Insempra develops bio-based and biodegradable synthetic ingredients, materials and fibers. With this, the startup aims to offer sustainable alternatives to substances previously produced primarily on an agricultural or petrochemical basis, as their production often comes with environmental pollution and the exploitation of natural resources. Insempra’s Biotreasure team, for example, produces materials such as polyester and polyamide from plant residues, used cooking oil or PET waste using a special yeast. This development is also supported by a Sprind grant. Functional ingredients such as flavors and fragrances are already on the market from Insempra.
The startup has now successfully completed its Series A financing round and raised €18.6 million ($20 million). The financing is led by existing investor EQT Ventures. Other backers include Bayern Kapital, Henkel dx Ventures, and Alante Capital. In addition, existing investors BlueYard Capital, Possible Ventures, Taavet Sten and Acequia Capital participated in the round. With the new financial resources, the startup aims to advance the development and market launch of its products further.
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 continue expanding our capacity to develop sustainable materials that are of high quality while helping to 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 multibillion-dollar industries and develop tailor-made ingredients for 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 increasingly demand sustainability and climate protection, policy is tightening regulatory frameworks, and companies must adapt as a result. Across all sectors—cosmetics, fashion and personal care to food—manufacturers are therefore looking for sustainable alternatives for the base materials and ingredients in their products. Insempra can develop exactly such sustainable production means. The scaling potential of the innovative technology is enormous. That’s why we’re happy to support Insempra in its growth.”
