GlucanBio, an early stage company that repurposes non-food biomass into high-value chemicals and biomaterials
Business Model:
Revenue: $0
Employees: 1-10
Address: 505 S Rosa Road Suite 112
City: Madison
State: WI
Zip: 53719
Country: US
GlucanBio technology developed from the University of Wisconsin and Center for Biorenewable Chemicals (CBiRC) at Iowa State. Our primary purpose is to produce furan derivatives from biomass with cost and performance advantages. The market opportunity is strong and relevant, not only for furfural, but also for HMF, DMF, THF and FDCA.Our team offers best-in-field expertise in catalysis, IP management, engineering scale-up, and early stage commercialization.Engaging great minds like Jim Dumesic, a world-renowned catalytic chemist, and Brent Shanks, a highly acclaimed principal in the industry, gives us an advantage in hurdling technical roadblocks.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2016 | Grant | 1 | $729.5k |
National Science Foundation National Science Foundation |
12/2015 | Convertible Note | 1 | $50k |
Evergreen Climate Innovations Evergreen Climate Innovations |
2/2017 | Seed Round | $100k | 6/2015 | Grant | 1 | $180k |
National Science Foundation National Science Foundation |
6/2013 | Grant | 1 | $180k |
National Science Foundation National Science Foundation |
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