Portugal's Inokem raises €2.5M to push into Spain
What's the deal? InokemDealroom has a profile for this one. Try Dealroom →, a Portuguese maker of ultra-concentrated, biodegradable detergents, has raised €2.5 million in an early-stage round to accelerate its expansion across the Iberian Peninsula. The round was led by the Impact Innovation Fund and 3xP GlobalDealroom has a profile for this one. Try Dealroom →.
The context: Based in Forte da Casa near Lisbon, Inokem has operated in household and industrial cleaning since 2007. It calls the round "the largest-ever investment in biodetergents" (translated from Portuguese).
Why the money? The company plans to expand into Spain, strengthen its position in large retail, and invest in research and development. It will also grow two technology platforms, RefillNationDealroom has a profile for this one. Try Dealroom → and InokeyDealroom has a profile for this one. Try Dealroom →, aimed at business and consumer markets.
The pitch: By cutting water and plastic from its supply chain, Inokem says it has avoided about 8.8 million conventional packages, saved more than 250 tonnes of plastic, and reduced carbon emissions by roughly 437 tonnes. It claims average annual savings above €300 per customer.
By the numbers: Inokem closed 2025 with revenue of €1 million, which it describes as its best financial performance in 12 years. Since a repositioning began in 2019 under chief executive officer Pedro Santos Martins, it has nearly tripled turnover, growing at close to 19% a year.
What they're saying: The investment "validates the business model" and "consolidates us as the largest sustainability and biotechnology group in Portugal," Santos Martins said (translated from Portuguese). Rita Branco, director of the Impact Innovation Fund, called Inokem "exactly the type of transformative company we look to support."
The signal: At €2.5 million, this is a mid-sized early-stage round, but it channels state-backed capital — via the Banco Português de FomentoDealroom has a profile for this one. Try Dealroom →'s venture programme — into green chemistry. The bet is that concentrated, refillable products can win shelf space in mainstream retail on both cost and environmental grounds.
Read more: eco.sapo.pt
Image credit: Generated with Gemini
