Luming, a Brazilian cleantech startup specializing in biogas energy recovery, secures investment to enhance sustainable energy solutions amid Brazil's growing cleantech sector.

Information on the Target

Luming is a pioneering cleantech startup based in Brazil, specializing in energy recovery through biogas and natural gas production. The company targets businesses that generate organic waste, including those in the beverage and food industries, paper manufacturing, meat processing, starch production, urban solid waste management, and agriculture. Luming focuses on large-scale projects that enable companies to produce their own energy, enhancing environmental sustainability while reducing operational costs and securing energy supply. They provide a comprehensive service model that includes system installation, operation, monitoring, and data prediction.

A notable achievement for Luming lies in its partnership with Ambev, aimed at helping the brewery meet its sustainability targets by 2025, which include reducing carbon emissions across its value chain by 25% and sourcing 100% of its purchased electricity from renewable sources. Luming's innovative solution resulted in the world's first biogas energy generation project for Ambev, utilizing methane gas that would otherwise be wasted during production to generate electricity within Ambev's manufacturing facilities.

Industry Overview in Brazil

The rising demand for environmentally-friendly initiatives has spurred the growth of cleantech companies in Brazil and globally. These startups are vital for businesses and governmental bodies looking to reduce environmental impact and align with ESG (Environmental, Social, and Governance) goals. In Brazil, the clea