Borregaard ASA
Borregaard ASA is a Norwegian company that develops, produces, and sells biomaterials, biochemicals, and fine chemicals, with operations in Europe, the United States, and Asia. The company is organized into three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment specializes in biopolymers used as binding and dispersing agents across various industries, including construction and agrochemicals, and also produces biovanillin for the food and beverage sector. The BioMaterials segment offers specialty cellulose, which serves as a raw material in the manufacturing of cellulose ethers and other specialty products, as well as cellulose fibrils for industrial applications. The Fine Chemicals segment provides pharmaceutical intermediates and bioethanol. Borregaard ASA operates green biorefineries, focusing on environmentally friendly biochemicals derived from renewable resources, thereby offering sustainable alternatives to oil-based products. Established in 2012, the company is headquartered in Sarpsborg, Norway.
Alginor ASA
Corporate Round in 2024
Alginor ASA is a company focused on the sustainable utilization of seaweed resources from the Arctic region, particularly Laminaria Hyperborea. Established on March 24, 2014, Alginor aims to develop an integrated biorefinery that maximizes the use of seaweed biomass for producing a range of high-value ingredients. These ingredients include mannitol, fucoidan, cellulose, alginate, oligosaccharides, polyphenols, carotenoids, amino acids, and other biobased materials. The company is committed to eco-friendly and efficient processing methods, setting a standard for innovative solutions in various sectors, including food, feed, pharmaceuticals, agriculture, chemicals, and materials. Alginor plans to construct a demonstration biorefinery with an initial production capacity of 5,000 tons of seaweed annually and aims for future expansion to a full-scale industrial facility capable of processing 50,000 tons per year. This approach not only addresses the potential of seaweed as a valuable resource but also emphasizes zero waste and sustainable practices in production.
Kaffe Bueno
Series A in 2024
Kaffe Bueno ApS is a Danish company established in 2016 that specializes in upcycling coffee waste to create ingredients for cosmetics, functional foods, and nutraceuticals. Utilizing proprietary biotechnology and green chemistry, Kaffe Bueno transforms spent coffee grounds into valuable products such as coffee oils, coffee flour, and coffee beans. The company's mission is to maximize the usability of coffee by-products while minimizing harmful emissions, thereby redefining the perception of coffee from merely a beverage to a potent source of health benefits. Kaffe Bueno caters to a diverse range of clients, including industrial coffee producers, cafes, hotels, and offices, enabling them to contribute to sustainable practices through the upcycling of coffee waste.
Lignovations
Seed Round in 2023
Lignovations specializes in the development of innovative lignin particles through a patented technology that transforms raw lignin from biomass into colloidal forms. This process enhances lignin's natural properties, making it suitable for various industrial applications. The company aims to facilitate the shift from fossil-based resources to sustainable biomass alternatives, providing a biodegradable and non-toxic substitute for harmful synthetic ingredients commonly found in consumer products, such as UV filters, emulsifiers, antioxidants, and antimicrobial agents. By leveraging a wide array of lignin sources, Lignovations offers a versatile biomaterial that addresses environmental concerns associated with traditional chemical components.
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