Kemiex closes strategic investment to expand its digital trading platform for raw materials

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24.02.2023

Kemiex AG, a specialised and fast-growing provider of procurement, sales and intelligence platforms for physical raw materials, has secured investment funding to enhance its digital trading platform for raw materials and expand product scope beyond nutrition and health.

Since 2017, Kemiex, founded by Pau Franquet and Oriol Saludes, has rapidly grown into a leading, sector-focused trade platform and private procurement solution for active pharmaceutical ingredients (APIs), food and feed additives. Based in Zurich, with offices across Europe, the Americas and Asia, the startup provides specialised software for purchasing and selling raw materials. Its independent market position allows Kemiex to provide neutral, data-driven, and informed supply chain intelligence for these industries.

The startup is now entering a new growth phase with plans to accelerate its digital trade and analytics platform for raw materials expand product scope beyond nutrition and health. With the support of its investors, the startup will get access to an extensive network in Agriculture, Chemicals and other physically traded raw materials, enabling it to accelerate its go-to-market strategy.

The strategic investment arm of CME Group, CME Ventures, the global data and analytics company DTN, and family office Wille Finance have invested in Kemiex. CME Group and Kemiex have been collaborating since 2021. The startup 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 combined capital and capabilities will help Kemiex rapidly elevate its global trade hub to an institutional, enterprise-level solution. Moreover, the capital will allow Kemiex to tap into new resources and other financial, distribution, data engineering and analytic expertise to accelerate growth further.

Pau Franquet, CEO and Co-founder of Kemiex, said: “We’re pleased to welcome our new strategic shareholders. They will help us further institutionalise and step up our game in providing meaningful, independent trade and intelligence solutions to nutrition, chemicals and other global raw material markets. Our customers will benefit from better technology. data and business opportunities.”

(Press release/RAN)

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