Kemiex welcomes strategic investors

The startup, which provides a digital trading and analytics platform for raw materials, welcomes new strategic shareholders, securing an undisclosed amount to boost its growth. The startup is a Venture Leader alum and distinguished itself in the TOP 100 Swiss Startup 2021 Public Vote.

Founded by Pau Franquet and Oriol Saludes in 2017, Kemiex provides a specialized trade and analytics platform for buyers, traders, and sellers of raw materials such as pharmaceutical ingredients, additives, vitamins, and excipients in the human and animal health as well as nutrition industries.

The startup, which is based in Zurich and has offices in Germany, the US, and Asia, announced that it has secured investment funding from CME Ventures, DTN, and Wille Finance. The details of the authorized capital increase were not disclosed.

The combined capital and capabilities will help Kemiex rapidly elevate its global trade hub to an institutional, enterprise-level solution. Kemiex plans to enhance its apps and white-label platforms for raw material procurement, sales, and analytics to facilitate trade and risk management for customers, helping them solve complex challenges such as Product Carbon Footprint (PCF) and GHG reporting.

The investment funding will allow Kemiex to tap into new resources as well as other financial, distribution, data engineering, and analytic expertise to further accelerate growth. Kemiex will also expand product coverage beyond human and animal nutrition and health ingredients to agrochemicals, and other chemicals and raw materials.

Pau Franquet, CEO and Co-founder of Kemiex: "We're pleased to welcome our new strategic shareholders to further institutionalize, and step up our game in providing meaningful, independent trade and intelligence solutions to nutrition, chemicals, and other raw material markets globally. Our customers will benefit from better technology, data, and business opportunities."

Since its founding, Kemiex has been in a strategic partnership with Atradius, which provides an integrated credit insurance solution for online trading in raw materials and chemicals to secure transactions made through the platform. Atradius is one of the world's leading credit insurers and specialists in trade credit insurance and debt collections. The trading platform went live in 2018.

"Kemiex has the vision to transform how business is performed in the life-science industry," said Kemiex co-founder and COO Oriol Saludes. "We help companies in the life science industry to deal with their raw materials in a more scalable way, by strengthening the trading of raw materials between companies and offering relevant market data and insights to support our customers in taking more accurate and strategic decisions."

In 2021, Saludes participated in the Venture Leaders Deeptech program, which connected entrepreneurs with investors and industry experts in Munich and London. "Venturelab was a great enabler to expand the global visibility of our project on several continents," he stated. "Our participation in Venture Leaders China 2020, which took place online due to Covid, as well as Venture Leaders Deeptech 2021 was of great help in growing our visibility in front of clients and potential investors."

In 2020 and 2021, Kemiex won the Public Vote of the TOP 100 Swiss Startup Award in the foodtech category.


Oriol Saludes, co-founder and COO of Kemiex, joined the Venture Leaders Deeptech roadshow in 2021