Perseo Biotechnology

perseobiotech.com ↗ ·L'Alcúdia ·Seed

Perseo Biotechnology is a Valencian biotech engineering company (L'Alcúdia, Valencia) that valorises the organic fraction of urban, agro-industrial and industrial waste, converting it into advanced bioethanol, bioproducts and bioenergy via its patented PERSEO Bioethanol process. It was incorporated in 2020 as a spin-off of the R&D department of metal-mechanical firm IMECAL, with Repsol taking a ~25% stake through Repsol Corporate Venturing; the underlying technology dates to a 2007 patent filed with CIEMAT. It operates a pre-commercial plant in L'Alcúdia processing ~25 tonnes of waste per day and has led EU projects such as URBIOFIN (the first demonstrative urban biorefinery). Its founding shareholders are companies (IMECAL and Repsol).

Founded

2020

Founders

Total funds raised

—

SectorsBiotechnology, Circular economy, Waste valorisation, Biofuels, Cleantech Start-up MapEnergy & Climate › Waste valorisation & biomaterials

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Founders

Caterina Coll Lozano

CEO

Global models 5

Enerkem

Canada · enerkem.com ↗

Owns the process technology that converts non-recyclable municipal solid waste into biomethanol, ethanol and bio-chemicals, the same waste-to-advanced-biofuels licensing and plant model as Perseo.

~$700MComparable

Fulcrum BioEnergy

United States · www.fulcrum-bioenergy.com ↗

Built proprietary plants to turn municipal solid waste into renewable fuels, backed by strategic oil and energy investors much as Perseo is by Repsol.

~$430MComparable

LanzaTech

United States · lanzatech.com ↗

Biotech engineering company whose patented fermentation turns industrial waste streams into ethanol and chemicals, sold through licences and partnerships with energy majors.

~$380MComparable