Topell Energy B.V. develops proprietary torrefaction technology that transforms diverse, low‑grade biomass into a homogenous, densified biofuel suitable for combustion and gasification. The company’s scalable process is designed to enable large‑scale production of densified biofuel, reducing transport and storage costs and improving conversion efficiency to heat and power. Topell has built its first commercial‑scale plant in Duiven and operates a commercial‑scale demonstration plant in the Netherlands. The company intends to sell its torrefaction technology solutions and additional plants to biomass supply‑chain companies worldwide and will use the new financing to ramp up production at its demonstration plant. Topell recently strengthened its intellectual property position and secured manufacturing rights and a partnership with the Torftech Group to build and improve TORBED® reactors for torrefaction applications. Jules Kortenhorst was appointed CEO earlier this year.

Total raised

$16M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2012