Paeonia Innovations Pte. Ltd.
Company Profile
Paeonia Innovations Pte Ltd, founded in April 2023, is a distinguished spin-off from ASTAR’s Innovation & Enterprise (I&E) division. Led by CEO Dr. Lennon Lee, former Head of Department at ASTAR’s Institute of Microelectronics, the company is dedicated to advancing measurement and analytical technologies that drive smarter, more sustainable industries. Paeonia specializes in state-of-the-art chemical sensing solutions designed for diverse applications in chemicals, pharmaceuticals, petrochemicals, food processing, and specialty chemicals. Operating with a focused team of 10, including experienced consultants, the company is rapidly expanding to support its growing portfolio of products and customer engagements. Strengthening its collaborative edge, Paeonia Innovation is an active member of CPACT (Community of Practice in Process Analytics & Control Technologies) and PIPS (Pharma Innovation Programme Singapore), underscoring its commitment to global innovation networks and industry partnerships. As an ambitious new entrant, Paeonia Innovations is positioning itself as a dynamic force in industrial and laboratory spectroscopic solutions.
Product & Services
Paeonia Innovations offers advanced solutions in chemical sensing, centred on its groundbreaking palm-sized Mid-Infrared (Mid-IR) spectrometer. This compact yet powerful device enables real-time chemical composition analysis across industries such as pharmaceuticals, specialty chemicals, petrochemicals, and food manufacturing. Designed for durability and precision, the spectrometer operates without moving parts or fragile fibres, making it robust for inline monitoring under diverse industrial conditions. With its rapid spectral acquisition and broad measurement range, it delivers accurate insights essential for optimizing processes, reducing waste, and ensuring consistent product quality. Complementing the hardware, Paeonia provides proprietary chemometrics algorithms that overcome complex matrix effects and deliver reliable data analytics for reaction kinetics, process control, and sustainability goals. By uniting cutting-edge hardware with intelligent data science, Paeonia Innovations is establishing itself as a dynamic new force in applied spectroscopy, redefining how industries approach process monitoring and chemical analysis.