Investment
Biogas-to-methanol startup raises $22 M
Emvolon, a startup that turns biogas into methanol, has raised $22 million in a series A round. Its modular systems convert biogas from landfills, anaerobic digestion facilities and other sources into methanol. The company spun out of MIT in 2021.…
Circularity Fuels raises $7 M to turn dairy biogas into jet fuel
Circularity Fuels has closed a $7 million seed round to scale jet fuel made from dairy biogas. Trucks and DCVC led the round. Sum Ventures and Automotive Ventures also took part. In June, the California company completed the first end-to-end…
Edonia raises €15M for bio-based protein
Paris-based biotech startup Edonia has closed a €15M ($16.8M) round to scale up its bio-based spirulina protein. Swen Blue Ocean 2, Asterion Ventures and EIT Food led the investment. Bpifrance added non-dilutive funding under France 2030, alongside bank loans. Edonia's…
Greencovery raises €1M for bio-based cocoa ingredients
Greencovery, a food tech startup based in Wageningen, Netherlands, has raised €1M to scale its bio-based cocoa upcycling technology. Its platform uses a mild separation process to turn food industry biomass sidestreams into higher-value bio-based ingredients. It yields proteins, amino…
Metacon joins EU project on biogas hydrogen
Metacon AB’s Greek subsidiary, Metacon SA, has secured EUR 188,018 (USD 210,138) in European Union funding to produce high-purity hydrogen from biogas. Metacon SA is taking part in the 36-month PUREHY2+ project. The team is developing an integrated system that…
Via Verde targets farm waste for biomethane
Copenhagen Infrastructure Partners (CIP) has made its first move into Italian biomethane. Its ABF II fund is backing Via Verde, a platform that turns agricultural waste into renewable gas. Via Verde is the first investment for ABF II. It is…