Pegasus Materials Debuts Bio-Based Industrial Specialty Range

Pegasus Materials, a Netherlands-based developer of high-performance bio-based materials, has introduced its first two specialty polymers designed to advance demanding applications across electronics, data center infrastructure, aerospace, and industrial 3D printing. The product launch coincides with the expansion of the company’s Seed funding round, supporting the transition from pilot development to commercial-scale production.

The company’s newly introduced materials address performance challenges that conventional polymers face, including miniaturization, high thermal loads, mechanical stress, and manufacturing yield constraints. According to the company, early evaluations indicate that the materials enable slimmer electronic connectors, improve reliability of high-speed memory systems, and produce durable additively manufactured components suitable for field deployment.

Pegasus Materials was founded by Richard Pieters and Chris Schröder, whose backgrounds span materials science, chemistry, and biology. The company develops new polymer classes by combining bio-based chemical building blocks with industrial materials engineering, aiming to meet stringent technical specifications while reducing reliance on fossil-based inputs and lowering associated greenhouse gas emissions.

“Our customers are pushing the limits of what materials need to do, whether it’s creating smaller parts, withstanding higher temperatures, or managing mechanical stress,” said Richard Pieters, Co-Founder and CEO of Pegasus Materials. “By combining new bio-based chemistries with deep material science know-how, we can achieve the unique performance specs that customers are looking for and also pair this with a smaller environmental footprint.”

The first of the two materials, Virela-X001, is a bio-based high-heat polyamide engineered for precision molding. It offers high flow characteristics to support thinner wall designs, along with ultra-low moisture uptake to reduce warping and blistering during production. Connector manufacturers are evaluating materials for USB-C interconnects and DDR memory connectors used in data center servers.

The second material, Virela-X002, is a partially bio-based polyimide developed for industrial 3D printing applications. It provides isotropic mechanical strength—maintaining consistent performance in all directions—alongside high thermal stability. Pegasus Materials is working with aerospace and defense partners to assess the material for use in lightweight, heat-resistant aircraft components, where durability and mass reduction are critical.

“Pegasus Materials shows how biology adds enormous value when it’s pointed at the hardest problems in materials,” said Brian Brazeau, Partner at Ferment. “Pegasus starts with clear customer goals — like faster data transfer or lower manufacturing defect rates — and applies biotechnology and chemistry together using ML to reach performance demands efficiently and sustainably. Their model leverages existing assets for faster scaling, and we’re excited to work with LIOF and Fibrant to build Pegasus Materials.”

Jeffrey Lutje Spelberg, investment manager at LIOF, added: “We are very pleased to have Ferment strengthen the investor consortium. With Ferment’s deep expertise in industrial biotechnology and Fibrant’s strong materials knowledge, we now have an exceptional amount of smart money on board. This positions Pegasus Materials for success — both for the Limburg region and far beyond.”

The expanded Seed round includes investment from Ferment and existing investor LIOF, alongside prior participation from Fibrant BV. The funding will support commercial scale-up, expanded customer qualification programs, and the development of the company’s next-generation materials.

Based at the Brightlands Chemelot Campus in Geleen, the Netherlands, Pegasus Materials works with established polymerization and compounding partners to accelerate time-to-market. With the new investment, the company plans to advance the transition from pilot-scale manufacturing to broader industrial deployment.

About Pegasus Materials BV
Pegasus Materials BV is a Netherlands-based materials company focused on developing bio-based specialty polymers for high-performance industrial applications. The company combines materials science, chemistry, and biomanufacturing to create polymers with tailored electrical, thermal, and mechanical properties for use in electronics, additive manufacturing, aerospace, and other demanding sectors. For more information, please click here. 

Source: Pegasus Materials BV

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