About Syensqo
Syensqo is a company based in Brussels (Belgium) founded in 2023 was acquired by Sumitomo Chemical in February 2025.. Syensqo offers products and services including Battery Materials, Thermoplastic Composites, and Renewable Materials. Syensqo operates in a competitive market with competitors including PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and CuspAI, among others.
- Headquarter Brussels, Belgium
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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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 Syensqo Sa/Nv
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Annual Revenue
$6.82 B (USD)-3.97as on Dec 31, 2024
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Net Profit
$-5.19 M (USD)-102.59as on Dec 31, 2024
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EBITDA
$1.31 B (USD)-14.12as on Dec 31, 2024
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Latest Funding Round
$467.54 K (USD), Grant
Apr 01, 2016
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Investors
Sumitomo Chemical
& 1 more
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Employee Count
Employee Count
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Acquired by
Sumitomo Chemical
(Feb 20, 2025)
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IPO & Listings of Syensqo
Syensqo is a publicly listed company on the GETTEX with ticker symbol 2NF in Germany. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Syensqo
Syensqo offers a comprehensive portfolio of products and services, including Battery Materials, Thermoplastic Composites, and Renewable Materials. 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.
Advanced materials for battery development and performance
Composites for automotive and aerospace applications
Eco-friendly materials for various industrial uses
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Software Development Team
114 people
Leadership Team
47 people
Global Team
22 people
Product Management Team
22 people
Head Team
22 people
Sales and Marketing
18 people
Human Resources and Administration
17 people
Finance and Accounting
10 people
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Funding Insights of Syensqo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $467,541
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First Round
First Round
(01 Apr 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Grant - Syensqo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Syensqo
Syensqo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sumitomo Chemical and European Union. 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.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Petrochemicals, agrochemicals, and pharmaceuticals are manufactured by Sumitomo Chemical.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Syensqo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Syensqo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Syensqo Comparisons
Competitors of Syensqo
Syensqo 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 PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and CuspAI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Quantum simulation systems are provided for materials and chemical reactions.
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| domain | founded_year | HQ Location |
Developer of neutral atom quantum computers, offering hardware, cloud access, and software.
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| domain | founded_year | HQ Location |
Quantum simulation software for chemical and pharmaceutical sectors is provided.
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| domain | founded_year | HQ Location |
Provides quantum algorithms for faster simulations in aerospace and defense sectors.
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| domain | founded_year | HQ Location |
AI-enabled platform for materials research and applications
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| domain | founded_year | HQ Location |
AI-based design software is provided for industrial manufacturing processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Syensqo
Frequently Asked Questions about Syensqo
When was Syensqo founded?
Syensqo was founded in 2023.
Where is Syensqo located?
Syensqo is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Who is the current CEO of Syensqo?
Ilham Kadri is the current CEO of Syensqo.
What is the annual revenue of Syensqo?
Annual revenue of Syensqo is $6.82B as on Dec 31, 2024.
What does Syensqo do?
Syensqo was founded in 2023 and is headquartered in Brussels, Belgium. Operations focus on the materials and chemicals sector, where solutions are developed for electric vehicle batteries, green hydrogen applications, and thermoplastic composites. Bio-based materials, natural ingredients, and circular economy options are also supplied to support industrial needs in sustainability and innovation.
Who are the top competitors of Syensqo?
Syensqo's top competitors include HQS Quantum Simulations, CuspAI and PASQAL.
What products or services does Syensqo offer?
Syensqo offers Battery Materials, Thermoplastic Composites, and Renewable Materials.
Is Syensqo publicly traded?
Yes, Syensqo is publicly traded on GETTEX under the ticker symbol 2NF.
Who are Syensqo's investors?
Syensqo has 2 investors. Key investors include Sumitomo Chemical, and European Union.
What is Syensqo's ticker symbol?
The ticker symbol of Syensqo is 2NF on GETTEX.