Renewable Energy: Bloom Biorenewables Ltd Announces the Closing of Its Seed Funding (in a Total of €3.9 Million) Led by Breakthrough Energy Ventures-Europe (Initiated by Bill Gates) – Advanced BioFuels USA
(Spotfolio/Bloom Biorenewables) (BEV-E) Bloom Biorenewables, a Swiss startup developing innovative biomass fractionation technologies, closed today its Seed Round of funding, resulting in a total of €3.9 million raised from dilutive and non-dilutive sources. This new investment confirms the potential of the company to act as a leader in sustainability and accelerates the market entry of its bio-based solutions. Bloom’s products are specifically designed to substitute unsustainable fossil-sourced carbon in materials and fuels, a crucial step inthe fight against global CO2 emissions. The...
Source: advancedbiofuelsusa.info