Top 8 Chemical Startups in 2024

1) Anticimex AB

Anticimex AB is a modern pest management company that specializes in pest prevention.

Details of the startup:

• Country: Sweden
• State: Stockholms Lan
• City: Stockholm
• Started in: 1934
• Number of employees: 1001-5000
• Funding: $440,000,000
• Funding rounds: 2
• Number of investors: 2 (EQT, GIC)

You can find their website here.

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2) LG Group

The LG Group is a multinational business that manufactures electronics, chemicals, and telecommunications equipment.

Details of the startup:

• Country: South Korea
• State: Seoul-t'ukpyolsi
• City: Seoul
• Started in: 1947
• Number of employees: 10001+
• Funding: $1,000,000
• Funding rounds: 1
• Number of investors: 1 (P. Addo-Nyarko)

You can find their website here.

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3) Iris.ai

Iris.ai is an artificial intelligence (AI) science assistant that assists R&D departments in navigating and finding research text information.

Details of the startup:

• Country: Norway
• State: Oslo
• City: Oslo
• Started in: 2015
• Founders: Anita Schjoll Brede, Jacobo Elosua, Maria Ritola, Victor Botev
• Number of employees: 11-50
• Funding: $4,835,690
• Funding rounds: 8
• Number of investors: 6 (Founders Factory, EASME - EU Executive Agency for SMEs, Singularity University Ventures, The Index Project, Bakken & Baeck)

You can find their website here.

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4) Safex Chemicals

Safex Chemicals is a well-established player in the Indian agrochemicals market.

Details of the startup:

• Country: India
• State: Delhi
• City: Delhi
• Started in: 1991
• Founders: SK Chaudhary
• Number of employees: 11-50
• Funding: $58,830,787
• Funding rounds: 2
• Number of investors: 2 (Chrys Capital, BanyanTree Finance Pvt. Ltd.)

You can find their website here.

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5) Ginkgo Bioworks

Ginkgo Bioworks is a multi-market developer of biological engineering solutions and bespoke microorganisms.

Details of the startup:

• Country: United States
• State: Massachusetts
• City: Boston
• Started in: 2008
• Founders: Austin Che, Barry Canton, Jason Kelly, Reshma Shetty, Tom Knight
• Number of employees: 501-1000
• Funding: $798,728,100
• Funding rounds: 9
• Number of investors: 33 (General Atlantic, Felicis Ventures, Bill Gates, MassChallenge, T. Rowe Price)

You can find their website here.

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6) Greenlight Biosciences

GreenLight Biosciences is a biotechnology firm specializing on RNA research, design, and production for human, animal, and plant health.

Details of the startup:

• Country: United States
• State: Massachusetts
• City: Medford
• Started in: 2008
• Founders: Andrey Zarur, James Swartz, Marta Ortega-Valle
• Number of employees: 101-250
• Funding: $215,000,000
• Funding rounds: 8
• Number of investors: 21 (Khosla Ventures, Alexandria Venture Investments, S2G Ventures, Cormorant Asset Management, Lupa Systems)

You can find their website here.

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7) Monolith Materials

Monolith Materials is a carbon black manufacturer that converts natural gas to carbon black using a patented technique.

Details of the startup:

• Country: United States
• State: Nebraska
• City: Lincoln
• Started in: 2012
• Founders: Pete Johnson, Robert Hanson
• Number of employees: 51-100
• Funding: $64,297,594
• Funding rounds: 8
• Number of investors: 3 (SK Group, Azimuth Capital Management, Mitsubishi Heavy Industries)

You can find their website here.

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8) Provivi

Provivi creates biopesticides for use in agriculture, commercial pest control, domestic pest control, and public health pest control.

Details of the startup:

• Country: United States
• State: California
• City: Santa Monica
• Started in: 2013
• Founders: Frances Arnold, Pedro Coelho, Peter Meinhold
• Number of employees: 11-50
• Funding: $169,971,104
• Funding rounds: 6
• Number of investors: 10 (Temasek Holdings, Vivo Capital, BASF Venture Capital, Bill & Melinda Gates Foundation, DuPont)

You can find their website here.

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