Amsterdam-Based Avantium Secures €84.8Million Funding

The rights offering brought in €65.4M by issuing 12,103,283 new ordinary shares, with total demand reaching 14,010,507 shares an oversubscription of 115.6%. Of these, 10,536,570 shares were taken up, reflecting an 87.1% participation rate.

A supplementary placement added €19.4M through 3,319,385 new shares. Additionally, the State of the Netherlands invested €15M via INNL Publiek-Private Product Structurering B.V.

Cornerstone investors VP Capital N.V. and Ambassador Vermogensbeheer B.V. received €4.8M in shares, while institutional investors were allocated €4.4M at €8.16 per share, matching the closing price on 17 September 2025.

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This funding keeps Avantium financially strong as it works toward EBITDA break-even by 2027. The equity raise is a key part of a larger funding plan. With its completion the terms of Avantium's debt agreements with INVEST-NL, ABN AMRO, ING, ASN Bank and Rabobank have improved, boosting the company's financial stability and long-term outlook.

Tom van Aken, Chief Executive Officer of Avantium, says, “We are very pleased with this €84.8M equity raise, which exceeded our initial expectations. This outcome reflects the confidence in Avantium’s strategy and the shared commitment to accelerate the transition to sustainable materials and pursue the large market potential of FDCA and PEF. This transaction represents a key milestone within the comprehensive funding package announced on 12 August 2025. Together with other funding initiatives, this equity raise ensures that Avantium is well-capitalised as we move towards group-level EBITDA break-even, targeted for 2027.”

Founded in 2000 by Claude Stoufs Avantium is a commercial-stage company focused on renewable and circular polymer materials. It develops technologies that turn sustainable carbon sources, like biomass and CO₂, into innovative materials. Its YXY Technology converts plant-based sugars into FDCA, the key ingredient for the sustainable plastic PEF, demonstrated at its pilot plant in Geleen, Netherlands.

“With MMF production now underway and the final units of our FDCA Flagship Plant progressing through start-up, commercial operations are expected to begin in the first quarter of 2026. That will be the moment when our 100% plant-based and circular material PEF, branded as releaf, starts to reach consumers and becomes a commercial reality. We are entering a transformative new chapter of the Company, defined by innovation, scale, and impact. We are proud to move forward with the continued trust of our shareholders and the enthusiasm of new investors as we build a more sustainable future together,” concludes van Aken.

About Avantium

Avantium develops and commercialises innovative chemistry technologies to produce chemicals and materials from renewable feedstocks. Its flagship products, FDCA and plantMEG™, enable the creation of PEF, a 100% plant-based, recyclable, and degradable plastic with superior performance. Avantium also offers advanced catalysis solutions to help organisations improve process efficiency.