Bio-Based Energy Technologies PC Thessaloniki, Greece

Company Website: http://bio2chp.com/

Company Email: contact@bio2chp.com

Employees: 4

Funding State: Pre-Seed


Industries

  • Environment & Energy (GreenTech, CleanTech)

Technology

  • Cleantech
  • Hardware

Business Model

  • B2B

Revenue Model

  • Licencing
  • Price per Item

Funding Sources

  • Angel
  • Grant
  • VC

About

Bio-based Energy Technologies P.C. (BIO2CHP) is a university spin-off company, established in 2017, with the main purpose of bringing to the market a technology which enables the use of raw residual biomass for the small-scale & on-site energy production.


Solution & Product

BIO2CHP combines the technologies of gasification & internal combustion engines, which are brought together under an automated control system, allowing the continuous energy production in small scale applications. Our vision is to enable small scale decentralized energy production from biomass wastes, thus allowing industries to exploit the maximum of their feedstock, while on the same time reducing their environmental footprint.


Innovation & Scalability

BIO2CHP differentiates itself from the competition as the only small-scale gasifier that can operate off a variety of feedstocks; this minimizes fuel procurement and/or pretreatment costs & thus the overall operating expenses.


Traction & achievements

Two working pilots have been already developed & proved the technology's potential for operation in real life conditions using up-to-date: grape pomace, peach & olive kernels, and almond shells.


Team & Why Us

BIO2CHP’s team comprises of engineers (2 PhDs & 2 Diplomas) with extensive technical expertise in micro-scale gasification & bio-waste valorization. Our advisory board and partners bring all the commercial acumen required to scale up the company.


Funding Needs

We have recently closed our first seed funding round; thus no additional funding needs are envisaged for the next 6-12 months. Depending on the upcoming developments, new needs will be defined for the growth phase of the company.


ONE LINER

BIO2CHP enables the use of raw residual biomass for on-site & small-scale energy production


TEAM


FUNDING

2022 - Seed, VC EUR 432K, BIO2CHP PC
2019 - Pre Seed, Angel EUR 145K, BIO2CHP PC

PATENTS


AWARDS

2019 - Services Vitivini Lab Competition
2016 - Services Hellenic Entrepreneurship Award
2015 - Services Cleantech Open Global Ideas Competition

INCUBATIONS/ACCELERATIONS

2018 - Program Climate KIC Accelerator
2018 - Program The EGG
2017 - Program OK!Thess

Jobs


Perks