Future Greens turns waste into growth
A Sheffield-based clean technology start-up is accelerating the development of waste-to-energy solutions after securing new funding to scale its technology and team.
Future Greens has raised £500,000 in fresh funding to support the next phase of growth for its proprietary bioreactor technology, which converts unavoidable food and brewery waste into renewable heat and power.
The funding package includes £340,000 in equity investment alongside a £160,000 UK Government grant.
The firm’s technology is designed to process organic waste up to ten times faster than conventional anaerobic digestion, reducing energy and effluent costs while enabling compact, on-site reactors for food and drink manufacturers.
Bosses say they plan to use the cash to further develop Future Greens’ enhanced anaerobic digestion system for brewery customers already lined up, while also expanding its team with additional chemistry and biochemistry specialists.
Co-founder and chief executive David Dixon said: “Our experience in food production highlighted waste and energy as two major operational costs faced not only by us, but across the entire food industry.
“Now, we're on a mission to address both through our innovative waste to energy reactors.”
Co-founder and chief operating officer Gabrielė Barteškaitė added: “This funding allows us to accelerate delivery for customers already in the pipeline.
“We’re starting with breweries, where large volumes of spent grain, yeast, and wastewater create a clear opportunity to improve resilience through on-site renewable energy.”
Investors backing the round include PXN Group, One Planet Capital, Baltic Ventures, Venture.Community and Lifted Ventures.
To date, Future Greens has attracted more than £800,000 in funding and is also benefiting from a further £100,000 in non-dilutive support through regional collaborations with the Advanced Manufacturing Research Centre and the University of Sheffield.
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