Germany’s DUDE CHEM lands €6.5M for sustainable pharma production

Read More
All Posts

Germany’s DUDE CHEM lands €6.5M for sustainable pharma production

In a recent development, the Berlin-based startup has closed €6.5 million in a seed funding round
co-led by VC firms Vorwerk Ventures, which backed Resourcify, Sourcerie, and Planted, and

The round saw participation from other investors, including Frontline, Borski Fund that
recently invested in CarbonX, Auxxo, and Push Ventures. 

Sustainable pharma-chemical production DUDE CHEM will use the funding to expand its scientific team and reintroduce its first product to secure the supply chain for one of Europe’s leading generic drug producers. It will help drive the shift in the chemical and pharmaceutical industries toward sustainable, local production that is more cost-efficient.  

The patented chemical manufacturing processes are touted to reduce the CO2 emissions of drug
development by up to 40% and the waste it creates by up to 70%. 




Don't miss out on the excitement! Reserve your spot at one of our upcoming events:


26 March 2024, Spielfeld Digital Hub, Germany + online





8-9 May 2024, Copernicus Science Centre, Warsaw, Poland + online


Related Posts

Estonia’s Salesforge raises €467K in pre-seed funding to be an AI copilot for B2B sales execution

Tallinn-based Salesforge, a developer of an all-in-one sales execution app has secured $500K (approximately €467K) in a pre-seed round from, Spring Capital, Fiedler Capital, and super angel Maciej Zawadzinski. The recent funding round will support Salesforge’s growth and expansion, enabling the company to unlock new channels and autonomous capabilities. Salesforge is an all-in-one sales execution application that serves as an AI co-pilot and will soon be able to function as an autopilot.

Germany’s The Mobility House gets investment from RheinEnergie to use electric cars as grid storage

Munich-based The Mobility House, a company that provides mobility energy solutions, announced on that it has secured investment from RheinEnergie, a Cologne-based energy service provider. However, the exact details about the funding were not disclosed. The Mobility House’s technology portfolio focuses on transforming mobile and stationary electric vehicle batteries into aggregated storage and flexibility potential. As part of this strategic partnership, RheinEnergie will expand its offering in particular in the energy supply for households and electromobility in the future.

14Peaks Raises $30 Million To Back Fintech And The Future Of Work

14Peaks’ inaugural fund has closed with $30 million raised from a combination of family offices and high-net-worth individuals. Edoardo Ermotti, the founder of this Swiss venture capital firm, sought to recruit a relatively tight circle of limited partners – a select group with relevant experience and contacts for portfolio companies as well as capital to offer. Although the fund has only formally closed this month, Ermotti has been raising money since 2022, when 14Peaks was launched, and has already added 11 companies to the portfolio. The fund’s focus is on business-to-business software providers in two verticals – financial technology (fintech) and the future of work. Early investments include a stake in Rain, the US fintech which works with employers to offer staff advances on salary for hours they have already worked, and Threatfabric, a Dutch cybersecurity specialist.