Key Takeaways:
- Significant Investment: Kaffe Bueno, a Danish bioscience company, has secured a €6.2 million investment led by Borregaard and supported by EIC Fund, Dalgaard Group, EIFO, PINC, and The Yield Lab.
- Strategic Partnership with Borregaard: Borregaard, a leader in biomass refining, is investing in Kaffe Bueno, recognizing its innovative coffee biorefining approach and potential for biobased solutions.
- Upcycling Coffee By-Products: Kaffe Bueno transforms coffee by-products into high-value products for niche markets, aligning with Borregaard’s environmentally friendly focus.
- Focus on the Personal Care Industry: The company has already introduced products like KAFFOIL®, KAFFAGE®, and KAFFAIR® in the personal care industry, utilizing upcycled coffee grounds.
- Path to Commercial Scale: The investment will aid Kaffe Bueno in scaling up its biorefinery technology and establishing a global business presence with Borregaard’s support.
Innovative Valorisation of Coffee By-Products
Kaffe Bueno, a Danish bioscience company, has announced a substantial investment deal totaling €6.2 million. Borregaard, a global leader in biomass refining, leads the investment round. It includes notable participants such as the European Innovation Council Fund (EIC Fund), Dalgaard Group, EIFO, PINC, and The Yield Lab.
Strategic Partnership and Investment
Borregaard, with its expertise in advanced environmentally friendly biochemicals, has taken a significant interest in Kaffe Bueno’s unique approach to coffee biorefining. This investment provides crucial financial support and validates the potential and market demand for high-performing biobased solutions offered by Kaffe Bueno.
Alignment with Borregaard’s Business Model
Per A. Sørlie, President and CEO of Borregaard, expressed his enthusiasm for the partnership. He noted the alignment of Kaffe Bueno’s upcycling approach with Borregaard’s business model, acknowledging the potential synergies between the two companies. Sørlie anticipates a period of scaling up and fine-tuning production to establish a robust global business.
Kaffe Bueno’s Vision and Technology
Juan Pablo Medina, CEO of Kaffe Bueno, highlighted the importance of the investment and Borregaard’s support. He emphasized that this investment is a testament to the efficiency of their biorefinery technology and the innovative applications they have developed from coffee side streams. With Borregaard’s expertise in biorefinery operations, Kaffe Bueno’s path to a commercial-size biorefinery seems more attainable than ever.
Upcycling for a Sustainable Future
Kaffe Bueno pioneers in upcycling spent coffee grounds into high-performance, natural ingredients. This initiative meets market needs while reducing scope three emissions for customers across various industries. The focus on the personal care industry has already seen the successful launch of products like KAFFOIL®, KAFFAGE®, and KAFFAIR®. These products represent Kaffe Bueno’s commitment to sustainable and innovative use of coffee by-products.
Kaffe Bueno’s recent financial boost and strategic partnership with Borregaard marks a significant milestone in the company’s journey toward sustainable innovation and global expansion. Their focus on upcycling coffee by-products aligns with growing market demands for environmentally friendly solutions, setting a precedent for future developments in the bioscience and biorefinery sectors.
Image provided by Kaffe Bueno
