P2 Science

Summary active Updated May 27, 2026

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Location Woodbridge, CT
Latest Stage Growth
Total Raised $23M+

Founders

Paul Anastas Co-Founder
Patrick Foley Co-Founder

About

P2 Science is a Woodbridge, Connecticut-based green chemistry company co-founded by Professor Paul Anastas (the “father of green chemistry”) and Dr. Patrick Foley out of Yale’s Center for Green Chemistry and Green Engineering, transforming sustainable feedstocks into high-performance ingredients for beauty, personal care, and adjacent industries; CEO Oihana Elizalde leads the company 123. P2 Science was named to Fast Company’s World’s Most Innovative Companies list in both 2025 and 2026 and was selected for L’Oréal’s €100M L’AcceleratOR sustainable-innovation accelerator 1. The oversubscribed $23M growth round announced May 26, 2026 was led by Sofinnova Partners — its first up round — with new investors Emerald Technology Ventures and GS Futures joining returning backers Lewis & Clark Partners, DSM-Firmenich Ventures, Connecticut Innovations, Elm Street Ventures, Chanel, BASF, and Safer Made; capital will fund expansion into aroma technologies, performance polymers, home care, coatings, and crop care 123.

Funding History

Date Round Amount Lead Co-investors
2026-05-26 Growth (up round) $23M Sofinnova Partners Emerald Technology Ventures, GS Futures, Lewis & Clark Partners, DSM-Firmenich Ventures, Connecticut Innovations, Elm Street Ventures, Chanel, BASF, Safer Made 123

What Investors Say

No independently sourced investor quotes found at this time.

What Founders Say

“This milestone validates the strength of our technology and the urgency of global demand for clean, scalable manufacturing solutions.”

— Oihana Elizalde, CEO, P2 Science 1

Sources


  1. PR Newswire, “P2 Science Closes $23 Million Round to Accelerate Commercial Momentum and Expand Green Chemistry Platform into New Markets,” May 26, 2026. Accessed May 2026. https://www.prnewswire.com/news-releases/p2-science-closes-23-million-round-to-accelerate-commercial-momentum-and-expand-green-chemistry-platform-into-new-markets-302781243.html

  2. Pulse2, “P2 Science Raises $23 Million To Expand Green Chemistry Platform Into New Markets,” May 26, 2026. Accessed May 2026. https://pulse2.com/p2-science-raises-23-million-to-expand-green-chemistry-platform-into-new-markets/

  3. Personal Care Magazine, “P2 Science secures $23m funding to expand market reach,” May 2026. Accessed May 2026. https://www.personalcaremagazine.com/story/51588/p2-science-secures-23m-funding-to-expand-market-reach