Vertus Energy, a company focused on decentralized bio-energy hubs, has announced the successful closure of an €8.75 million seed funding round. The investment, led by Energy Capital Ventures and supported by other investors, will be used to scale and commercially deploy the company’s flagship product, BRIO.
BRIO is a technology that enables advanced control of anaerobic bacteria, which accelerates biomethane generation and increases energy output. The technology has several key advantages, including the ability to generate biomethane up to three times faster than existing technologies and increase energy production by up to 60% from the same amount of waste.
The funding will be used to accelerate the commercial adoption of BRIO across diverse applications, including wastewater treatment plants and biogas facilities. The global biogas market is expected to grow at an annual rate of 5.2% from 2020 to 2030, and Vertus Energy’s technology positions it at the forefront of this growth trajectory.
Benjamin Howard, Co-founder and COO of Vertus Energy, emphasized the company’s commitment to sustainability and its goal of delivering energy justice for all. He stated that the backing of world-class investors has enabled the company to deliver key objectives and partner with global players to pursue a common benefit.
