LignoPure secures € 2.2 Million seed round with High-Tech Gründerfonds, Innovationsstarter Fonds Hamburg GmbH (IFH) and Swiss Holding Tanovis AG

LignoPure invented a unique approach to replace plastics through utilization of wood waste and the team just closed its seed round with HTGF, IFH and Tanovis AG to scale its own technology for the transformation of lignin – a byproduct of the pulp and paper industries and biorefineries – into tailor made particles for life science applications and accelerate its market entry. Lignin is the second most abundant natural polymer on earth but has been so far underutilized or burned for energy production. LignoPure is positioning as game changer in the way that lignin is applied into products, offering tailor-made powders according to the intended application and bringing the properties that lignin has in nature to the end products that will be offered to consumers.

With this investment, the startup will scale up their technology for the production of 100% natural LignoBase®, ultrafine, high quality lignin particles that will be primarily offered as functional ingredient in cosmetics and replace harmful fossil-based materials. For the first time, LignoPure will be able to deliver high-quality lignin for cosmetics on ton-scale.

LignoPure works beyond the supply of lignin powders but aims to assist their customers in launching their own innovative, sustainable, and lignin-based products by offering tailored solutions and development services for Life Sciences as well as new materials.

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