Chempolis

Oulu, Finland Founded: 1995 • Age: 31 yrs Acquired By M Green
Technology developer for papermaking fiber and cellulosic ethanol
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About Chempolis

Chempolis is a company based in Oulu (Finland) founded in 1995 was acquired by M Green in October 2024.. Chempolis has raised $11.3 million across 2 funding rounds from investors including Fortum, Taaleri and Teknoventure. Chempolis offers products and services including formico® Technologies and Licensing Services.

  • Headquarter Oulu, Finland
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Chempolis India Private Limited
  • Date of Incorporation 28 Nov, 2013
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $400.87 (USD)
    57382.76
    as on Mar 31, 2023
  • Net Profit
    $-2.83 K (USD)
    -146.13
    as on Mar 31, 2023
  • EBITDA
    $-2.75 K (USD)
    -310.79
    as on Mar 31, 2023
  • Total Equity Funding
    $11.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.3 M (USD), Series A

    Oct 24, 2016

  • Investors
    Fortum

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    M Green

    (Oct 09, 2024)

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Products & Services of Chempolis

Chempolis offers a comprehensive portfolio of products and services, including formico® Technologies and Licensing Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Biorefining technologies are employed to convert biomass into products like bioethanol and biochemicals while minimizing environmental impacts

Licensing of biorefining technologies and related services are offered to support sustainable industrial processes

Funding Insights of Chempolis

Chempolis has successfully raised a total of $11.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.3 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $11.3M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2016 Amount Series A - Chempolis Valuation

investors

Jun, 1999 Amount Series A - Chempolis Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Chempolis

Chempolis has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Fortum, Taaleri and Teknoventure. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified asset management and private equity firm focused on renewable energy and multiple sectors
Founded Year Domain Location
Clean energy solutions for generation, retail, and heating are provided.
Founded Year Domain Location
Tailored corporate and financial arrangement solutions are provided by Teknoventure.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Chempolis

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Chempolis

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Chempolis Comparisons

Employees
+
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Competitors of Chempolis

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Chempolis

When was Chempolis founded?

Chempolis was founded in 1995 and raised its 1st funding round 4 years after it was founded.

Where is Chempolis located?

Chempolis is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.

Who is the current CEO of Chempolis?

Tomi Honkala is the current CEO of Chempolis.

Is Chempolis a funded company?

Chempolis is a funded company, having raised a total of $11.3M across 2 funding rounds to date.

What is the annual revenue of Chempolis?

Annual revenue of Chempolis is $400.87 as on Mar 31, 2023.

What does Chempolis do?

Chempolis was founded in 1995 in Oulu, Finland, and operates in the biotechnology sector focused on biorefining. Non-wood and non-food biomasses such as straw, bagasse, corn stover, and bamboo are processed into papermaking fibers, bioethanol, and biochemicals through sustainable technologies. The formicofib process is utilized for producing fibers suitable for paper, board, packaging, and hygiene products, while the formicobio process converts raw materials into cellulosic ethanol.

What products or services does Chempolis offer?

Chempolis offers formico® Technologies and Licensing Services.

Who are Chempolis's investors?

Chempolis has 4 investors. Key investors include Fortum, Taaleri, Teknoventure, and AM Green.

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