Palmer Holland introduces a new product knowledge platform powered by Knowde's AI technology. The platform is announced as a partnership between Palmer Holland and Knowde.
Knowde, described as the only venture-backed chemical software company, closes a $60 million Series C round led by Blue Cloud Ventures, Point72 Private Investments, and Socium Ventures. Existing investors, including Sequoia Capital, also participate, bringing Knowde’s total funding to $175 million.
Knowde, an online marketplace for chemicals and polymers, closes a $60 million Series C round. The San Jose-based startup raises the financing at a valuation cut, with new investors Blue Cloud Ventures and Point72 Private Investments joining existing backer Sequoia.
Knowde adds BASF as a customer to its digital platform for ingredients, polymers and chemistry. BASF’s storefront on the platform serves personal care, food and nutrition, and other markets.
