Lignopure funding news – Hamburg-based Lignopure Raises €2.4Million in Equity Funding

Read also - Fractile funding news – UK-based Fractile Secures $15 Million in Seed Funding

Viktoria Vorwachs, responsible investment manager at NBank Capital, says, “Lignopure is a young company that has inspired and impressed us with its technology and the spirit of the founders. With their professionalism and strategic orientation, the founders manage to inspire customers and investors. We are very much looking forward to a good and successful cooperation! In line with our portfolio strategy, we want to actively support the transformation away from fossil fuels and microplastics to bio-based raw materials.”

Lignopure says, “We are very pleased with the trust of our investors. This financing allows us to strengthen the company’s global presence, lay the foundation for global production with international biorefineries and further expand our product portfolio. With this funding, we are taking a significant step closer to our mission to decarbonise the chemical industry and make lignin a real alternative to harmful ingredients.”

About Lignopure

Lignopure, a biobased substitute for fossil fuels like microplastics, was founded by Daniela Arango, Joana Gil Chavez, and Wienke Reynolds. The company's primary goal is the sustainable conversion and recycling of lignin, a naturally occurring plant polymer.

The company works with biorefineries to develop lignin-based compounds and hopes to replace hazardous chemicals in a variety of industries. Processed lignin from Lignopure is utilised in the manufacture of vegan leather, nutritional supplements, and cosmetics, encouraging environmentally responsible solutions in a variety of industries.