Nature's Principles has raised €500k to scale up its innovative lactic acid production process, aiming for a more sustainable and cost-effective manufacturing solution.
Target Information
Nature's Principles, a spin-off from TU Delft, has successfully raised €500,000 to advance the development and commercialization of its innovative lactic acid production process. This process aims to provide a more sustainable and cost-effective alternative to traditional production methods.
Traditionally, lactic acid production relies on sugars that must undergo extensive sterilization and refinement, resulting in high energy consumption and costs. Nature's Principles has pioneered a method that utilizes waste biomass for lactic acid production, significantly reducing the need for fertilizers, water, and arable land compared to conventional sources.
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Industry Overview
The lactic acid market is witnessing rapid growth, predominantly driven by its potential applications as a building block for sustainable alternatives to petroleum-based chemic
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SHIFT’s Thematic Technology Transfer Circular fund and angel investor Jeroen van Rotterdam
invested in
Nature's Principles
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $1M