Chemical marketplace “Sotas ChemMart” raises funding from Rice Capital

Funding Rounds

Summary

Sotas announced that it raised money through a third-party allotment with Rice Capital as the allottee. The company operates Sotas ChemMart, a marketplace for finding, comparing, sampling, and purchasing chemical products. It also offers a chemical database service that lets customers upload catalogs and TDS files to build a dedicated materials database. Sotas will use the new funds to accelerate ChemMart development and build a shared data foundation across its chemical research, database, and marketplace services.

$ Funding

$
Amount - Total raised
Date August 31, 2024 Announcement date
Investors - Lead investors
Company sotas.co.jp Funded company

AskAI Classifications

Sectors
Logistics and Supply Chain Logistics and Supply Chain Management
Functions
Governance, risk and compliance Data Management Procurement and Purchasing

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