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§ Private Profile · Tomtebodavägen 6 A1 Fl 4, Solna, Stockholm, 171 65, Sweden
Biotechnology company enabling sustainable biomanufacturing with cell-free synthetic biology and enzyme immobilization.
EnginZyme has raised $42.6M across 3 funding rounds.
Key people at EnginZyme.
EnginZyme has raised $42.6M in total across 3 funding rounds.
EnginZyme is a Solna, Sweden-based industrial biotechnology company developing a cell-free synthetic biology platform utilizing enzyme immobilization technology to manufacture small molecules, fine chemicals, and pharmaceutical products. The organization provides research and development services to industry clients, combining biological diversity with chemical manufacturing efficiency to produce materials without living organisms. Operating with a workforce of over 30 employees and generating under $5 million in annual revenue, the enterprise has validated six enzyme cascades for commercial scale production. EnginZyme has secured capital to commercialize its biomanufacturing processes, including a €21 million Series B round and an €11 million Series A extension backed by Sofinnova Partners, Industrifonden, and SEB GreenTech VC. Additionally, the firm has established strategic partnerships with corporate entities such as Tetra Pak to advance sustainable food production. EnginZyme was founded in 2014 by Karim Cassimjee.
Key people at EnginZyme.
EnginZyme has raised $42.6M in total across 3 funding rounds.
EnginZyme's investors include Helen Taflin, Bunge Ventures, Industrifonden, Alex Basu, SEB Greentech Venture Capital, Michael Krel, Patrik Sobocki (MSc, PhD).
EnginZyme is a Swedish biotech company founded in 2014 that develops enzyme-based technologies to replace traditional chemical catalysts, enabling sustainable production of chemicals, foods, pharmaceuticals, and materials.[1][3][5][6] It serves the chemical industry and partners in food, nutraceuticals, cosmetics, and mRNA vaccines by solving high-waste, energy-intensive manufacturing through cell-free biocatalysis, with products like food-oil processes already scaling commercially and a team of about 50 employees driving growth.[1][2][6]
EnginZyme emerged as an academic spin-off in 2014 from Stockholm, Sweden, co-founded by Karim Engelmark Cassimjee, an engineer motivated by the gap between enzyme research and industrial application.[1][4][6] Cassimjee saw nature's efficient, low-waste enzymes as a sustainable alternative to heavy metal catalysts in chemical production, leading to the company's patented EziG immobilization technology for cell-free biomanufacturing.[1][3][5] Early challenges included shifting from data-driven academia to fast-paced entrepreneurship, but pivotal moments like validating six enzyme cascades and securing World Economic Forum recognition as a 2021 Technology Pioneer marked rapid traction.[1][6][7]
EnginZyme rides the wave of industrial decarbonization and bioeconomy trends, addressing the chemical sector's massive emissions—responsible for products from plastics to drugs—by hybridizing biology's precision with chemical efficiency.[5][7][8] Timing aligns with global sustainability mandates and enzyme tech maturity, amplified by collaborations like ENCCS for molecular dynamics and EIT Food for scaling, positioning it as Europe's sole full-stack enzymatic chemistry player.[2][3][4] It influences the ecosystem by enabling partners to cut energy use, innovate novel products (e.g., mRNA ingredients), and accelerate the shift from heavy metals to biocatalysts, fostering academia-industry ties for high-impact discovery.[1][4][7]
EnginZyme is poised for expanded commercialization beyond initial products like food oils and vaccine ingredients, targeting broader chemical, food, and materials markets with scalable cascades already validated.[1][6] Trends in AI-driven enzyme design, regulatory pushes for green chemistry, and biomanufacturing demand will propel growth, potentially slashing industry emissions toward zero while competing economically.[3][5][8] Its influence may evolve from pioneer to key enabler, powering sustainable evolution in a trillion-dollar sector too vast for revolution—unlocking enzymes to redefine chemical production as nature intended.[1][5]
EnginZyme has raised $42.6M across 3 funding rounds. Most recently, it raised $22.3M Series B in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 19, 2022 | $22.3M Series B | — | Helen Taflin, Bunge Ventures, Industrifonden, Alex Basu, SEB Greentech Venture Capital, Michael Krel | Announced |
| Feb 10, 2021 | $13.3M Series A | Patrik Sobocki (msc, Phd) | — | Announced |
| Apr 22, 2020 | $6.9M Series A | Michael Krel | — | Announced |