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Comet Biorefining
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Developer of a process to convert cellulosic biomass into high quality cost-competitive cellulosic glucose

Founded in 2009
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Company type Private Public ()
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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
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Headquarters London, ON London, Canada
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Updated by Cleantech Group on 04/05/2022

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Date Company
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Date Partner Type
04/18/2016
BioAmber BioAmber
The deal includes provisions for Comet to supply dextrose to future BioAmber manufacturing facilities and provides BioAmber with certain exclusive rights in the fields of succinic acid, 1,4-butanediol (BDO) and tetrahydrofun (THF). This partnership is the culmination of development work as part of BioIndustrial Innovation Canada's recently completed cellulosic sugar study.
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Confirmed by BioAmber
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IPO INFORMATION

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Date Investors Type Amount
05/08/2018 Government of Ontario Government of Ontario (1)
Post-money valuation of
Original amount of the project was CAD 8 million.
Grant $6,170,000
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