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German startup CYNiO raises over €2 million for next the step in the specialty chemicals industry

  • Freiberg-based chemical startup CYNiO has raised over €2 million in investment capital to scale its sustainable technology for isocyanate production and expand its product portfolio.
  • The funding involved investment from bmp Ventures, IBG Innovation Fund, and TGFS Technologiegründerfonds Sachsen to support CYNiO's path to market readiness.
  • CYNiO specializes in safe, flexible, sustainable production of CO₂-based isocyanates, crucial building blocks for various industries, aiming to spark innovation in end products.
  • The company's first production facility will be in Bitterfeld-Wolfen Chemical Park, Saxony-Anhalt, aiming to reduce dependence on imports and strengthen Europe as a production location.

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