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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.
Social
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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
Investors
Ranked
Employee Count
37 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by AM Green (Oct 09, 2024)

Chempolis's acquisition details

Chempolis got acquired by AM Green on Oct 09, 2024.
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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
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Chempolis' founders and board of directors

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Chempolis' employee count trend

Chempolis has 37 employees as of Sep 26. Here is Chempolis's employee count trend over the years:
Employee count trend for Chempolis
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ICM
ICM
1995, Colwich (United States), Funding Raised
Manufacturer of biorefining technology equipment and process optimization plant systems
-
51/100
2nd
Logo for Praj
Praj
1983, Pune (India), Public
Manufacturer of bioenergy systems and industrial process equipment for facilities
-
50/100
3rd
Logo for Chempolis
Chempolis
1995, Oulu (Finland), Acquired
Technology developer for papermaking fiber and cellulosic ethanol
$11.3M
44/100
4th
Logo for Beta Renewables
Beta Renewables
2011, Tortona (Italy), Acquired
Second generation Bio ethanol Licensor
$116M
41/100
5th
Logo for Green Earth Institute
Green Earth Institute
2011, Tokyo (Japan), Public
Developer of fermentation production technology and biotechnology for biomass utilization
$976K
40/100
6th
Logo for Vertimass
Vertimass
2013, Irvine (United States), Funding Raised
Developer of technology to convert ethanol into sustainable hydrocarbon fuels
-
 
39/100
7th
Logo for BioGasol
BioGasol
2006, Ballerup (Denmark), Series A
Developer of biomass fractionation technology for extracting plant sugar resources
$9.02M
38/100
8th
Logo for Iogen
Iogen
1974, Ottawa (Canada), Late Stage
Developer of technology to convert biomass into renewable transportation fuels
$62M
37/100
9th
Logo for Tyton Biofuels
Tyton Biofuels
2014, Raeford (United States), Series A
Manufacturer of ethanol and animal feed from plant based feedstocks
$4.19M
-
35/100
10th
Logo for Coskata
Coskata
2006, Warrenville (United States), Deadpooled
Technology developer and supplier for Bio ethanol
$144M
34/100
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Chempolis's Investments and acquisitions

Chempolis has made no investments or acquisitions yet.

News related to Chempolis

•
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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