Vertus Energy, a Waste-to-X industrial biotech startup focusing on advanced control of bacteria behavior, has successfully secured €8.75 million in seed funding. This significant financial boost, led by Energy Capital Ventures and supported by investors like Blackbird and the Amadeus APEX Technology Fund, will drive the expansion of their groundbreaking product, BRIO, into pilot projects.
With BRIO, the company aims to revolutionize biogas technology by generating biomethane faster and increasing energy production by up to 60% from the same waste volume. The investment will propel the adoption of BRIO in commercial units, including wastewater treatment and biogas plants, crucial for the renewable energy sector.
Founded in 2029, Vertus Energy set up its European headquarters in Vienna to tap into the growing biomethane market. With the strategic positioning in Austria, the company plans to accelerate its influence across Europe and the UK, eyeing the existing surge in biomethane-producing facilities.
Benjamin Howard, Co-founder and COO of Vertus Energy, emphasized the significance of their technology in meeting Europe’s renewable energy goals. The backing from top investors solidifies their commitment to sustainable energy solutions and global commercialization.
The recent funding round signifies a significant step forward for Vertus Energy in reshaping the biogas market and contributing to the global renewable energy landscape. With a clear focus on innovation and sustainable practices, the company stands poised to lead the way in advancing the utilization of biomethane for a greener future.
