10 New Biofuel Companies Innovating for a Greener Future

Gain data-driven insights on biofuel, an industry consisting of 4.3K+ organizations worldwide. We have selected 10 standout innovators from 1.2K+ new biofuel companies, advancing the industry with photobioreactor systems, biodiesel production, leftovers to bioenergy conversion, and more.

This article presents an analysis of 10 new biofuel companies advancing the industry with on-farm methanization, modular biogas plants, and portable decentralized biogas systems. These companies develop scalable solutions that optimize resource use and enhance sustainability. Their technologies focus on integrating advanced bioprocessing techniques that facilitate faster conversion rates and higher yields of biogas from organic waste.

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Key Takeaways

Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the biofuel industry. This sector is marked by key trends and a substantial workforce, shaping its future. This report was last revised 5 days ago. See a missing piece? Your input can help — contact us. Here are some key insights at a glance:

  • Latest Biofuel Trends: The latest biofuel trends include sustainable aviation fuel, renewable hydrogen, syngas, catalysis, botryococcus, synthetic fuel, and novel fermentation systems.
  • Biofuel Industry Statistics: The global biofuel industry includes 4.3K+ organizations and has a workforce of 639K people. It has experienced an annual growth rate of 1.66% in the past five years and has seen the emergence of 1.2K+ new biofuel production companies in the same span. Moreover, the average employee in these companies is about 20 people.
  • 10 New Biofuel Companies to Watch:
      1. Terragia – Lignovcellulose to Ethanol
      2. ICODOS – Off-Gases to Methanol
      3. Esylys – Portable Decentralized Biogas Plant
      4. Polski Biogaz – Modular Biogas Plants
      5. Green2x – Leftover Straw to Bioenergy
      6. SUBLIME Energie – On-Farm Methanization
      7. BrightWave – Photobioreactor Systems
      8. BioLedger – Biofuel Tracing Tool
      9. Etherus – Biodiesel Production
      10. Votion Biorefineries – Sustainable Aviation Fuel

Discover 10 out of 1.2K+ Emerging Biofuel Companies

In this section, we highlight a list of biofuel companies carefully handpicked using our proprietary AI-powered platform. These specialize in the production of biofuels such as lignocellulose to ethanol conversion, biodiesel production, or biofuel tracing tools. These biofuel energy companies employ technologies such as biotechnologies, genetic engineering, or blockchain innovations to increase production efficiency, traceability, and sustainability.

Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.

1. Terragia

  • Founding Year: 2022
  • Employee Range: 11-50
  • Location: USA
  • Signal Strength: Medium Strong
  • What they do: Terragia develops low-cost, carbon-negative technology for converting lignocellulose into ethanol and other fuel products. The process starts with using thermophilic microorganisms. These naturally ferment hemicellulose and cellulose and produce products used in fuels and fuel precursors without enzymes. It uses a C-CBP process that eliminates thermochemical pretreatment by integrating milling during fermentation. This process uses fewer steps reducing cost and avoids liabilities of pretreatment such as inhibitors, yield loss or high carbon intensity.

2. ICODOS

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Germany
  • Signal Strength: Strong
  • What they do: ICODOS’ e-methanol production technology converts harmful industrial off-gases into sustainable methanol. This technology ensures carbon-neutral production by absorbing CO2. It then combines with hydrogen to synthesize methanol. Following absorption, CO2 undergoes desorption under temperature and pressure adjustments. This process results in e-methanol purified through distillation benefiting shipping and chemistry industries as e-methanol replaces fossil fuels and reduces carbon emissions.

3. Esylys

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: India
  • Signal Strength: Strong
  • What they do: Esylys’ HiPrBio system, a portable decentralized biogas plant, uses food and bio-waste to produce high-pressure, high-methane biogas. The system couples with steam reformers to generate hydrogen. The biogas production process includes digital twin technology. This further provides real-time simulation tools like RENLE, a numerical library for industrial components, and Renewable Energy Library Esylys Cloud (RELEC). These facilitate the virtual prototyping and optimization of energy systems and microgrids via cloud-based simulations. The solution assists landfill based waste treatment and benefits both waste disposers and energy off-takers.

4. Polski Biogaz

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Poland
  • Signal Strength: Strong
  • What they do: Polski Biogaz develops modular biogas plants that convert organic waste into renewable energy. These mobile units allow relocation and scale adjustments without construction work. The containers use AI to automate each stage of biogas production, such as hydrolysis and methanogenesis. This technology also minimizes downtime during maintenance. Thus, disabling one container does not affect the overall operation. The substrates include residues and post-production waste from farms, processing plants and slaughterhouses.

5. Green2x

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: Denmark
  • Signal Strength: Medium
  • What they do: Green2x converts straw into bioenergy. This process begins with the collection of straw used as the primary feedstock. After collection, the straw undergoes compression into briquettes for both fermentation efficiency and logistics optimization. The company uses advanced fermentation techniques that provide high-energy biogas. It then upgrades to biomethane and to more complex biofuels like bio-methanol. This conversion process reduces CO2 emissions and the resulting products serve as sustainable alternatives to natural gas in manufacturing and heavy transport.

6. SUBLIME Energie

  • Founding Year: 2019
  • Employee Range: 11-50
  • Location: France
  • Signal Strength: Very Strong
  • What they do: SUBLIME Energie develops an on-farm methanization process to create local supply chains for bioLNG and bioCO2. The process begins with biogas treatment at the farm, followed by its liquefaction using a proprietary carrier agent. This mixture then transports from the farm to a hub where cryogenic purification achieves high purity levels. The liquefied biogas goes to the market, and the carrier agent undergoes recycling and transported back to the farm for reuse. The company’s process includes less investment for the farmer as it eliminates the costly purification step of injecting methane in gas networks. Also, the biogas liquefaction allows its transport between production and valorization locations.

7. BrightWave

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Medium
  • What they do: BrightWave’s photobioreactor systems generate biomass that grows microalgae for conversion into decarbonized liquid fuel. These systems control environmental variables such as lighting, pH, temperature, and nutrient delivery. These reactors include in-water grow lights and a continuous cleaning system. This ensures high growth rates and prolonged production without interruption. The internal illumination and automated scrubbers allow for scalability and reduce maintenance needs. Additionally, the closed system design minimizes contamination risks and allows for remote operation. The company addresses issues like food insecurity, reduces greenhouse gas emissions, and decarbonizes fuels.

8. BioLedger

  • Founding Year: 2019
  • Employee Range: 11-50
  • Location: UK
  • Signal Strength: Very Strong
  • What they do: BioLedger provides a digital tool for tracing sustainable biofuels from origin to customer for developing sustainable supply chains. It works as a mass balance software connected to the European Commission’s Union Database for Biofuels. The tool anonymously stores, tracks, validates, and aggregates food waste collection evidence to prove compliance with EPA requirements. Thus, this tool automates complex processes while remaining compliant with EU requirements, assisting farmers, drivers, and waste management companies.

9. Etherus

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: Portugal
  • Signal Strength: Medium Strong
  • What they do: Etherus produces biodiesel with proprietary technology that uses advanced raw materials and allows production in small units. The innovation lies in the chemical reactions, conditions, and catalysts used. The company also connects feedstock owners for biodiesel production through a digital ecosystem. This ensures traceability, quality control, and transparency.

10. Votion Biorefineries

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Sweden
  • Signal Strength: Medium
  • What they do: Votion Biorefineries produces advanced biofuels, sustainable aviation fuel (SAF), and specialty biochemicals. The company integrates processes from pulp mills, oil refineries, and petrochemical plants in its technology development. It uses all types of sustainable biomass as feedstock to produce the biofuels.

Quick Tip to Find New Biofuel Companies

Utilizing a SaaS platform like the Discovery Platform for identifying new biofuel companies/solutions provides significant benefits compared to traditional scouting methods:

  • Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying biofuel innovations.
  • Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the biofuel industry. The platform keeps you informed with near real-time updates on emerging biofuel companies/solutions and news, enabling you to make swift and informed decisions.
  • Tailored Exploration: Customize your search to focus on specific niches within the biofuel sector, such as modular biogas plants, portable decentralized biogas plants, or off-gases to methanol conversion. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.

Ready to Explore All New Biofuel Companies?

We’ve explored the dynamic landscape of the biofuel industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Renewables Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We value collaboration with industry professionals to offer even better insights. Interested in contributing? Get in touch!

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