RenFuel K2B AB

About RenFuel K2B AB

RenFuel is a Sweden-based company focused on developing next-generation advanced biofuels and bio-based materials from lignin, a by-product of the pulp industry. Their mission is to provide fossil-free alternatives to fuels and plastics, contributing to a sustainable future with products like LIGNOL(r) bio-oil and bioplastics such as LIGNISOL(r), aiming for a fossil-free vehicle fleet by 2030.

Products & Services

Biofuels (LIGNOL(r)):A patented process converts lignin, waste fats, and vegetable oils into LIGNOL(r), a fossil-free 'drop-in fuel' compatible with gasoline, diesel, and jet engines, serving as a complement to electric vehicles.

Materials (Bio-based Plastics):Bio-based plastics derived from forest and agricultural residues, using patented technology to convert lignin into materials like LIGNISOL(r), LIGNISET(r), and LIGNIFLEX(r) that replace fossil-based plastics.

Specialties

Lignin-based biofuels Bio-based plastics Patented lignin conversion technology Fossil-free fuel solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Convertible Notes T: - FT: Convertible Notes	A: 3000000 MR: - FA: up to $3,000,000 FAN: 3000000	D: 2024-04-24 FD: 2024-04-24	1 investors

Convertible Notes Latest

2024-04-24

$3.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

J

Johan Löchen

CEO

S

Sven Löchen

Chairman of the board and co-founder

I

Igor Schjörling Lishajko

VP International

J

Joseph Samec

CRO and co-founder

C

Christian Dahlstrand

CTO, Head of Biofuels division

P

Pierre Munier

CTO, Materials division

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Recent News

RenFuel K2B AB Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised