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Lead investment from Yokogawa Electric Corporation brings Bloom Biorenewables seed funding round to a total of 2.9M€. The investment will be used to complete biomass fractionation pilot project and secure pre-sales agreements with players from textile, packaging and fragrances industries across Europe.
Editorial office / Marly

Bloom and Yokogawa, a worldwide leader in automation of industrial production processes, also signed a cooperation agreement on the commercialization of Bloom’s breakthrough technology.

Bloom’s patented mild lignin extraction method uses stabilizing molecules that prevent lignin (a major fraction in plants) from condensing during extraction. The company will use its latest investment to prove its technology on pilot project, which was kicked off in January 2020 in HEIA Fribourg facilities (Switzerland) with the support of Innosuisse. With a sustainable and competitive solution, Bloom aims to make biomass a true alternative to petroleum with tremendous potential savings of CO2 emissions.

Image: Bloom Biorenewables