AmphiStar BV Raises €6 Million to Boost Production and Create Jobs

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🌟 Waste based biosurfactants producer AmphiStar BV has secured €6 million in funding to expand its production. The funding round was led by the European Circular Bioeconomy Fund (ECBF), Qbic III, and Flanders Future Tech Fund (FFTF). 📈 The investment will be used to enhance research and development efforts, complete regulatory and certification requirements, and build a state-of-the-art production facility. 🏭 AmphiStar plans to raise more funding in 2025 for construction and aims to hire 15 new employees. 👥
📢 AmphiStar BV Raises €6m to Boost Biosurfactant Production

Introduction:

Waste-based biosurfactant producer Amphistar BV has secured €6m in funding from the European Circular Bioeconomy Fund (ECBF), Qbic III, and Flanders Future Tech Fund (FFTF). This funding will allow Amphistar to expand its production and enhance its research and development efforts to optimize its biosurfactant platform. The company also plans to construct its own production facility and hire new employees to support its expansion efforts.

Main points:

  1. The €6m funding will enable AmphiStar to begin commercial biosurfactant production and refine its technology platform.
  2. AmphiStar’s biosurfactants are sourced from waste- and side streams, eliminating the use of fossil feedstocks and contributing to the circular bioeconomy.
  3. The funding will be used to complete regulatory and certification dossiers and construct a state-of-the-art production facility.
  4. Pierre-Franck Valentin has been appointed as CEO to lead AmphiStar’s commercial deployment and future expansion.
  5. AmphiStar’s biosurfactant technology platform is based on over 10 years of integrated strain and process development and has been successfully demonstrated at scale.

Conclusion:

With the infusion of €6m in funding, AmphiStar BV is well-positioned to scale up its biosurfactant production and further advance its technology platform. This investment not only supports the company’s expansion efforts, but also contributes to the development of the circular bioeconomy by utilizing waste- and side streams as sustainable sources for biosurfactant production. AmphiStar’s commitment to sustainable and environmentally-friendly surfactants will likely have a positive impact on various industries that rely on surfactant-based products.

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