Chempolis

Oulu, Finland Founded: 1995 • Age: 31 yrs Acquired By M Green
Technology developer for papermaking fiber and cellulosic ethanol
Annual revenue $401 Latest available
Total funding $11.3M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Chempolis India Private Limited
  • Date of Incorporation 28 Nov, 2013
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
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
    Not available
  • 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.

Product name locked
Category locked
Primary

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

Product name locked
Category locked
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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified asset management and private equity firm focused on renewable energy and multiple sectors
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Clean energy solutions for generation, retail, and heating are provided.
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Tailored corporate and financial arrangement solutions are provided by Teknoventure.
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Investor details for Chempolis

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Investments & Acquisitions by Chempolis

Investments
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Investment portfolio details for Chempolis

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Financial Statements - Chempolis

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Detailed financials for Chempolis

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Chempolis Comparisons

Chempolis Primary company
Description
Technology developer for papermaking fiber and cellulosic et...
Location
Oulu, Finland
Founded Year
1995
Annual Revenue
$400.87 (USD)
Net Profit
-$2.83 K (USD)
EBITDA
-$2.75 K (USD)
Employees
Not available
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Peer comparison for Chempolis

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Competitors of Chempolis

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Detailed competitors of Chempolis

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Latest news on Chempolis

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Complete news archive for Chempolis

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Frequently Asked Questions about Chempolis

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

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

Tomi Honkala is the current CEO of Chempolis.

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

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

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.

Chempolis offers formico® Technologies and Licensing Services.

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

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