Chemolex

Chemolex

Cleaning our Rivers One Plastic at a Time.

Founded 2013 Kenya

Nairobi, Kenya 6 employees Non Equity Assistance Total: $1.60M Renewable Energy, Clean Energy +1

Chemolex Limited is a fast-growing clean energy and waste management start-up based in Nairobi, Kenya, founded in 2013. Led by a team of very passionate and highly experienced environmental enthusiasts, the company's slogan "Cleaning our Rivers One Plastic at a Time" reflects its commitment to environmental sustainability. Chemolex has developed an effective plastic waste capture system that is utilized to capture plastic waste in the Kenyan urban rivers. The company operates in the Renewable Energy and Clean Energy industries, positioning itself at the forefront of sustainability efforts. The latest investment of £750.00K in the company came in the form of a grant investment on 16 March 2023. This investment was made by the Government of Canada and Challenge Works, signifying growing interest and support from both governmental and private sectors in Chemolex's mission. The backing from reputable investors aligns with the company's potential for significant impact in the environmental and clean energy space. This funding is expected to propel Chemolex's innovative solutions and contribute to its continued expansion and influence in combating plastic waste and promoting clean energy practices in Kenya and beyond.

Funding Stage	Amount	Investors	Lead Investors	Date
Non Equity Assistance	Undisclosed	1	Leading Cities	31 Jul 2024
Grant	£750.00K	2	Government of Canada, Challenge Works	16 Mar 2023
Grant	£850.00K	1	Government of Canada	02 Jul 2022

Funding Stage

Amount

Investors

Lead Investors

Date

Non Equity Assistance

Undisclosed

Leading Cities

31 Jul 2024

Grant

£750.00K

Government of Canada, Challenge Works

16 Mar 2023

Grant

£850.00K

Government of Canada

02 Jul 2022

FAQ About Chemolex

Cleaning our Rivers One Plastic at a Time.

Chemolex was founded in 2013.

Chemolex is headquartered in Nairobi, Kenya.

Chemolex operates in Renewable Energy, Clean Energy and Waste Solution. Its work centres on clean energy, waste management, off-grid households and environmental sustainability.

Chemolex has approximately 6 employees.

Chemolex has completed 3 funding rounds, raising a total of $1.60M. The latest funding stage is Non Equity Assistance.

Top alternatives and competitors to Chemolex include Konvex AB, BRYCOAL, Maine Standard Biofuels, Lumos Global, WASSHA Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Chemolex and Konvex AB are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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