Venture Capital

Digital Chemistry

Chembid is the world’s largest search engine and market intelligence platform for chemicals.

The startup, which is based in Germany, has developed a meta search engine and also uses smart algorithms to offer market information about price trends, demand patterns, and other matters. The platform already has over 50,000 users per month from more than 150 countries. Chembid is also expanding its platform services by integrating the digital lab assistant COATINO® from Evonik Coating Additives. By supporting the development of Chembid, we are further expanding our e-commerce activities and reaching a broader customer base.

The voice-based laboratory assistant "COATINO™" was presented at the European Coatings Show in 2019