Bioethanol companies are reshaping the renewable energy landscape by converting agricultural waste, microalgae, and CO2 into clean-burning fuel. This article showcases 10 bioethanol companies to watch in 2025 that are producing through catalytic chemo hydrolysis, tubular photobioreactors, and second-generation fermentation technologies.
These innovators enable sustainable energy by lowering emissions, valorizing biomass, and reducing dependence on fossil fuels. From modular ethanol platforms to cooking-grade bioethanol, discover how these companies are driving the future of circular and climate-resilient energy systems.
Global Startup Heat Map highlights Emerging Bioethanol Companies to Watch
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 7M+ startups, 20K+ technology trends plus 150M+ patents, news articles & market reports, we identified 60+ bioethanol startups.
The Global Startup Heat Map below highlights the bioethanol companies you should watch in 2025 as well as the geo-distribution of 60+ startups & scaleups we analyzed for this research.
According to our data, we observe high startup activity in India and the US, followed by the UK. The top 5 Startup Hubs for bioethanol are London, Bangalore, Hyderabad, Houston, and Mumbai.
Discover Emerging Bioethanol Companies to Watch in 2025
We hand-picked startups to showcase in this report by filtering for their technology, founding year, location, funding, and other metrics. These 10 bioethanol companies work on solutions ranging from chemical technology platforms and ethanol production technology to renewable ethanol production and the catalytic chemohydrolysis process.
- LiYF 2G Bioethanol – 2G Bioethanol from Agricultural Waste
- Universal Fuel Technologies – Chemical Technology Platform
- EVES ENERGY – Microalgae Biomass Fermentation
- Green Energy Chemicals – Ethanol Production Technology
- Triti – Cooking Bioethanol
- Springbok Energy – Ethanol Production
- EthanBiofuel – Renewable Ethanol Production
- altM – Catalytic Chemohydrolysis Process
- Inovelsa Algae Tech – CO2 Trap Tubular Photobioreactor Systems
- Cheranna Energy – Bioethanol from Agricultural Feedstocks
1. LiYF 2G Bioethanol
- Founding Year: 2023
- Location: Zug, Switzerland
- Use For: 2G Bioethanol
LiYF 2G Bioethanol converts agricultural waste into 2G bioethanol for fuel blending. It leverages conversion technology to process diverse types of lignocellulosic waste, including rice straw, wheat straw, cane tops, forestry residues, and municipal solid waste.
Moreover, this process incorporates pretreatment reactors, enzyme recovery systems, and modern distillation units. This optimizes production efficiency, shortens processing time, and reduces operational costs.
Further, this solution offers feedstock utilization, decreases enzyme consumption, and lowers energy use. LiYF 2G Bioethanol also provides a sustainable biofuel alternative that maximizes the use of available resources, reduces waste, and minimizes environmental impact.
2. Universal Fuel Technologies
- Founding Year: 2022
- Location: Los Altos, United States
- Use For: Flexiforming Technology
- Funding: Raises USD 3 million
Universal Fuel Technologies utilizes flexiforming technology to convert fuel-grade ethanol, methanol, or other alcohols into high-quality sustainable fuels or chemicals. This single-stage, all gas-phase reaction runs over a zeolite catalyst at moderate pressure and temperature.
Further, this converts alcohol into light olefins, which are then upgraded through controlled aromatization, alkylation, and isomerization steps.
Moreover, the process maximizes yield efficiency while enabling catalyst longevity through in-situ steam cleaning. Using ethanol as a renewable feedstock, the startup improves the economics of aviation decarbonization by significantly reducing sustainable aviation fuel (SAF) production costs and carbon emissions.
3. EVES ENERGY
- Founding Year: 2023
- Location: Singapore
- Use For: Algae Matrix Bioreactor Tank System
EVES ENERGY offers an algae matrix bioreactor tank system that leverages IoT for optimized algae cultivation. The connectivity allows for automatic control, monitoring, and manipulation of microalgal cultivation parameters. This enables optimized identification, screening, classification, and viability detection of toxic microalgae species.
Moreover, the startup uses algae as a feedstock to absorb significant amounts of atmospheric carbon dioxide. Further, it utilizes carbohydrates extracted from microalgae biomass to ferment and produce bioethanol as an alternative to fossil fuels. EVES ENERGY also reduces reliance on fossil fuels and lowers greenhouse gas emissions.
4. Green Energy Chemicals
- Founding Year: 2021
- Location: Adana, Turkiye
- Use For: Advanced Dry Milling Technology
Green Energy Chemicals specializes in advanced dry milling technology to produce ethanol from agricultural sources, primarily corn. This process blends the corn with water in a tank, which is then heated with enzymes and other substances added to initiate the biochemical transformation.
Further, this mixture undergoes recycling with additional enzymes added to facilitate the conversion of glucose into alcohol. Through the distillation unit, their approach removes impurities and unwanted materials, resulting in extra neutral alcohol (ENA) with high purity.
The startup offers agricultural-origin ethyl alcohol with high purity levels, consistency, and reliability for food, cosmetic, and pharmaceutical applications. Their process also ensures minimal environmental impact while maximizing output.
5. Triti
- Founding Year: 2023
- Location: Lidköping, Sweden
- Use For: Cooking Bioethanol
Triti produces cooking bioethanol for ethanol stoves derived from wheat through a sustainable process with zero waste. Bioethanol burns cleanly and produces a flame without odor, soot, or smoke.
Further, it offers a high purity level that contributes to efficient combustion and optimal stove performance. Its production process excludes waste materials and uses minimal additives, resulting in a consistent fuel suited to a wide range of ethanol-based appliances. Triti offers a reliable bioethanol designed for efficient indoor and outdoor heating applications.
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6. Springbok Energy
- Founding Year: 2021
- Location: Pune, India
- Use For: Maize-Sourced Ethanol
Springbok Energy produces ethanol from high-quality maize sourced from farmers and suppliers. This maize undergoes pre-treatment, milling, and enzymatic hydrolysis to convert starch into fermentable sugars, followed by fermentation and distillation to separate ethanol from water and other impurities.
Moreover, the startup ensures quality control and integrates wastewater treatment and co-generation systems to reduce environmental impact. In the ethanol production plant, these co-generation units utilize lignin or biogas from the production process to generate electricity.
Additionally, this electricity is then used to power various plant operations, including ethanol production and wastewater treatment. The startup also produces clean fuel while maximizing resource efficiency and energy recovery.
7. EthanBiofuel
- Founding Year: 2022
- Location: Haryana, India
- Use For: Renewable Ethanol Production
EthanBiofuel produces renewable ethanol derived from sugarcane, corn, and other crops. It employs fermentation and distillation processes to convert the feedstocks into ethanol, making it a viable option for existing gasoline engines.
This solution features lower toxicity and biodegradability, therefore reducing environmental risks from spills or accidents. Further, the startup’s cultivation of feedstocks for ethanol production encourages sustainable agricultural practices and crop diversification.
8. altM
- Founding Year: 2022
- Location: Bangalore, India
- Use For: Catalytic Chemo Hydrolysis Process
- Funding: USD 3.5 million
altM develops an advanced chemo-hydrolytic process for sustainable bioethanol production. It utilizes catalytic pretreatment to reduce enzyme reliance and convert biomass directly into fermentable sugars. This method enhances reliability and effectiveness while aligning with evolving industry standards.
Moreover, the startup creates substitutes for the incumbent unsustainable materials across industries. This includes CPG/FMCG, pharma, textiles, industrial chemicals, and energy to reduce carbon footprints and improve circularity in supply chains.
9. Inovelsa Algae Tech
- Founding Year: 2023
- Location: Eindhoven, Netherlands
- Use For: CO2 Trap Tubular Photobioreactor Systems
Inovelsa Algae Tech produces CO2 Trap Tubular photobioreactor systems for bioethanol production through microalgae cultivation. The system circulates microalgae through borosilicate glass tubes, which maximize light transmittance to enhance photosynthetic efficiency.
These renewable energy sources derived from algae replace fossil fuels, thereby reducing carbon emissions. Further, the stainless steel structures secure the tubes, while integrated stainless silos ensure precise gas exchange for algae growth.
Moreover, dual inlets for acid and base inputs enable accurate control of the cultivation environment. This system features a portable and durable structure, providing a practical and scalable solution for sustainable bioethanol production.
10. Cheranna Energy
- Founding Year: 2021
- Location: Ontario, Canada
- Use For: Bioethanol from Agricultural Feedstocks
Cheranna Energy produces bioethanol from agricultural feedstocks such as maize, wheat, sugar cane, and cassava. The bioethanol blends with petrol and is used as a transport fuel instead of conventional fossil fuels.
Additionally, its technology uses a transesterification process to synthesize the raw materials and obtain bioethanol that meets the regulatory standards.
Cheranna Energy also utilizes uncultivated farmland, revitalizing agricultural development and curbing urban migration. This supplies renewable energy and also stimulates economic growth in underserved areas.
Discover All Emerging BioTech Startups
The BioTech startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free BioTech Innovation Report for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2025!
