Renmatix
Latest round
- Series E
Last raised
- Jul 2016
Total raised
- $115M
Investors
- 3
About Renmatix
Renmatix, Inc.Founded in 2007 in King of Prussia, US, Renmatix, Inc. focuses on the transformation of biomass into valuable materials.Renmatix is primarily focused on the innovative transformation of biomass into valuable materials through its proprietary Plantrose technology. Core product offerings include high-purity lignin, cellulosic sugars, and natural polyols, which are derived from renewable biomass sources, particularly woody residues. These products serve the needs of several hard-to-abate industries, including aviation fuel, construction materials, and various chemicals, addressing the growing demand for sustainable alternatives to fossil-fuel-derived materials. Specifically, their lignin products, such as Omno® lignin, are designed for applications in lightweight building materials and wood adhesives, while cellulosic sugars facilitate pathways for the production of Sustainable Aviation Fuel (SAF) and other biochemicals.Renmatix generates revenue through the sale of its proprietary plant-based materials and the licensing of its Plantrose technology to potential partners and biorefinery operators. The business transactions involve B2B partnerships where clients purchase bulk quantities of high-purity lignin, cellulosic sugars, and natural polyols for use in their manufacturing processes. These transactions are structured as contractual agreements that outline the terms of supply and pricing, enabling clients to incorporate Renmatix’s sustainable materials into their products. Key revenue streams are supported by long-term contracts with companies in sectors such as aviation, construction, and chemicals, which value the environmental benefits and functionality of Renmatix's offerings. The company aims to develop new products that further optimize the use of biomass for sustainable applications, targeting launch in the next two years. Additionally, Renmatix is looking to expand its market presence in Europe and Asia by 2025, focusing on regions with increasing demand for sustainable industrial solutions.
Who invested in Renmatix
3 investors across 5 rounds
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Questions about Renmatix
Who invested in Renmatix?
Renmatix has 3 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Renmatix raised?
Renmatix has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Renmatix last raise money?
Renmatix's most recent round on record is a Series E, in Jul 2016.
What does Renmatix do?
Renmatix is a materials company.
Where is Renmatix headquartered?
Renmatix is headquartered in King of Prussia, US.
Which VCs invest in companies like Renmatix?
Among active investors with capital left to deploy, Kimmeridge, GEF Capital Partners, S2G Ventures and EnCap Investments back materials companies at Renmatix's stage. Their profiles are linked below.
VCs backing materials startups at Series E
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