{"id":114519,"date":"2022-08-29T07:08:00","date_gmt":"2022-08-29T05:08:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=114519"},"modified":"2022-08-22T08:54:20","modified_gmt":"2022-08-22T06:54:20","slug":"meet-bio-sep-the-green-tech-is-turning-sawdust-into-valuable-biochemicals-with-1-7-million","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/meet-bio-sep-the-green-tech-is-turning-sawdust-into-valuable-biochemicals-with-1-7-million\/","title":{"rendered":"Meet Bio-Sep, the green tech is turning sawdust into valuable biochemicals with $1.7 million"},"content":{"rendered":"\n\n\n

London-headquartered sustainable startup Bio-Sep<\/a> has raised $1.7 million in funding to convert low-value woodchips into high-value biochemicals. The oversubscribed seed round was led by London Business School\u2019s Enterprise 100 Club<\/a> (E100 Club) and ACF Investors<\/a>, with additional participation from a hedge fund that specialises in climate and clean energy technology.<\/p>\n\n\n\n

Founded by Adrian Black<\/a> and Miranda Lindsay-Fynn<\/a>, the early-stage green technology company converts low-value sawdust from forestry into bio-sourced chemicals that can be used in bio-based materials, cosmetics, medication and dental products helping to contribute to the circular economy. The technology is being demonstrated on an industrial scale pilot plant, whilst the company is developing plans to design and build a commercial biorefinery in the year ahead.<\/p>\n\n\n\n

The funding will be used to recruit staff to operate the firm\u2019s pilot plant and design the first scaled-up, commercial plant planned for development in heavily forested Scotland. Construction of the commercial plant, which will be able to process 13,000 tonnes of wood a year, is set to begin in 2023.<\/p>\n\n\n\n

Adrian Black<\/strong>, CEO at Bio-Sep said: \u201cOur technology takes a low-value forestry co-product and turns it into essential chemical building blocks, with all manner of applications across the chemical industry and beyond, delivering significant environmental and economic benefits. This investment will enable us to push on and commercialise the technology and is a fantastic show of support for what we believe to be a world-changing innovation.\u201d <\/p>

John Bates<\/strong>, Enterprise 100 Club member and London Business School fellow said: \u201cLBS is a breeding ground helping to bring students’ ideas to life, giving them access to world-leading experts and initiatives to help them embark on their entrepreneurial journey. Coupled with Enterprise 100, it gives startups like Bio-Sep the opportunity to grow and develop revolutionary ideas to truly change the world.\u201d<\/p>

Sam Fennell<\/a>,<\/strong> partner at ACF Investors said: \u201cAs a society, we rely heavily on the chemicals industry. Products produced by chemical companies afford us high quality of life \u2013 they\u2019re the backbone of everything from modern healthcare to technology. But it\u2019s also an industry that\u2019s notoriously polluting. Cleaning up and decarbonising the chemicals industry will be absolutely key if we are to meet climate goals like the Paris Agreement, and the technology provided by Bio-Sep is well-placed to play a central role.\u201d<\/p><\/blockquote>\n\n\n\n

About Bio-Sep<\/h3>\n\n\n\n

Bio-Sep was founded by Stephen Brooks, a sugar chemist, who was trying to find a solution to the waste from sugar cane production, where 30% of the plant is waste woody biomass which is generally burned or left to rot. Bio-Sep has developed and patented a cleaner, low-energy solution that uses ultrasound to help break down woody biomass into high-value biochemical products.<\/p>\n\n\n\n

Bio-Sep is currently upcycling sawdust, which is the most widely available woody biomass in the UK, from forestry partners. Each \u00a31 of sawdust from sawmills is transformed into \u00a36 of biochemicals with a broad range of potential uses. These biochemicals can often be used to replace petrochemicals, contributing to the decarbonisation of the chemicals industry.<\/p>\n","protected":false},"excerpt":{"rendered":"

London-headquartered sustainable startup Bio-Sep has raised $1.7 million in funding to convert low-value woodchips into high-value biochemicals. The oversubscribed seed round was led by London Business School\u2019s Enterprise 100 Club (E100 Club) and ACF Investors, with additional participation from a hedge fund that specialises in climate and clean energy technology. Founded by Adrian Black and Miranda Lindsay-Fynn, the early-stage green technology company converts […]<\/p>\n","protected":false},"author":105,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"The funding will be used to recruit staff to operate the firm\u2019s pilot plant and design the first scaled-up, commercial plant planned for development in heavily forested Scotland","footnotes":""},"categories":[5572],"tags":[16380,6843,5838,10416,6268,18748,15515,5820],"supplier":[20885,20883,20884],"class_list":["post-114519","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biobased","tag-biochemicals","tag-bioeconomy","tag-circulareconomy","tag-forestry","tag-sawdust","tag-upcycling","tag-wood","supplier-acf-investors","supplier-bio-sep","supplier-london-business-schools-enterprise-100-club-e100-club"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/114519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/105"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=114519"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/114519\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=114519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=114519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=114519"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=114519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}