Verta Bioenergy is a Singapore-headquartered climate-tech startup that transforms agricultural waste into high-quality biomass pellets designed to be a seamless, cost-competitive drop-in replacement for coal. The company was co-created with ENGIE Factory, Wright Partners, and Ming Labs and incubated through the Economic Development Board’s Corporate Venture Launchpad programme. With fresh capital in hand, Verta plans to commission its first commercial-scale manufacturing plant, which will have an annual production capacity of 12,000 tonnes. It is also developing a solar-powered drying system to boost energy efficiency in the production process. Beyond equity funding, the startup has secured more than US$10 million in Letters of Intent from leading multinationals and is in the process of finalising its first contracts. The company’s focus on displacing coal positions it squarely within the decarbonisation and renewable energy transition markets. The recent seed round provides the financial resources required to move from pilot operations to commercial scale.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2025