Florafuel is a bioenergy production platform based in Germany.
Business Model: B2B
Revenue: $0
Employees: 1-10
Address:
City: Munich
State: Bayern
Zip:
Country: Germany
Florafuel AG has developed an innovative process that enables municipalities, farmers, compost plant operators and traders to use biomass and biogenic residues (such as grass, leaves, reeds, wet meadows, roadside greens and silage) as high-quality renewable CO2-neutral energy sources To prepare pellets and briquettes. The required systems and dryers are developed by florafuel AG and distributed on the market. The worldwide patented florafuel process (first patent application 2003) opens up completely new possibilities for regional bioenergy production for companies, cities and municipalities. In this way, previously unused energy resources will become economically viable and environmentally friendly in terms of energy. The optimized by the florafuel process and environmentally friendly fuel stands out not only by a comparatively high fuel value, but also by an extremely positive energy balance. Since the florafuel process is geared solely to the energy recovery of organic residues and waste materials, the florafuel technology is also not in competition with agricultural feed and food production. In addition, as an alternative to composting and fermentation, the process supports the reduction of polluting emissions such as nitrous oxide, methane and ammonia. Another advantage of the florafuel process is that the bioenergy or energy sources that can be supplied via the process are suitable for baseload. Since the combustion or gasification of florafuel fuels is decentralized, it is possible to provide precisely the energy that is needed in the form of electricity and heat on site at any time. Thus, the florafuel process is an ideal addition to the bioenergy mix from an ecological as well as an economic point of view.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2015 | Grant | 1 | $56.6k |
EASME - EU Executive Agency for SMEs EASME - EU Executive Agency for SMEs |
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