systems and industrial process equipment for facilities | - | 50/100 | ||
3rd | Technology developer for papermaking fiber and cellulosic ethanol | $11.3M | 44/100 | ||
4th | Beta Renewables 2011, Tortona (Italy), Acquired | Second generation Bio ethanol Licensor | $116M | 41/100 | |
5th | Green Earth Institute 2011, Tokyo (Japan), Public | Developer of fermentation production technology and biotechnology for biomass utilization | $976K | 40/100 | |
6th | Vertimass 2013, Irvine (United States), Funding Raised | Developer of technology to convert ethanol into sustainable hydrocarbon fuels | - | 39/100 | |
7th | Developer of biomass fractionation technology for extracting plant sugar resources | $9.02M | 38/100 | ||
8th | Developer of technology to convert biomass into renewable transportation fuels | $62M | 37/100 | ||
9th | Tyton Biofuels 2014, Raeford (United States), Series A | Manufacturer of ethanol and animal feed from plant based feedstocks | $4.19M | - | 35/100 |
10th | ![]() Coskata 2006, Warrenville (United States), Deadpooled | Technology developer and supplier for Bio ethanol | $144M | 34/100 |
Looking for more details on Chempolis's competitors? Click here to see the top ones
Chempolis's Investments and acquisitions
Chempolis has made no investments or acquisitions yet.
News related to Chempolis
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AM Green Technology’s Acquisition of Chempolis OyGlobal Legal Chronicle•Oct 09, 2024•AM Green, Chempolis, Cyril Amarchand Mangaldas, Greenko Group and 3 others
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Fortum to sell its stakes in the biobased solutions businesses in IndiaCision•Sep 23, 2024•Chempolis, Assam Bio Refinery, AM Green
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NTPC and Chempolis India to collaborate on Feasibility Study for setting Bamboo-based Bio-Refinery at Bongaigaon, AssamOdishaDiary•Apr 19, 2023•NTPC, Chempolis, Ntpc
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Engineers India stock surges 4% after entering in strategic alliance with Finland's CHEMPOLIS for green technologiesIndia Infoline•Nov 26, 2021•Engineers India, Chempolis
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NRL to set up JV with foreign companies to build bio-refinery in Assam, IndiaCompelo•Jun 06, 2018•Numaligarh Refinery, Chempolis, Fortum
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Chempolis, Fortum and NRL to build €160m biorefinery in IndiaEnergy Business review•May 03, 2018•Chempolis, Fortum, Numaligarh Refinery
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