Pegasus Materials BV is a high-performance materials company that combines chemistry, material science, and biomanufacturing. It recently announced the launch of its first two bio-based materials and expanded its Seed funding round.
The new investment from venture studio Ferment and existing investors LIOF and Fibrant BV will help the company move from pilot projects to large-scale production. This supports the electronics, data center, and aerospace industries.
Pegasus focuses on developing materials that use biology’s design flexibility. The company uses bio-based chemical building blocks to create materials that meet demanding performance needs. These materials are made from renewable sources, reducing environmental impact and greenhouse gas emissions. This approach aligns with the industry’s shift toward sustainable solutions without sacrificing quality.
Pegasus’s first products showcase this bio-based innovation. Virela-X001 is a high-heat polyamide derived from bio-based sources. It offers high flow, enabling precise molding, and has ultra-low moisture absorption to reduce warping. It’s suitable for connectors and memory modules in data centers. The second, Virela-X002, is a partially bio-based polyimide designed for industrial 3D printing. It features exceptional strength and high heat tolerance, ideal for lightweight aerospace parts. These materials demonstrate how biology can unlock new performance levels while lowering reliance on fossil resources.
“By combining new bio-based chemistries with advanced material science, we can meet tough customer demands and reduce our environmental footprint,” said CEO Richard Pieters. Based at the Brightlands Chemelot Campus in the Netherlands, Pegasus works with established partners to quickly bring new bio-based materials to market. The additional funding will help expand the product range and speed up adoption, showing how biology can solve complex materials challenges sustainably.
