[Funding alert] Huntingdon-based HutanBio Secures £2.25M in Funding

HutanBio is a biotechnology company headed by CEO Paul Beastall and founded in 2019 by John Archer PhD, Noor Azlin Mokhtar PhD, and Suhaiza Jamhor. The company produces HBx bio-oil, a high energy density, low carbon, sulfur-free fuel solution that is sustainable and scalable and uses CO2 greenhouse gas as a feedstock for algae grown in specialised 'bio-reactor farms'.

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These farms will be constructed on unproductive, non-agricultural semi-arid and arid terrain in nations with plenty of sunshine. HutanBio planned and created these farms, and artificial intelligence will regulate them to maximise production.

Paul Beastall said: “We have designed HBx from the outset to blend seamlessly with existing infrastructure and supply chains. It requires no engine or vessel modification, meaning adoption of HBx can be immediate and without affecting operational efficiency. Vessel life can be maximised whilst carbon emissions are reduced without changing ship and port operations which is crucial for rapid deployment.”

About HutanBio

HutanBio, They are on a quest to demonstrate that Mother Nature really does have the answers, because they think they know them. ten years of intensely laborious scientific study, tremendous hours, and sacrifice from the individual.

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