# Mevaldi Expands Production Capacity in Sustainable Chemistry with New Investment

> Dutch biotechnology start-up Mevaldi is preparing to expand its production capacity in sustainable chemistry following a new investment round joined by ICOS Capital. The company aims to bring its bio-based chemical building blocks, derived from sugars and wood residues, to broader markets through a Europe-based production chain.

Published: 2026-01-15T13:13:00+00:00
Language: en
Categories: [Polyurethane](https://chemexworld.com/en/categories/sectors/polyurethane.md), [Europe](https://chemexworld.com/en/categories/regions/europe.md), [Climate, Energy and Environment](https://chemexworld.com/en/categories/more/climate-energy-and-environment.md)

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## Content

Netherlands-based biotechnology company **Mevaldi B.V.** announced that it has secured new funding led by **ICOS Capital**, with continued support from existing investors **High-Tech Gründerfonds (HTGF)** and **ICIG Ventures**. Mevaldi focuses on developing sustainable chemical building blocks for polymers and polyurethanes using renewable biological raw materials.

### Bio-Based Chemicals from Sugars and Wood Residues

Since 2020, the company has been developing a product known as **3MPD**, which is produced from **sugars and wood residues**. According to Mevaldi, 3MPD is manufactured through a patented **bio-thermochemical** process and is positioned as a versatile building block suitable for a wide range of sustainable chemical applications.

![](https://chemexworld.com/storage/uploads/green_chemistry.png)

### Focus on Industrial Scale and Market Expansion

With the new financing, Mevaldi plans to accelerate its move toward **industrial-scale production** and **commercialization**. The company emphasizes that its entire production chain is located in Europe, allowing it to combine high performance with lower environmental impact and competitive cost structures.

### Investor Perspectives

ICOS Capital highlighted Mevaldi’s potential to access multiple markets and its ability to scale production with comparatively lower capital requirements. Mevaldi CEO **Roger Ottenheym** stated that the investment will support the company’s goal of bringing bio-based chemical building blocks to market more rapidly, while achieving cost parity with fossil-based alternatives and reducing carbon emissions.