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Chemicals and Materials Tech Series D Founded 2011

P2 Science

P2 Science develops and manufactures bio-renewable specialty chemicals using the 12 Principles of Green Chemistry, transforming nature's building blocks into high-performance, plant-based ingredients for consumer goods industries. Co-founded by Paul Anastas, widely recognized as the father of Green Chemistry, the company serves four industry segments: Beauty and Personal Care (the Citropol series of award-winning…

📍 Woodbridge, United States · Chemicals Tech

Funding snapshot

Last roundSeries D
Amount$23M
Date27 May 2026
Total raised$62M
Team size40

About

P2 Science develops and manufactures bio-renewable specialty chemicals using the 12 Principles of Green Chemistry, transforming nature's building blocks into high-performance, plant-based ingredients for consumer goods industries. Co-founded by Paul Anastas, widely recognized as the father of Green Chemistry, the company serves four industry segments: Beauty and Personal Care (the Citropol series of award-winning ingredients including Citropol F, a groundbreaking fragrance enhancer recognized by Fast Company as #2 Most Innovative in beauty), Aroma Technologies (unlocking new aroma experiences), Performance Materials (biorenewable polymer intermediates producing petroleum-like biopolymers from sustainable resources), and Crop Care (harnessing natural systems). P2 Science's proprietary technology platform combines green chemistry principles with process intensification (PICE/PIOz) to develop new reactor technologies and high-performance liquid polymers, taking harmful chemicals out of consumer goods and replacing them with safer, high-performance ingredients sourced from abundant plant-based inputs rather than fossil-based raw materials. The company partners with brands and manufacturers in 25 countries, holding to sustainability from consciously sourced renewable feedstocks through low-energy, high-efficiency manufacturing to biodegradability post-use. P2 has been recognized by Fast Company as one of its Most Innovative Companies for two consecutive years and has won multiple C&T Alle Awards for sustainable innovation. Founded in 2011 and headquartered in Woodbridge, Connecticut, P2 Science has raised approximately $62.2 million in a Series D round backed by BASF, Chanel, HG Ventures, Xeraya Capital, Connecticut Innovations, Sofinnova Partners, Emerald Technology Ventures, Elm Street Ventures, Ironwood Capital, Safer Made, Lewis & Clark Agrifood, Advantage Capital, the Malaysian Life Sciences Capital Fund, and Webster Financial Corporation.

Business model

Chemicals Tech > Green Chemicals > Diversified

Institutional investors

HG Ventures Xeraya Capital BASF Elm Street Ventures Connecticut Innovations Chanel Ironwood Capital Safer Made Lewis & Clark Agrifood Advantage Capital Malaysian Life Sciences Capital Fund Webster Financial Corporation Sofinnova Partners Emerald Technology Ventures GS Futures

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