Kemiex has secured equity investments from the strategic investment arm of CME Group, CME Ventures, the global data and analytics company DTN, as well as the family office Wille Finance. Investors add extensive capabilities and network in commodity trade, risk management and data.
- Investors are global leaders in trade and data, facilitating the profitable growth of Kemiex
- Capital deployed to enhance technology, expand product scope beyond nutrition and health
- Investors will together help Kemiex accelerate its go to market via their extensive network in Agriculture, Chemicals and other physically traded raw materials.
ZURICH, SWITZERLAND. Kemiex AG, a specialised and fast-growing provider of procurement, sales and intelligence platforms for physical raw materials, has secured investment funding from CME Ventures, DTN and Wille Finance. The details of the authorised 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 solving 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.
At the start of their venture Kemiex formed a strategic partnership with Atradius who provide 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, surety and debt collections.
Photo of Pau Franquet and Oriol Saludes, co-founders of Kemiex.
Pau Franquet, CEO and Co-founder of Kemiex: “We’re pleased to welcome our new strategic shareholders to further institutionalise 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.”
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.”
Claus Gramlich-Eicher, CFO of Atradius: “Our relationship with Kemiex dates back to the start of their venture when the two companies jointly developed an innovative online platform to facilitate trade of commodities and chemicals. We are happy to see such a well matched strategic investment to be the catalyst for a new phase of growth, delving deeper into data and analytics to bring transparency to trade.”
CME Group (NASDAQ:CME) operates the world's largest commodity and derivatives marketplaces such as Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), The Commodity Exchange (COMEX), EBS and others. Asset classes include agricultural products, currencies, energy, interest rates, metals, and more.
DTN is a leading digital provider of information services, supply chain connectivity solutions and decision-support tools to agriculture, oil and gas, trading and weather-sensitive industries worldwide and owner of media channel The Progressive Farmer and others. DTN, based in Minnesota, is owned by TBG, an investment holding based in Switzerland.
About Wille Finance:
Wille Finance is a Family Office established in 2007 with an entrepreneurial spirit, focusing on private equity (venture capital & buy-out), real estate & listed assets.
Kemiex is a company founded in Zurich in 2017, with the aim to improve the handling of raw materials in the Feed, Food, Vet and Pharma industries. The vision of the founders, Oriol Saludes and Pau Franquet, is to create the first platform able to digitalise transactions in these traditional industries, connecting reliable buyers and sellers around the world and helping companies to grow.
• Kemiex joined by strategic investors to accelerate digital trade and analytics of raw materials, chemicals (English)
• Kemiex se une a inversionistas estratégicos para acelerar el comercio digital y la analítica de materias primas y productos químicos (Spanish)
• Kemiex se une a investidores estratégicos para acelerar comércio digital e análise de matérias-primas e produtos químicos (Portuguese)
• Swiss trading and data analytics platform Kemiex attracts strategic investors (FeedNavigator)
• Schweizer Rohstoff-Startup holt CME Group als strategischen Investor (TrendingTopics)
Not yet a Kemiex client? Register here to join the largest professional network of buyers and sellers of APIs, feed and food additives.