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TerraVerdae BioWorks
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Developer of biorefinery platform for converting biomass and waste streams into sustainable bio-based products including PHA for flims, coatings and adhesives

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 4-6
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 Toronto, ON Toronto, Canada
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Updated by Ray Bergstra at TerraVerdae BioWorks on 09/24/2019

Edited by Cleantech Group on 11/01/2022

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Date Company
Partnerships
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Date Partner Type
01/13/2016
PolyFerm Canada PolyFerm Canada
The companies have signed a partnership deal that will see TerraVerdae start manufacturing PolyFerm’s products with an aim to increase production to commercial levels.
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Confirmed by PolyFerm Canada
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IPO INFORMATION

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Date Investors Type Amount
04/29/2020 Alberta Innovates Alberta Innovates , Natural Resources Canada Natural Resources Canada , National Research Council of Canada National Research Council of Canada (3)
Post-money valuation of
Funding will be used for increasing product development capacity at TerraVerdae Bioworks for fully biodegradable, high-performance bioplastics.
Grant $3,200,000
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