At the heart of Bloom Biorenewables' technology is their groundbreaking Aldehyde-Assisted Fractionation (AAF) process, developed at the Laboratory of Sustainable and Catalytic Processing (LPDC) at EPFL. This innovative technology efficiently separates the cellulose fraction while stabilizing lignin polymers and hemicellulose-derived sugars. By stabilizing these structures, Bloom Biorenewables can fully valorize lignin and hemicellulose for the first time. This breakthrough is set to disrupt the field of biomass upgrading, offering new pathways for converting plant material into high-value chemicals and materials.

The urgency of finding new technologies to leverage renewable carbon cannot be overstated. As the world grapples with the climate crisis, the need for sustainable and renewable solutions is more pressing than ever. Advanced technologies to use renewable carbon, such as those developed by Bloom Biorenewables, are essential in reducing emissions and transitioning to a more sustainable economy. By investing in innovative solutions like AAF, we can accelerate the deployment of cutting-edge technologies and make significant strides towards a carbon-neutral future.

Path to Commercialization

The Series A round was led by Anaïs Ventures and Valquest Partners, with participation from several notable investors, including Breakthrough Energy Ventures, Lombard Odier Investment Managers, Capital Risque Fribourg, Btomorrow Ventures, AmcorVentures, Rosebrook and The King Baudouin Foundation, on behalf of R&Co4Generations, the Rothschild & Co philanthropic fund.

The new funding will be used over the coming years to scale the AAF process and engineer the first-of- a-kind (FOAK) commercial-scale unit, while accelerating market entry. This investment marks a pivotal step in the company's mission to revolutionize the materials industry and contribute to a more sustainable future.

"We are incredibly grateful for the support from our investors and excited about the opportunities this funding brings," said Remy Buser and Florent Héroguel, co-CEOs of Bloom Biorenewables. "With this investment, we are well-positioned to advance our technology and bring our sustainable solutions to market. Our AAF technology represents a significant leap forward in biomass upgrading, and we are eager to demonstrate its potential to transform the industry."

“We have been impressed by the potential of Bloom’s chemistry”, says Julien Firmenich, CEO of Anaïs Ventures. “We are delighted to support the team in their ambitious endeavor to develop and commercialize breakthrough sustainable products.”

“This investment embodies our commitment to empowering visionary companies that are revolutionizing the field of sustainable chemistry”, added Fadi Noureddine and Walid Sfeir, Founders and Managing Partners of Valquest Partners. “We are delighted to invest in Bloom, inspired by its pioneering work with Aldehyde-Assisted Fractionation (AAF) technology, and we do look forward to supporting its on-going innovation and leadership in biomass upgrading. This partnership aligns seamlessly with our forward-thinking vision to accelerate the development and scaling of transformative sustainable Greentech solutions”.

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Founders on picture right to left: Dr. Florent Héroguel (co-CEO, Board member), Dr. Rémy Buser (co-CEO, Board member), Prof Jeremy Luterbacher (Board member)