Global Bioenergies develops biobased chemical production processes to convert plant-derived resources into compounds used in cosmetics, energy and materials. The company launched the LAST® make-up brand in 2021 and is marketing Isonaturane® 12 to major cosmetics companies. Its core technology focuses on producing isobutene via a two-step process that first makes DMA (prenic acid) from residual sugars and then converts DMA into isobutene. Future plans include optimizing the Horizon 2 production chain, reducing production costs, and preparing the commercial roll-out of the ViaViridia plant (Horizon 3). The company is listed on Euronext Growth Paris (FR0011052257 - ALGBE). Public- and industry-backed projects and partnerships aim to scale industrial production and support the development of green value industries in France. Global Bioenergies develops a fermentation-based process to convert renewable resources (residual sugars and agricultural and forestry waste) into isobutene and has replicated the approach to propylene and butadiene. The company operates an industrial pilot and was constructing a demo plant in Germany to advance industrial development. It coordinates the IBN-One joint venture with Cristal Union to prepare a first full-scale commercial plant and continues improving process performance. IBN-One's plant was projected to become operational in 2019 with an annual capacity of approximately 50,000 tonnes. Global Bioenergies highlights the carbon-reduction benefits of its bio-sourced isobutene and is engaging industrial partners such as Cristal Union for feedstock supply and L'Oréal to test cosmetic derivatives. The company is listed on Alternext, Euronext Paris (FR0011052257 - ALGBE). Global Bioenergies is developing a synthetic biology fermentation process to produce isobutene from renewable feedstocks such as sugar, cereals and agricultural or forestry waste. The company operates an industrial pilot and has begun construction of a demo plant in Germany. It has replicated its approach to produce other gaseous olefins, including propylene and butadiene. Global Bioenergies is preparing a first full-scale plant through a joint venture with Cristal Union called IBN-One and has created a German subsidiary, IBN-Two, to gather funds and operate a German fermentative isobutene plant. The company is listed on Alternext, Euronext Paris. The recent financing is intended to adapt its isobutene process to specific industrial environments and strengthen its leadership in fermentative isobutene.

Total raised

$15M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Mar 2023