DUDE CHEM

DUDE CHEM

Private
Berlin, BerlinHealthcare & Life Scienceshttps://www.dudechem.com/

Last Round

Seed

Feb 7, 2024

Total Funding Raised

$7M

Momentum Score

50 /100

Company Overview

DUDE CHEM is a green chemical manufacturing company based in Berlin, Germany, that operates as a virtual deep-tech manufacturer. The company focuses on supplying greener produced active pharmaceutical ingredients (APIs) and their intermediates to transform the pharmaceutical-chemical industry into an environmentally sustainable sector. The name "DUDE CHEM" is derived from "duodecim," the Latin for twelve, referencing the 12 Principles of Green Chemistry that form the foundation of its business. By combining these principles with digitalization and computational chemistry, the company aims to create more cost-effective and efficient production processes that reduce waste by up to 70% and CO2 emissions by 40%. Founded in 2019, the company utilizes a network of manufacturers to re-shore pharmaceutical production to Europe, enhancing supply chain resilience. In February 2024, DUDE CHEM closed a seed funding round of approximately €6.5 million to expand its team and operations.

Sector

Healthcare & Life Sciences

Verticals

Pharma Supply Chain, Clean Manufacturing, Sustainable Materials

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

green chemistryactive pharmaceutical ingredientsAPIchemical process developmentvirtual manufacturercontract manufacturingsustainable chemical productionpharmaceutical intermediatesasset-light manufacturingCMOprocess chemistrypharma supply chainsynthesis route designclean manufacturingproduction re-shoringcomputational chemistry

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DUDE CHEM Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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DUDE CHEM Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 7, 2024

Key People

Founding team and executive leadership

Eugene Lednov

CTO

Executive Team

DUDE CHEM Investors

Notable investors and investment history

Market signals

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  • Feb 7, 2024

    $7M raised in Seed round.

DUDE CHEM Filings

SEC and related filings with document metadata.

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DUDE CHEM Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBerlin, Berlin
Employee Range29
Year Founded2019
Last FundingFeb 7, 2024

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