CYNiO secures over 2 million euros for the next innovation step in the specialty chemicals industry
bmp and TGFS invest in chemical start-up
The chemical start-up CYNiO has successfully raised over 2 million euros in investment capital to scale up its sustainable technology for the production of isocyanates and expand its product portfolio in a targeted manner. The young company is thus setting new standards in an industry steeped in tradition - with a clear focus on safety, flexibility and future viability. This is made possible by the joint investment of bmp Ventures with IBG Innovationsfonds and TGFS Technologiegründerfonds Sachsen, whose expertise and network will play a decisive role in supporting CYNiO on its way to market maturity.
CYNiO is revolutionizing the production of isocyanates with a unique, patented, CO₂-based technology that does not require the highly toxic phosgene. This innovation enables the flexible and safe production of even small batches of specialized isocyanates, which serve as important building blocks in numerous products such as medicines, adhesives, coatings and foams and are therefore essential for the pharmaceutical, agricultural and construction industries, among others. Until now, the production of such specialty products has been severely restricted due to toxic and inflexible conventional processes, which has hampered innovation in research and industry.
The company will set up its first production facility in the Bitterfeld-Wolfen Chemical Park in Saxony-Anhalt. From there, CYNiO will supply the European market with novel and currently scarcely available isocyanates and reduce dependency on lengthy and expensive imports. Sales and marketing will operate from the Leipzig region. The location was deliberately chosen in order to bundle central functions in a dynamic, technology-oriented environment.
The founding team around CYNiO consists of Michéle Tille (CEO), Marlene Baumhardt (CPO) and Sophie Riedel (COO). "With our technology, we are creating access to rare isocyanates - safely, economically and in line with demand," says Michéle Tille. "This investment is an essential milestone for our team to get closer to our vision of initiating the development of innovative end products with our chemical products," adds Marlene Baumhardt.
Ywes Israel, Principal at bmp Ventures, emphasizes the outstanding importance for the location: "With CYNiO, another highly innovative company is coming to Bitterfeld-Wolfen, thus strengthening Saxony-Anhalt as a chemical location and Europe as a production location. I am delighted that we are able to accompany the traditional chemical industry into the future with this investment."
Sören Schuster, Managing Director of TGFS: "CYNiO is an outstanding example of how excellent research in Saxony can be turned into marketable high technology. As part of the SAXEED network, the team built up entrepreneurial know-how at an early stage and achieved a real leap forward in innovation in specialty chemicals. The cooperation between two Central German VC investors has made it possible to finance this university spin-off."
The spin-off of TU Bergakademie Freiberg, founded in 2025, is delighted with the growing popularity from research, industry and specialty markets - and is open to new partnerships. Interested companies, research institutes and investors are cordially invited to become part of this development and help shape the future of isocyanate chemistry together.
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.
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