
Biokemik
Biokemik – Installation of 1,3-butadiene production plants from renewable organic raw materials.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Spinout | ||
Total Funding | 000k |
EUR | 2016 | 2020 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | - | (60 %) | - |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Biokemik, operating under the legal name Biosyncaucho S.L., is a Spanish company established in May 2015 that specializes in the production of high-value-added chemicals from renewable, non-food raw materials. The company was formed through a strategic collaboration between the Tecnalia Research & Innovation center and Kereon Partners, a private investment fund. Biokemik's core focus is to provide environmentally sustainable alternatives to fossil fuel-based chemicals, addressing the growing global demand for green chemical solutions.
The company's business model is multifaceted, seeking engagement with financial investors for equity, industrial partners to scale up production, and customers to validate its biomolecules. It also offers licensing opportunities for its proprietary technologies. Biokemik targets a B2B market, serving industries such as rubber and tire manufacturing, plastics, fine chemicals, pharmaceuticals, and consumer goods. Revenue generation is anticipated through the sale of its bio-based products and technology licensing.
Biokemik has developed a proprietary technology platform based on fermentation and subsequent chemical and separation processes to create its products. This technology, protected by multiple patent families and registered microorganisms, utilizes low-cost, non-alimentary biomass to produce chemicals with a low carbon footprint. The company's main product is bio-1,3-butadiene, a crucial component for producing synthetic rubber for tires and various plastics like ABS. The product portfolio also includes bio-2,3-butanediol, used in plastics and pesticides; bio-methyl-ethyl-ketone (MEK), a versatile industrial solvent; and bio-acetoin, a specialty chemical used in flavorings and fragrances. A significant benefit of their process is the creation of valuable by-products suitable for animal feed and other industrial uses.
Keywords: bio-based chemicals, renewable raw materials, bio-1,3-butadiene, sustainable chemistry, fermentation process, Tecnalia ventures, Kereon Partners, bioeconomy, industrial biotechnology, green chemicals, synthetic rubber, bioplastics, bio-methyl-ethyl-ketone, bio-2,3-butanediol, bio-acetoin, circular economy, chemical manufacturing, cleantech, sustainable materials, industrial solvents