Capricorn Partners

Capricorn Partners is an independent venture capital firm based in Leuven, Belgium. Founded in 1993, it manages venture capital funds and makes technology-driven investments in innovative European growth companies, emphasizing technology as a competitive advantage across sectors such as consumer, healthcare, information technology, software as a service, manufacturing, life sciences, oncology, big data, clean technology and digital health.

Jan Avonts

Investment Director

Daniela Arruda Costa

Investment Associate

Olaf Cörper

Partner

Paul Decraemer

Partner

Antoine D’Hollander

Investment Director

Katrin Geyskens

Partner, Member of the Executive Committee and Board Member

Steven Lambert

Investment Partner Digital

Maarten Lambert

Senior Associate

Steven Lambert

Investment Partner Digital

Marc Lambrechts Ph.D

Investment Director

Steven Levecke

Partner

Jos B. Peeters

Founding Partner

Filip Pintelon

Investment Partner Health

Ekaterina Smirnyagina

Partner

Claude Stoufs

Partner

Wouter Van de Putte

Investment Director

Yves Vaneerdewegh

Partner, Member of the Executive Committee and Board Member

Sabine Vermassen

Partner, Member of the Executive Committee and Board Member

Simon Wouters

Investment Analyst

Ke Zhang

Investment Director

Damien van der Bijl

Investment Director

Damien van der Bijl

Investment Director

Past deals in Chemical

Econic Technologies

Venture Round in 2024
Econic Technologies Ltd. is a chemical technology company based in Macclesfield, United Kingdom, specializing in the development of innovative processes to convert carbon dioxide and epoxides into valuable polymers and polyurethanes. Founded in 2011, the company leverages catalyst chemistry to transform waste CO2 into commercially viable products, thereby reducing dependence on fossil fuels and providing environmental benefits. Econic's product offerings include polycarbonates and polycarbonate polyols, which are utilized in various applications such as mattresses, insulation, footwear, packaging, and construction materials. Additionally, the company produces glues and coatings for industrial uses. With patented catalyst technologies and a skilled team of scientists and engineers, Econic Technologies operates from a state-of-the-art facility at Alderley Park, focusing on turning scientific advancements into practical solutions for the plastics industry while addressing environmental challenges.

Trillium Renewable Chemicals

Series A in 2022
Founded in 2021, Trillium Renewable Chemicals produces chemicals from renewable feedstocks such as glycerol. These chemicals include acrylonitrile and acetonitrile, which are used in various industrial applications. The company's process technology offers a sustainable alternative to fossil-based chemicals, reducing carbon emissions while maintaining competitive economics.

Econic Technologies

Series D in 2022
Econic Technologies Ltd. is a chemical technology company based in Macclesfield, United Kingdom, specializing in the development of innovative processes to convert carbon dioxide and epoxides into valuable polymers and polyurethanes. Founded in 2011, the company leverages catalyst chemistry to transform waste CO2 into commercially viable products, thereby reducing dependence on fossil fuels and providing environmental benefits. Econic's product offerings include polycarbonates and polycarbonate polyols, which are utilized in various applications such as mattresses, insulation, footwear, packaging, and construction materials. Additionally, the company produces glues and coatings for industrial uses. With patented catalyst technologies and a skilled team of scientists and engineers, Econic Technologies operates from a state-of-the-art facility at Alderley Park, focusing on turning scientific advancements into practical solutions for the plastics industry while addressing environmental challenges.

DMC Biotechnologies

Series B in 2021
DMC Biotechnologies, Inc. is a biotechnology company based in Boulder, Colorado, that specializes in the development of bio-based products through microbial fermentation technology. Founded in 2014, the company focuses on engineering microbial hosts to produce a range of specialty chemicals, flavors, fragrances, nutraceuticals, natural products, and pharmaceuticals. DMC Biotechnologies employs its proprietary Dynamic Metabolic Control technology to enhance production efficiency, thereby reducing costs and accelerating the timeline from discovery to commercial performance. The company's innovative approach supports sustainability by utilizing lower energy and resource inputs in the manufacturing process.

DMC Biotechnologies

Series A in 2019
DMC Biotechnologies, Inc. is a biotechnology company based in Boulder, Colorado, that specializes in the development of bio-based products through microbial fermentation technology. Founded in 2014, the company focuses on engineering microbial hosts to produce a range of specialty chemicals, flavors, fragrances, nutraceuticals, natural products, and pharmaceuticals. DMC Biotechnologies employs its proprietary Dynamic Metabolic Control technology to enhance production efficiency, thereby reducing costs and accelerating the timeline from discovery to commercial performance. The company's innovative approach supports sustainability by utilizing lower energy and resource inputs in the manufacturing process.

DMC Biotechnologies

Seed Round in 2018
DMC Biotechnologies, Inc. is a biotechnology company based in Boulder, Colorado, that specializes in the development of bio-based products through microbial fermentation technology. Founded in 2014, the company focuses on engineering microbial hosts to produce a range of specialty chemicals, flavors, fragrances, nutraceuticals, natural products, and pharmaceuticals. DMC Biotechnologies employs its proprietary Dynamic Metabolic Control technology to enhance production efficiency, thereby reducing costs and accelerating the timeline from discovery to commercial performance. The company's innovative approach supports sustainability by utilizing lower energy and resource inputs in the manufacturing process.

FRX Innovations

Series D in 2016
FRX Innovations is an industrial manufacturer based in Chelmsford, MA, specializing in environmentally sustainable flame retardant solutions within the plastics and additives market. The company produces Nofia polyphosphonates, a family of non-halogen, transparent, and high melt flowing fire-resistant plastics. FRX Innovations focuses on delivering high value-added solutions to various sectors, including textiles, electronics, automotive, electric vehicles, and medical devices. Its products are developed using sustainable green chemistry principles, featuring a solvent-free production process that generates no waste byproducts and maximizes atom efficiency. Through its innovative offerings, FRX Innovations aims to address the growing demand for safer and more sustainable materials in multiple industries.

Green Biologics

Series C in 2015
Green Biologics is a UK-based industrial biotechnology company that develops and manufactures renewable solvents and specialty chemicals through fermentation of biomass. Its portfolio includes renewable butanol, acetone, and C4 derivatives, as well as GreenFlame charcoal lighting fluids. The products support markets across paints, coatings, adhesives and inks; personal care, cosmetics and fragrances; food and flavor ingredients; health and nutrition; household and industrial cleaners; and other industrial applications. The company uses fermentation platforms to convert biomass into renewable fuels and chemicals, enabling customers to access sustainable solvents and ingredients derived from feedstocks such as corn and cellulosic materials. Operations include pilot, demo and lab facilities in the United States, with executive offices in the United Kingdom and satellite offices in China, Brazil and India. The company was incorporated in 2002 and is based in Abingdon, United Kingdom.

Avantium

Series G in 2014
Avantium is a Dutch technology company specializing in advanced high-throughput research and development for energy, chemicals, and pharmaceutical industries. Headquartered in Amsterdam with state-of-the-art laboratories, Avantium's proprietary technology accelerates product and process innovation while reducing costs. With over 70 global clients, including industry leaders, Avantium has proven its technology's validity and commercial viability. The company focuses on developing new biofuels, bio-based chemicals, and novel crystal forms of marketed drugs under patent. Its team comprises highly educated professionals in catalysis, crystallography, organic chemistry, engineering, statistics, cheminformatics, and software development, collaborating closely with partner R&D organizations to drive innovation.

FRX Innovations

Series C in 2014
FRX Innovations is an industrial manufacturer based in Chelmsford, MA, specializing in environmentally sustainable flame retardant solutions within the plastics and additives market. The company produces Nofia polyphosphonates, a family of non-halogen, transparent, and high melt flowing fire-resistant plastics. FRX Innovations focuses on delivering high value-added solutions to various sectors, including textiles, electronics, automotive, electric vehicles, and medical devices. Its products are developed using sustainable green chemistry principles, featuring a solvent-free production process that generates no waste byproducts and maximizes atom efficiency. Through its innovative offerings, FRX Innovations aims to address the growing demand for safer and more sustainable materials in multiple industries.

Green Biologics

Series B in 2013
Green Biologics is a UK-based industrial biotechnology company that develops and manufactures renewable solvents and specialty chemicals through fermentation of biomass. Its portfolio includes renewable butanol, acetone, and C4 derivatives, as well as GreenFlame charcoal lighting fluids. The products support markets across paints, coatings, adhesives and inks; personal care, cosmetics and fragrances; food and flavor ingredients; health and nutrition; household and industrial cleaners; and other industrial applications. The company uses fermentation platforms to convert biomass into renewable fuels and chemicals, enabling customers to access sustainable solvents and ingredients derived from feedstocks such as corn and cellulosic materials. Operations include pilot, demo and lab facilities in the United States, with executive offices in the United Kingdom and satellite offices in China, Brazil and India. The company was incorporated in 2002 and is based in Abingdon, United Kingdom.

Green Biologics

Venture Round in 2013
Green Biologics is a UK-based industrial biotechnology company that develops and manufactures renewable solvents and specialty chemicals through fermentation of biomass. Its portfolio includes renewable butanol, acetone, and C4 derivatives, as well as GreenFlame charcoal lighting fluids. The products support markets across paints, coatings, adhesives and inks; personal care, cosmetics and fragrances; food and flavor ingredients; health and nutrition; household and industrial cleaners; and other industrial applications. The company uses fermentation platforms to convert biomass into renewable fuels and chemicals, enabling customers to access sustainable solvents and ingredients derived from feedstocks such as corn and cellulosic materials. Operations include pilot, demo and lab facilities in the United States, with executive offices in the United Kingdom and satellite offices in China, Brazil and India. The company was incorporated in 2002 and is based in Abingdon, United Kingdom.

Green Biologics

Venture Round in 2012
Green Biologics is a UK-based industrial biotechnology company that develops and manufactures renewable solvents and specialty chemicals through fermentation of biomass. Its portfolio includes renewable butanol, acetone, and C4 derivatives, as well as GreenFlame charcoal lighting fluids. The products support markets across paints, coatings, adhesives and inks; personal care, cosmetics and fragrances; food and flavor ingredients; health and nutrition; household and industrial cleaners; and other industrial applications. The company uses fermentation platforms to convert biomass into renewable fuels and chemicals, enabling customers to access sustainable solvents and ingredients derived from feedstocks such as corn and cellulosic materials. Operations include pilot, demo and lab facilities in the United States, with executive offices in the United Kingdom and satellite offices in China, Brazil and India. The company was incorporated in 2002 and is based in Abingdon, United Kingdom.

FRX Innovations

Series B in 2011
FRX Innovations is an industrial manufacturer based in Chelmsford, MA, specializing in environmentally sustainable flame retardant solutions within the plastics and additives market. The company produces Nofia polyphosphonates, a family of non-halogen, transparent, and high melt flowing fire-resistant plastics. FRX Innovations focuses on delivering high value-added solutions to various sectors, including textiles, electronics, automotive, electric vehicles, and medical devices. Its products are developed using sustainable green chemistry principles, featuring a solvent-free production process that generates no waste byproducts and maximizes atom efficiency. Through its innovative offerings, FRX Innovations aims to address the growing demand for safer and more sustainable materials in multiple industries.

Green Biologics

Series B in 2010
Green Biologics is a UK-based industrial biotechnology company that develops and manufactures renewable solvents and specialty chemicals through fermentation of biomass. Its portfolio includes renewable butanol, acetone, and C4 derivatives, as well as GreenFlame charcoal lighting fluids. The products support markets across paints, coatings, adhesives and inks; personal care, cosmetics and fragrances; food and flavor ingredients; health and nutrition; household and industrial cleaners; and other industrial applications. The company uses fermentation platforms to convert biomass into renewable fuels and chemicals, enabling customers to access sustainable solvents and ingredients derived from feedstocks such as corn and cellulosic materials. Operations include pilot, demo and lab facilities in the United States, with executive offices in the United Kingdom and satellite offices in China, Brazil and India. The company was incorporated in 2002 and is based in Abingdon, United Kingdom.

FRX Innovations

Series A in 2009
FRX Innovations is an industrial manufacturer based in Chelmsford, MA, specializing in environmentally sustainable flame retardant solutions within the plastics and additives market. The company produces Nofia polyphosphonates, a family of non-halogen, transparent, and high melt flowing fire-resistant plastics. FRX Innovations focuses on delivering high value-added solutions to various sectors, including textiles, electronics, automotive, electric vehicles, and medical devices. Its products are developed using sustainable green chemistry principles, featuring a solvent-free production process that generates no waste byproducts and maximizes atom efficiency. Through its innovative offerings, FRX Innovations aims to address the growing demand for safer and more sustainable materials in multiple industries.

Avantium

Venture Round in 2008
Avantium is a Dutch technology company specializing in advanced high-throughput research and development for energy, chemicals, and pharmaceutical industries. Headquartered in Amsterdam with state-of-the-art laboratories, Avantium's proprietary technology accelerates product and process innovation while reducing costs. With over 70 global clients, including industry leaders, Avantium has proven its technology's validity and commercial viability. The company focuses on developing new biofuels, bio-based chemicals, and novel crystal forms of marketed drugs under patent. Its team comprises highly educated professionals in catalysis, crystallography, organic chemistry, engineering, statistics, cheminformatics, and software development, collaborating closely with partner R&D organizations to drive innovation.

Mendel Biotechnology

Series D in 2007
Mendel Biotechnology, Inc. operates as a plant biotechnology company. The company focuses on developing genetic and chemical solutions for a range of agricultural markets. It offers biofuel feedstocks, yield enhancement, flowering, drought tolerance, freezing tolerance, disease resistance, nutrient use efficiency, and cold germination products. The company has strategic partnerships with Monsanto Corporation, BP, and Bayer CropScience. Mendel Biotechnology, Inc. was founded in 1997 and is based in Hayward, California. It has operations in the United States, Europe, and China.
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