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P2 Science
Renewable, green chemistry-based specialty chemical ingredients
About P2 Science
P2 Science is a green chemistry company that develops and manufactures high-performance, renewable ingredients for the beauty, personal care, flavor and fragrance, and performance materials markets. The company was founded in 2011 by Professor Paul Anastas, known as the "father of Green Chemistry," and Dr. Patrick Foley, both from the Yale Center for Green Chemistry and Green Engineering. Their vision was to create sustainable alternatives to the non-sustainable, synthetic compounds commonly used in everyday products. Elm Street Ventures was a co-founder and provided the initial seed capital.
P2 Science operates on the 12 Principles of Green Chemistry, focusing on designing safer, more sustainable products and processes that reduce waste and conserve resources. The company utilizes patented technologies, including Process Intensified Continuous Etherification (PICE) and Process Intensified Ozonolysis (PIOz), to convert renewable feedstocks like vegetable oils and upcycled terpenes from the forestry industry into high-value specialty products. This approach allows for the creation of innovative ingredients that are both high-performing and environmentally friendly. The company's first manufacturing plant opened in Naugatuck, Connecticut, in September 2018.
The company's flagship product line is Citropol®, a portfolio of patented, superior-performing alternatives to silicones and petrochemicals. These ingredients are used in a wide range of cosmetics and personal care products, offering benefits such as hydration, conditioning, and enhanced sensory experiences. For example, Citropol® DE-4 is a high molecular weight liquid polymer that outperforms heavy silicones and ethoxylated esters. In 2023, Unilever's haircare brand, Living Proof, launched new products incorporating P2's ingredients. The company's product portfolio also includes aroma chemicals, ingredients for flavor and fragrance, and specialty materials for markets like nylons and lubricants. P2 Science's business model involves selling these specialty ingredients directly and through distribution to brands and manufacturers globally. The company has secured a total of $39.2 million in funding over nine rounds, with investors including BASF, Chanel, Lewis & Clark AgriFood, and HG Ventures.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Woodbridge, United States
- Employees
- 38
- Open positions
- None listed
- Dealroom signal
- 77.9/100
- Industry
- Wellness Beauty, Chemicals
- Sector
- Wellness Beauty, Biotechnology, Biomass, Spinout, Sustainable Development Goals, Polymers, Climate Tech, DT and LS, science-based
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | May 2026 | $23M | $92M | Emerald Technology Ventures · GS Futures · BASF Venture Capital · Chanel | ↗ |
| GRANTOther financing | Apr 2026 | $2.8M | — | US Department of Energy | ↗ |
Growth signals
Latest recorded traffic for P2 Science is 2.9K monthly website visits, down 3.3% over the last three months. P2 Science's team grew 2.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Connecticut Innovations- EVElm Street Ventures
US Department of Energy
Series A5 investors entered at this stage
BASF Venture Capital
Advantage Capital
Xeraya Capital
Ironwood Capital
BASF
Series B and later10 investors entered at this stage
Chanel
HG Ventures
Webster Bank
Lewis & Clark Agrifood
Safer Made
Sofinnova Partners
Emerald Technology Ventures
GS Futures
dsm-firmenich Venturing
Lewis and Clark Partners
Other known investors1 additional known investor
Yale University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about P2 Science on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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