In 2017, the start-up chembid has launched a global search engine and online-platform for chemicals and related services. It offers a digital solution for purchasing and selling chemicals and connects buyers and sellers, offering them a fast and easy information, trading and marketing environment. Currently, there are about two million product offers by around 100,000 suppliers from over 150 countries available. Since the beginning of the year 2018, the platform has been growing by about 800 % to over 35,000 current monthly users.

The STOCKMEIER Group has become a shareholder of the technology start-up. Chembid will use the capital increase to develop the search engine further, expand its data-based services for chemical companies, and promote global marketing. By combining big data analytics and modern marketing technologies, chembid aims at providing its clients with information and analysis tools, to help them better recognize market potential and initiate targeted measures.

• Chembid, Oldenburg, Germany

• STOCKMEIER Group, Bielefeld, Germany