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P2 Science Closes $23 Million Round Led by Sofinnova Partners to Accelerate Growth in Beauty and Personal Care.

PRIVATEMay 26, 2026•2 months ago

Amount Raised

$23 Million

Round Type

Funding Round

WoodbridgeManufacturingBiotechnologyRenewable Energy

Investors

Safer Made, L.P.BasfChanelElm Street VenturesConnecticut InnovationsDsm Firmenich VenturesLewis & Clark PartnersGs FuturesEmerald Technology VenturesSofinnova Partners

Description

P2 Science, a green chemistry company, announced the closing of a $23 million funding round led by Sofinnova Partners. The financing aims to accelerate commercial growth and expand its green chemistry platform into new markets. New investors include Emerald Technology Ventures and GS Futures. The funding reflects confidence in P2's innovation and market traction.

Company Information

Company

P2 Science

Location

4 RESEARCH DRIVE

Woodbridge, Connecticut, United States

About

P2 Science is a green chemistry company co-founded by Professor Paul Anastas, head of the Yale Center for Green Chemistry and Green Engineering. P2 has developed and patented technologies for converting renewable feedstocks into high-value specialty products. Investors in P2 include Lewis and Clark AgriFood, Heritage Group Ventures, BASF Venture Capital, and Chanel. The company started its first manufacturing plant in September 2018, producing renewable aroma chemicals and cosmetic ingredients.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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