Renmatix

Renmatix

Enables the transition from fossil fuel based products to bio-based chemicals and fuels. Learn more
  • Edit
DateInvestorsAmountRound
-

N/A

-
N/A

$7.1m

Series A

$15.0m

Series B

$50.0m

Series C

$25.0m

Series C
*

N/A

Support Program

$11.3m

Late VC

$14.0m

Early VC
N/A

$48.6m

Series A
Total Funding€155m

Recent News about Renmatix

Edit
More about Renmatixinfo icon
Edit

Renmatix is a pioneering company in the bioeconomy sector, specializing in the production of low-cost cellulosic sugars through its patented Plantrose technology. These sugars serve as essential building blocks for renewable fuels and chemicals, aiding in the transition towards a more sustainable and decarbonized industrial landscape. The company operates in the bio-industrial market, catering to clients in the fuels, construction, and chemical industries who are seeking sustainable and cost-effective alternatives to traditional materials. Renmatix's business model revolves around leveraging its innovative technology to convert various types of biomass into valuable cellulosic sugars, thereby generating revenue through the sale of these sugars and licensing its technology. The company's competitive edge lies in its ability to process a wide range of biomass types, making it versatile and reducing dependency on specific feedstocks. This flexibility not only mitigates cost volatility but also eliminates the food vs. fuel debate by utilizing underused or waste materials. Renmatix's success is driven by a dedicated team of scientists, executives, and board members, all committed to advancing decarbonization and sustainability. The company is well-positioned to capitalize on the growing demand for sustainable materials, driven by both regulatory pressures and consumer preferences.

Keywords: cellulosic sugars, Plantrose technology, bioeconomy, renewable fuels, decarbonization, biomass agnostic, sustainable materials, bio-industrial market, cost-effective, waste utilization.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.