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BluePallet raises $5M to take its chemical industry marketplace global

TechCrunch

BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . and Bruce Schechinger, former chairman of the National Association of Chemical Distributors. .

Chemicals 240
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Forsaking funding at a $1 billion valuation, Solugen preps a new green chemical product and a big 2021

TechCrunch

Late last year, Solugen , a startup using synthetic biology to take hydrocarbons out of the chemicals industry, decided against pursuing a new round of funding that would have valued the company at over $1 billion, TechCrunch has learned. Chemicals are everywhere and they’re a huge business.

Chemicals 230
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Flite Material Sciences uses lasers, not chemical coatings, to keep ice and rust off surfaces

TechCrunch

Dan Cohen was on the hunt for a coating that could keep ice, snow and frost off of solar panels when he discovered a technology that could cut costs and reduce the environmental footprint of a broad section of products from aircrafts and drones to medical devices, pipelines and even sailboats. How it works. Take a lotus leaf, for instance.

Chemicals 240
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AgBiome lands $166M for safer crop protection technology

TechCrunch

Other fungicides on the market today require seven days before re-entry and pre-harvest, Uknes explained. We want to feed the world responsibly, and these products have the ability to substitute for synthetic chemicals and provide growers a way to protect their crops, especially as consumers want natural, sustainable tools,” he added.

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Novoloop says it’s worked out how to upcycle plastic waste, raises $11M Series A

TechCrunch

Upcycling polyethylene (the normal ubiquitous plastic we are all familiar with) into high-value plastics that can compete with “virgin” plastic (meaning plastics made directly from petro-chemicals) is a fiendish problem to solve. Novoloop is setting out to transform plastic waste into high-performance chemicals and materials.

Chemicals 222
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UniSieve’s filters use special crystals to reduce industrial emissions

TechCrunch

The energy-intensive process of separating and purifying chemicals and gases is a big reason why industries like plastic manufacturing cause so much pollution. The round, which UniSieve said was oversubscribed, included participation from the Amadeus Apex Technology Fund, Wingman Ventures, CIECH Ventures and Zürcher Kantonalbank.

Industry 202
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Oxyle’s tech uses water movement to remove pollutants

TechCrunch

The Zurich-based startup announced today $3 million in pre-seed funding that it will use to bring its tech to market. The startup’s customers include companies in the pesticide, chemical, textile pigments, electronics and pharmaceutical sectors that are regulated by strict discharge limits. million since it was founded in 2020.

Chemicals 207