What is P2 Science?
P2 Science operates at the intersection of advanced chemical engineering and sustainability. The company specializes in the development of renewable, biobased feedstocks that serve as direct replacements for conventional, fossil-fuel-based chemicals. By utilizing innovative, proprietary technology, P2 Science creates high-performance ingredients that meet the rigorous standards of global consumer and industrial brands. Their market position is defined by a commitment to circular economy principles, enabling manufacturers to reduce their carbon footprint without compromising on product efficacy or quality. As industries face increasing regulatory and consumer pressure to adopt cleaner production methods, P2 Science provides the essential building blocks for a more sustainable future.
How much funding has P2 Science raised?
P2 Science has raised a total of $46.2M across 5 funding rounds:
Unspecified
$650K
Series A
$1M
Series B
$9.6M
Series C
$12M
Other Financing Round
$23M
Unspecified (2013): $650K with participation from Connecticut Innovations and Elm Street Ventures
Series A (2014): $1M led by Connecticut Innovations and Elm Street Ventures
Series B (2017): $9.6M, investors not publicly disclosed
Series C (2020): $12M featuring Chanel S.A. and HG Ventures
Other Financing Round (2026): $23M backed by Sofinnova Partners
Key Investors in P2 Science
Sofinnova Partners
Sofinnova Partners is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability. The firm acts as a hands-on company builder, partnering with entrepreneurs to develop transformative innovations that impact the future of life sciences.
Connecticut Innovations
Connecticut Innovations is the state's strategic venture capital arm, providing equity and debt financing to help innovative companies scale. They maintain dedicated funds for high-growth sectors including climate tech and biosciences.
Elm Street Ventures
Elm Street Ventures is a Yale-focused seed and early-stage venture fund based in New Haven, Connecticut. They specialize in supporting faculty-led teams and companies addressing global challenges in advanced materials and environmental solutions.
What's next for P2 Science?
With the successful closure of this major strategic investment, P2 Science is well-positioned to accelerate its commercialization efforts and deepen its penetration into key industrial verticals. The company is expected to focus on scaling its manufacturing capacity to meet the rising demand for sustainable ingredients, while simultaneously investing in R&D to broaden its chemical product library. The involvement of sophisticated strategic partners suggests a clear path toward long-term market leadership, as the firm continues to bridge the gap between laboratory-scale innovation and large-scale industrial application. Future growth will likely be driven by strategic partnerships that leverage P2 Science's unique ability to deliver high-performance, biodegradable solutions at scale.
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