Inokem secures 2.5 million euros for Iberian expansion

Portuguese biotechnology company Inokem has secured 2.5 million euros to accelerate its expansion across the Iberian Peninsula, specifically targeting the Spanish market. The funding was obtained through the Impact Innovation Fund (IIF), managed by 3xP Global, as part of the Venture Capital Program of the Capitalization and Resilience Fund (FdCR) managed by Banco Português de Fomento.

The capital will be used to strengthen operational capacity, increase research and development in green biochemistry, and expand the company's presence in the retail sector. Inokem plans to develop two technological platforms, RefillNation and Inokey, to serve both consumer and business markets. The company also aims to expand its refill system into Spain.

Specializing in ultra-concentrated and biodegradable detergents, Inokem focuses on reducing water and plastic usage in logistics. The company reported its best financial performance in 12 years in 2025, with a turnover of one million euros. To date, its solutions have reportedly prevented the use of approximately 8.8 million conventional packages, saving over 250 tons of plastic.