What is ChainCraft?
ChainCraft is at the forefront of developing mixed-culture fermentation technologies aimed at producing sustainable biobased chemicals. These innovative products are engineered to be competitive with chemicals currently produced through traditional industrial methods. The company's advancements have been supported by initiatives such as the European Fund for Regional Development (EFRO) through the 'Kansen voor West' program, highlighting a commitment to fostering green innovation and sustainable industrial practices.
How much funding has ChainCraft raised?
ChainCraft has raised a total of $10.9M across 1 funding round:
Unspecified
$10.9M
Unspecified (2022): $10.9M with participation from Convent Capital, Horizon 3, Pdenh, and SHIFT Invest
Key Investors in ChainCraft
Convent Capital
Convent Capital is an independent Dutch investment firm focused on SMEs in the Benelux region, aiming to create sustainable value through strategic and operational opportunities, particularly in the agri-food sector.
Horizon 3
Horizon 3 is an innovation platform supporting early-stage entrepreneurs in the biobased economy, providing venture capital and access to facilities to enhance sustainability in the food chain.
Pdenh
PDENH is an investment fund dedicated to sustainable businesses in North Holland, supporting innovative projects that foster a sustainable and circular economy.
What's next for ChainCraft?
With the recent major strategic investment, ChainCraft is poised for accelerated growth and market penetration. The substantial capital infusion is expected to fuel further research and development, scale up production capabilities, and expand its market reach. This strategic financing will likely enable ChainCraft to solidify its position as a leader in the biobased chemical industry, driving the transition towards more sustainable and circular economy models.
See full ChainCraft company page
