About Impossible Materials
Impossible Materials is a company based in Hamburg (Germany) founded in 2020 by Lukas Schertel. Impossible Materials has raised $3.84 million across 4 funding rounds from investors including IKEA, Cambridge Enterprise and Venture Kick. Impossible Materials operates in a competitive market with competitors including Huue, Pili, KBCols Sciences, Nature Coatings and Stony Creek Colors, among others.
- Headquarter Hamburg, Germany
- Founders Lukas Schertel
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Sectors
Chemicals & Materials
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Email
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Phone
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Website
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Social
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- Legal Name Impossible Materials Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.84 M (USD)
in 4 rounds
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Latest Funding Round
$165.85 K (USD), Grant
May 30, 2023
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Investors
IKEA
& 8 more
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Employee Count
Not available
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Funding Insights of Impossible Materials
Impossible Materials has successfully raised a total of $3.84M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $165.85 thousand completed in May 2023. 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 Impossible Materials
Impossible Materials has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include IKEA, Cambridge Enterprise and Venture Kick.
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University backed startup accelerator
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Early-stage venture capital investments are made in tech spin-offs.
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Investor details for Impossible Materials
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Investments & Acquisitions by Impossible Materials
Investment portfolio details for Impossible Materials
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Financial Statements - Impossible Materials
Detailed financials for Impossible Materials
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Impossible Materials Comparisons
Peer comparison for Impossible Materials
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Competitors of Impossible Materials
Impossible Materials operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Huue, Pili, KBCols Sciences, Nature Coatings and Stony Creek Colors, among others.
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Sustainable dyes are manufactured from bioengineered microbial sources.
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Renewable inks are produced via biofabrication to replace toxic dyes.
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Natural color pigments are manufactured for dyeing and fabric industries.
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Black pigments are manufactured from recycled wood waste.
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Traceable plant-based indigo dyes are manufactured in various forms.
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Microbial-based solutions for textile dyeing are provided.
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Detailed competitors of Impossible Materials
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Latest news on Impossible Materials
Complete news archive for Impossible Materials
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Frequently Asked Questions about Impossible Materials
Impossible Materials was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Impossible Materials is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Impossible Materials is a funded company, having raised a total of $3.84M across 4 funding rounds to date.
Impossible Materials was founded in 2020 in Hamburg, Germany. Operations focus on the sustainable materials sector, where plant-based pigments derived from cellulose are developed for applications in industries such as coatings, textiles, and packaging. The company provides these eco-friendly alternatives to traditional pigments, supporting reduced environmental impact through renewable sourcing. Leadership is provided by founder Lukas Schertel, with activities centered in Europe.
Impossible Materials has 9 investors. Key investors include IKEA, Cambridge Enterprise, Venture Kick, MassChallenge, and Mission Possible.