Netherlands · Oil & energy startup

Vertoro B.V.

Vertoro B.V. is a Dutch cleantech company founded in 2017, focused on providing sustainable alternatives to fossil resources.

Funding reportedLast round: Series A

Oil & energyGeleen, Netherlands

About Vertoro B.V.

Vertoro B.V. is a Dutch cleantech company founded in 2017, focused on providing sustainable alternatives to fossil resources.

The company produces Goldilocks®, a 100% bio-based platform product derived from lignin found in woody and agricultural residues. This innovative product aims to replace fossil crude oil as a feedstock for materials, chemicals, and fuels, helping industries reduce their carbon footprint. The company operates in the energy production, biotechnology, and chemicals sectors, utilizing a patented, low-pressure, and low-temperature thermochemical process to convert biogenic residues into stable lignin oligomers. Vertoro's primary product, Goldilocks®, includes Crude Lignin Oil (CLO) and Crude Sugar Oil (CSO), which can be used as sustainable marine fuel or refined into sustainable aviation fuel, road fuels, and bio-based chemicals. With a demonstration plant in Geleen, Vertoro is preparing for commercial deployment through a licensing model, targeting industrial clients in the maritime, chemical, energy, and logistics sectors.

What company datasets say Vertoro B.V. raised

Funding, as reported

Reported in all11.5Min the source's currency
Rounds1
Last roundSeries A
Last round size18.7M
Last round dateOct 2021
Investors listed4

Founders and team

From Vertoro B.V.'s own website: 1 founder, 7 on the team.

Dr. Panos KourisCo-founder & Chief Technology Officer
  • Dirk den OudenChief Executive Officer
  • Dr. Michael BootChief growth officer
  • John PendersSenior Lead Operator
  • Norwin ZuidemaProject Manager
  • Peter ClassenSenior Lead Operator / Assistant Plant Manager
  • Pim HavermansPlant Manager
  • Roger GeurtsProcess development engineer

On a portfolio page

Investors who name them

Each firm lists Vertoro B.V. 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 & technologycarbon footprint reductionmanufacturingsustainable materialsbiorefinery technologytrl 6 validationplatform for materials and fuelsenvironmental servicesbio-based platform productmild thermolytic processlignin-first approachscale-up technologybio-based platformbio-oillignocellulosic biomasswaste woody biomass

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Sector
Oil & energy
Industry code
NAICS 325199, SIC 2869
Region
Limburg
Full record
Every detail in the company directory

Oil & energy in Netherlands

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