Bio-aromatics company Relement secures its first capital investment
Type of post: NEWS IN BRIEF.
Relement BV has raised its first capital investment from the TTT Smart Industries Fund that is managed by Innovation Industries, a deep-tech Venture Capital fund.
Press release: “A step forward towards a more sustainable chemical industry: bio-aromatics company Relement secures first capital investment”, 09/06/2021.
Related posts: “TNO launches a spin-off company focused on bio-aromatics”, 20/11/2020.
Figure 1. Relement is focused on specialty bio-aromatics (taken from Relement website)
Relement BV is a spin-off from Dutch Research and Development institute TNO. The company is uniquely positioned as a manufacturer of ingredients for coatings and materials, for which there is no renewable alternative today. The investment will enable Relement to contract partners for scaling up sample production for customers and strengthen technological development.