Greenitio, a Singapore-based startup specializing in sustainable biopolymers, has raised US$1.5 million in Seed funding to accelerate its commercial readiness, focusing on replacing harmful synthetic ingredients in cosmetics and specialty chemicals.

Target Company Overview

Greenitio is a Singapore-based startup founded in 2021 that specializes in the development of functional biopolymers derived from fungal chitosan. The company's innovative approach allows it to replace synthetic and petrochemical ingredients commonly used in the cosmetics and specialty chemicals industries with sustainable alternatives. Through its patented green chemistry process, Greenitio produces high-performance, bio-based polymers that offer functional benefits such as film formation, deep moisturization, and enhanced active ingredient delivery.

Greenitio's flagship product lines, including Chitosola™, Chitobe™, and Chitobela™, are multifunctional biopolymers that cater to skin, sun, and hair care applications. These products have been registered in the International Nomenclature of Cosmetic Ingredients (INCI) and the Inventory of Existing Cosmetic Ingredients in China (IECIC), showcasing their regulatory compliance and readiness for market entry.

Industry Overview

The cosmetics and specialty chemicals industries are undergoing a significant transformation as consumers and brands increasingly seek sustainable and eco-friendly products. In Singapore, as well as across the globe, there is