Knivsta-based GreenTech business Lignin Industries AB has actually increased EUR3.9 million in a fresh financing round targeted at increasing the commercialisation and scale-up of its bio-based thermoplastics Renol.
The round was led by the Carrick family members– likewise the business’s Owners and bulk proprietors– and attracted engagement from greater than 2 lots capitalists. Over 40% of the financing originated from brand-new capitalists, noting a significant advance in the business’s goal to minimize the plastic market’s dependancy on nonrenewable fuel sources.
Lignin Industries Owner and Chair of the Board Dr Christopher Carrick stated: “ Lignin Industries exists to reveal one more method is feasible: that by wanting to the environment, we can favorably change the international plastic market. Our exclusive procedure takes a natural product and upcycles it right into a lasting, high-performance bio-based polycarbonate. With a plentiful feedstock and the capability to fit within existing plastics framework and procedures, prevalent fostering is underway.“
Established In 2018, Lignin Industries has actually established Renol, a copyrighted polycarbonate made from lignin– the 2nd most bountiful natural product in the world, discovered in all plants. Placed as a sustainable option to standard fossil-based plastics, Renol is made to incorporate flawlessly right into existing plastic production framework, making it a readily sensible choice for prevalent fostering.
Lignin Industries was established by Dr Christopher Carrick, a drug store whose scholastic job assembled with his family members heritage in Europe’s woodland market. With a modern technology birthed from this twin structure, the business utilizes environment-friendly chemistry to upcycle recurring products from the forestry industry. The resulting item, Renol, flaunts applications throughout polyethylene movies, propylene moulds, abdominal moulds, and extra.
The start-up has actually produced considerable passion given that appearing of stealth setting in 2024. It has actually partnered with UK-based compounder and representative Hellyar Plastics, which has actually unlocked to business partnerships throughout sectors consisting of customer electronic devices, home devices, and building and construction.
Lignin Industries is likewise in sophisticated conversations with several suppliers and goes to the Letter of Objective phase with crucial group leaders. Furthermore, its lignin-based plastic shopping bags– made with recycled products– have actually been taken on by style brand names intending to minimize their carbon impact without compromising capability.
Lignin Industries Chief Executive Officer Fredrik Malmfors included: “ We are appreciating business cut-through, onboarding brand-new consumers while meeting repeat orders from existing companions and consumers. Comments declares– Renol operates in the area and readily– and with our ongoing financial investment in R&D we expect additional optimizing its usage situations and applications, as seen in current partnerships with Scania and Vinnova, to name a few crucial calculated companions. The following couple of months has to do with bringing extra items to market and scaling our business procedures“
The article Swedish GreenTech startup Lignin Industries fuels the ‘Renol-ution’ with €3.9 million to fight fossil plastics showed up initially on EU-Startups.
发布者：David Cendon Garcia，转转请注明出处：https://robotalks.cn/swedish-greentech-startup-lignin-industries-fuels-the-renol-ution-with-e3-9-million-to-fight-fossil-plastics/
