Kemiex, a Zurich, Switzerland-based provider of procurement, sales and intelligence platforms for physical raw materials, raised an undisclosed amount in funding.
The round was led by CME Ventures, DTN and Wille Finance.
The company intends to use the funds to expand operations and its business reach. elevate its global trade hub to an institutional, enterprise level solution.
Led by Pau Franquet and Oriol Saludes, Kemiex is a specialized provider of procurement, sales and intelligence platforms for physical raw materials. The company 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 solving complex challenges such as Product Carbon Footprint (PCF) and GHG reporting.
The 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.
FinSMEs
24/02/2023
Owain Johnson, Managing Director, Global Head of Research and Product Development, CME Group: “Kemiex’s vertically focused B2B marketplace and digital spot trading technology for physical raw materials offers exciting opportunities in workflow-embedded creation of indices, analytics, data distribution and risk management.”
Marc Chesover, President, and CEO of DTN: “The Kemiex team has shown admirable focus in executing their vision of building a disruptive trade and information platform for animal nutrition, health, and related sectors. We are delighted to support them through the synergies we share in the agriculture sector as well as the DTN expertise in developing sophisticated commodity and supply chain intelligence platforms from both the data and transactional perspective.”
Reto Hertler, Head Private Equity & Venture Capital at Wille Finance: “Kemiex has shown the capability to disrupt an inefficient industry value chain with technology. We are very happy to team up with Kemiex in order to accelerate the growth and bring in our experience in scaling companies.”