Waste to Energy Advanced Solutions (WtEnergy) secured €10 million in funding from Suma Capital, Shell Ventures, and Cemex Ventures to accelerate the deployment of its advanced gasification technology for converting waste and biomass into renewable energy and low-carbon molecules across Europe.

Information on the target

Waste to Energy Advanced Solutions (WtEnergy) is a Spanish company specializing in the energy recovery of waste and biomass through advanced gasification technologies. The firm has developed and operates its proprietary gasification technology, which transforms waste and biomass into syngas. This innovative approach not only addresses waste management challenges but also contributes to renewable energy generation.

Currently, WtEnergy is engaged in pioneering projects that are in advanced stages of development, validating the technical, economic, and environmental viability of its technology. The recent funding round of €10 million, led by Suma Capital, aims to accelerate the execution of ongoing projects, standardize technology and operations at gasification plants, and support the company's expansion across Europe.

Industry overview in the target’s specific country

The European industry faces a dual challenge of reducing emissions in energy-intensive processes while efficiently managing increasing volumes of industrial waste. Waste to Energy Advanced Solutions addresses this challenge by developing and operating it