Josko Bobanovic, Partner, Green Chemistry and Bioenergy, Sofinnova partners

What do you and your organisation do in the bio-based Chemical market?
We are seed and early stage venture capital investor into companies active in bio-based chemicals sector.

What is the biggest challenge facing the bio- based chemicals market in the short term (1-3 years)?
Finding financing at expansion stage that could not be supported by VCs but is often too risky for bank financing.

What do you feel are the most important market drivers that will affect future demand for bio- based chemicals?
Lower cost and improved performance enabled by bio-based chemicals

Do you feel that an integrated chemicals market will evolve in the longer term?
Yes