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Afyren
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Short description

Developer of technology to convert non food biomass into bioenergy and organic acids

Founded in 2012
Founded in

Company type Public Public (ALAFY.PA)
Company type

Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters France Saint-Beauzire, France
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Updated by Cleantech Group on 04/04/2024

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Date Company
Partnerships
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Date Partner Type
05/15/2025
Südzucker Group Südzucker Group
Südzucker will supply non-edible agricultural by-products from sugar production as feedstock for Afyren's first production facility, Afyren Neoxy, which produces a family of seven 100% bio-based carboxylic acids.
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Confirmed by Südzucker Group
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Investment Rounds
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IPO INFORMATION

Date

09/14/2021

IPO status

Listed

IPO Type

IPO

Amount

$89M

Initial shares

Ticker symbol

ALAFY.PA

Exchange listed

Euronext Growth

Prospectus URL

Prospectus

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Source

Description

The funding will be used to ramp-up Afyren's production of bio-based organic acids made from non-food biomass.

Date Investors Type Amount
04/03/2024 Circular Bio-based Europe Joint Undertaking Circular Bio-based Europe Joint Undertaking (1)
Post-money valuation of
Funding is the third installment of a €20M grant from the Circular Bio-based Europe Joint Undertaking (CBE JU) for project AFTER-BIOCHEM.
Grant $3,692,500
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