# Celtic Renewables: Chemicals, Grangemouth, United Kingdom

> Celtic Renewables: Celtic Renewables is a Scottish biotechnology company founded in 2012, based in Edinburgh. Based in Grangemouth, United Kingdom.

Source: https://millionrounds.com/startup/celtic-renewables (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Chemicals startup](https://millionrounds.com/companies)

# Celtic Renewables

Celtic Renewables is a Scottish biotechnology company founded in 2012, based in Edinburgh.

Funding reported Last round: Equity crowdfunding

Chemicals Grangemouth, United Kingdom

Company summary

- **Founded:** 2012 14 years old
- **Team:** 63 51 to 200 people
- **Funding reported:** 39.7M as listed, currency not stated
- **Last round:** Equity crowdfunding May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Celtic Renewables has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Celtic Renewables

Celtic Renewables is a Scottish biotechnology company founded in 2012, based in Edinburgh.

The company specializes in converting low-value organic waste, particularly by-products from the Scotch whisky industry and rejected potatoes, into high-value green chemicals and advanced biofuels using patented ABE fermentation technology. Their product portfolio includes biobutanol, bioacetone, and bioethanol, which serve as sustainable alternatives to fossil-derived chemicals. The company operates Scotland’s first biorefinery in Grangemouth, which became operational in 2023. Celtic Renewables focuses on providing green chemical supplies to manufacturers across various sectors, including cosmetics, cleaning products, pharmaceuticals, and automotive. Their mission is to lead in ABE fermentation and promote a sustainable, circular economy by transforming waste into valuable products, thereby supporting the transition away from fossil fuels.

## What company datasets say Celtic Renewables raised

Funding, as reported

Reported in all **39.7M** in the source's currency

Rounds **6**

Last round **Equity crowdfunding**

Last round size **13.3M**

Last round date **May 2024**

Investors listed **4**

## Funding filed with regulators

Celtic Renewables filed 4 raises, $8.9M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2022 **$870K** UK share allotment
- Jan 2022 **$2.2M** UK share allotment
- Nov 2021 **$616K** UK share allotment
- Jun 2021 **$5.2M** UK share allotment

## On a portfolio page

Investors who name them

- [AAlchemy Ventures](https://millionrounds.com/fund/aalchemy-ventures)

Each firm lists Celtic Renewables on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

clean energy & technology manufacturing waste to chemicals sustainable development bio-based products green manufacturing biorefinery environmental services sustainability abe fermentation scalable process biotechnology industrial by-products mechanical or industrial engineering services other basic organic chemical manufacturing

Built with from their website

Yoast SEO Google Tag Manager WordPress.org PWA Olo Viewport Meta Yoast dc.js Site Kit Google Analytics

+8 more

Element UI Cloudflare Rocket Loader Vimeo Akismet Google Analytics 4 Excel4Apps Babel Wordpress

- **Sector:** Chemicals
- **Industry code:** NAICS 541714, 325193, 325199, SIC 2865, 2869, 8731
- **Region:** Scotland
- **Revenue:** 5.5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/celtic-renewables)

## Chemicals in United Kingdom

Startups like it

- [**SugaROx** Harpenden · founded 2021 *Raised*](https://millionrounds.com/company/sugarox)
- [**Econic Technologies Ltd** Alderley Edge · founded 2011](https://millionrounds.com/startup/econic-technologies-ltd)
- [**smol** Crawley · founded 2018](https://millionrounds.com/startup/smol-2)
- [**Wastefront** Sunderland · founded 2019](https://millionrounds.com/startup/wastefront)
- [**MiriusTM Global Hygiene Solutions** Coventry · founded 1963](https://millionrounds.com/startup/mirius-global-hygiene-solutions)
- [**Xampla** Cambridge · founded 2018](https://millionrounds.com/startup/xampla)
- [**Anaphite** Bristol · founded 2018](https://millionrounds.com/startup/anaphite)
- [**Aqdot Limited** Cambridge · founded 2013](https://millionrounds.com/startup/aqdot-limited)

## Is this your company?

Add your raise, your deck and your story, and put Celtic Renewables in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)