Insempra develops bio-based and biodegradable synthetic ingredients, materials, and fibers. The startup aims to offer sustainable alternatives to materials previously produced primarily from agricultural or petrochemical sources, as their production is often associated with environmental pollution and the exploitation of natural resources. For example, Insempra's Biotreasure team uses a special yeast to produce materials such as polyester and polyamide from plant residues, used cooking oil, or PET waste. This development is also being supported by a Sprind promotion Insempra already has functional ingredients such as flavors and fragrances on the market.
Now the startup successfully completed its Series A financing round, raising €18.6 million ($20 million). The financing was led by existing investor EQT Ventures. Other investors include Bayern Kapital, Henkel dx Ventures, and Alante Capital. Existing investors BlueYard Capital, Possible Ventures, Taavet Sten, and Acequia Capital also participated in the round. The startup plans to use the new funding to further advance the development and market launch of its products.
Jens Klein, founder and CEO of Insempra, explains:
"We are grateful for the support of our investors, who immediately recognized the potential of our market-leading processes and innovative technology platform. Our goal is to further expand our capabilities to develop sustainable, high-quality materials that help reduce manufacturing companies' dependence on chemical, industrial materials."
EQT Ventures: Insempra will drive “a revolution in industrial manufacturing”
Ted Persson, Partner at EQT Ventures, adds:
"Insempra has both the team and the technology to drive a revolution in industrial manufacturing and achieve rapid market penetration for its products. New technology platforms like Insempra's have the potential to dramatically transform the manufacturing processes of multiple multi-billion dollar industries and develop tailored ingredients to meet market needs."
And Monika Steger, Managing Director of Bayern Kapital, says:
"Global awareness of how we extract and use resources has changed. Consumers and end customers are increasingly demanding sustainability and climate protection, politicians are tightening the regulatory framework, and companies must adapt as a result. Manufacturers in all sectors, from cosmetics, fashion, and personal care to food, are therefore looking for sustainable alternatives for the basic materials and ingredients in their products. Insempra can develop precisely such sustainable production methods. The scaling potential of this innovative technology is enormous. That's why we are happy to support Insempra in its growth."
