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GF Biochemicals
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Producer of biobased levulinic acid

Founded in 2008
Founded in

Company type Private Public ()
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
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Headquarters Netherlands Geleen, Netherlands
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Updated by Cleantech Group on 08/25/2020

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  • 1 M&A items
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Date Company
Partnerships
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Date Partner Type
02/20/2020
Towell Engineering Group Towell Engineering Group
The companies formed a Joint Venture called NXTLEVVEL Biochem, for the manufacturing of biosolvants using GFBiochemicals proprietary technology.
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Confirmed by Towell Engineering Group
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IPO INFORMATION

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Date Investors Type Amount
05/05/2022 Sofinnova Partners Sofinnova Partners , Sparta Capital Sparta Capital (2)
Post-money valuation of
The new funding will be used to develop partnerships, invest in research, develop intellectual property, build a production facility and hiring. Mathieu Flamini is taking up the position of chief executive officer.
Series A $15,800,000
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