About Renmatix
Renmatix is an Environment company based in King Of Prussia (United States) founded in 2007. Cellulosic sugars are produced from non-food biomass via supercritical hydrolysis. It operates in the Environment and Energy & Utilities sectors. Renmatix has raised $251.32 million across 8 funding rounds from investors including WM, Kleiner Perkins and BASF. The company has 49 employees. Renmatix has completed 1 acquisition, including REAC Fuel. Renmatix offers products and services including Plantrose Technology, Omno Natural Polyols, Cellulosic Sugars, and Lignin Products. Its focus areas include Energy Tech, Renewable Energy Tech, Bioenergy and Biomass. Its legal entity is RENMATIX, INC. Its competitors include LanzaTech, Fulcrum Bioenergy and INENTEC; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2007 and based in King of Prussia, United States, Renmatix operates in the renewable chemicals sector. The companys Plantrose Process is utilized to convert non-food biomass, including waste wood and agricultural residues, into cellulosic sugars through supercritical hydrolysis without significant consumables. These sugars, known as Plantro, are supplied to partners for developing bio-based products that serve as alternatives to traditional fossil fuel-derived materials.
- Headquarters King Of Prussia, United States
- Employees 49
- SectorsEnvironmentEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website renmatix.com
- Social LinkedIn X Facebook Instagram
- Legal Name Renmatix, Inc.
Products & Services of Renmatix
Renmatix offers a comprehensive portfolio of products and services, including Plantrose Technology, Omno Natural Polyols, Cellulosic Sugars, and Lignin Products.
Platform for converting biomass into renewable materials
Extracted from biomass for use in foams and adhesives
Sugars from biomass for ethanol and biochemical production
Lignin for adhesives and construction applications
Funding Insights of Renmatix
Renmatix has successfully raised a total of $251.32M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $48.64 million completed in March 2020. 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 $251.32M
- Total Rounds 8
- Last Round Series E — $48.64M
- First Round $6M
(Jun 2007)
- Investors Count 5
All 8 funding rounds of Renmatix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $48.64M | Series E | – | – | – |
| Sep 2016 | $14M | Series D | – | Bill Gates | |
| Jul 2016 | $31.25M | Series D | – | – | – |
| Mar 2015 | $11.3M | Series D | – | Total, BASF | – |
| Dec 2012 | $75M | Series C | – | Waste Management, BASF | – |
| Jan 2012 | $50.12M | Series C | – | – | – |
| Nov 2008 | $15M | Series B | – | Kleiner Perkins | – |
| Jun 2007 | $6M | Series A | – | Kleiner Perkins | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Renmatix
Renmatix has secured backing from 5 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include WM, Kleiner Perkins and BASF.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
TotalEnergies is engaged in producing and marketing various energies. | total.com | Courbevoie, France | ||
Chemicals and related products are produced and marketed globally. | 1865 | basf.com | Florham Park, United States | |
Waste collection and management services are provided nationwide. | 1968 | wm.com | Houston, United States | |
BG Bill Gates | Co-founder of Microsoft, philanthropist, and active angel investor globally | unknown_74855bcf6c7348b59 |
Investor details for Renmatix
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People of Renmatix
17 people are tracked at Renmatix (7 in leadership, 4 in board & advisors, 6 in team); the tracked headcount is 49.
| Name | Role | Group |
|---|---|---|
Jennifer Miller | Chief Legal Officer, SVP & Secretary | Leadership |
Mike Hamilton | CEO | Leadership |
Mike Smith | VP, Technology Business Development | Leadership |
James Varghese | Chief Financial Officer | Leadership |
Todd Mclarty | Vice President Of Manufacturing | Leadership |
Lindsey Zinno | Marketing & Creative Director, AllWell Beauty | Leadership |
Duncan Cross | Chief Marketing Officer | Leadership |
John Doerr | Chairman | Board & advisors |
Brook Porter | Director | Board & advisors |
John Melo | Director | Board & advisors |
Alan Barton | Director | Board & advisors |
Mark Schweiker | SVP, Corporate Development | Team |
Sean Calahan | Senior Process Control Engineer | Team |
Andy Khair, EIT | Reliability Engineer | Team |
Nancy Heath | Operations Manager, Accounts Payable Specialist, Office Manager | Team |
Sotheary Ros | Sr. Lead Chemist | Team |
Derek Carlson | Business Development Manager | Team |
Complete people profiles for Renmatix
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Investments & Acquisitions by Renmatix
Renmatix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include REAC Fuel.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Biomass is converted to liquid fuels using REAC Fuel's technology. | reacfuel.com | Lund, Sweden | 2006 | Dec 2014 | •••• |
Complete acquisition details for Renmatix
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Timeline of Renmatix
4 dated milestones of Renmatix across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Renmatix is founded.
- Funding First funding round of $6.0M.
- Acquisition Acquires REAC Fuel.
- Funding Latest funding round, Series E, of $48.6M.
Competitors of Renmatix
Renmatix has 3 listed competitors in our database, 3 of them funded. They include LanzaTech, Fulcrum Bioenergy and INENTEC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lanzatech.com | 2005 | Skokie, United States | $869.3M | 367 | Waste carbon is treated via a bio-processing platform. | |
| fulcrum-bioenergy.com | 2007 | Pleasanton, United States | $347.93M | 129 | Ethanol production from municipal solid waste is enabled. | |
| inentec.com | 1995 | Richland, United States | $229.77M | 25 | Technology developer for conversion of wastes to energy |
Detailed competitors of Renmatix
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Web traffic of Renmatix
The website of Renmatix (renmatix.com) receives about 6.9K visits a month.
- Monthly visits6.9K
▲ 49% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Renmatix (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | USD 16.59 B | 42,000 | ||
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | 102 |
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Frequently Asked Questions about Renmatix
Renmatix was founded in 2007.
Renmatix is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
Renmatix is a funded company, having raised a total of $251.32M across 8 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Jun 2007.
Renmatix has 49 employees.
Founded in 2007 and based in King of Prussia, United States, Renmatix operates in the renewable chemicals sector. The companys Plantrose Process is utilized to convert non-food biomass, including waste wood and agricultural residues, into cellulosic sugars through supercritical hydrolysis without significant consumables. These sugars, known as Plantro, are supplied to partners for developing bio-based products that serve as alternatives to traditional fossil fuel-derived materials.
Renmatix's top competitors include INENTEC, Fulcrum Bioenergy and LanzaTech.
Renmatix offers Plantrose Technology, Omno Natural Polyols, Cellulosic Sugars, and Lignin Products.
Renmatix has made 1 acquisition, including REAC Fuel.
Renmatix has 5 investors. Key investors include WM, Kleiner Perkins, BASF, TotalEnergies, and Bill Gates.
Renmatix operates through Renmatix, Inc..