Author: supervisor
Naturality in AFYREN’s products
Consumers are looking for products that are healthy, authentic and above all, natural. Fermentation is a natural transformation as ancient as life on Earth. Natural fermentation is also the key to AFYREN’s contribution to a circular, biobased economy. Definitions of naturality vary according to geography and sector, but these days, everyone seems to want it. Sourdough bread, balsamic vinegar, beer or blue cheese. These everyday products have one thing in common: they are all fermented. Fermented food is transformed by microorganisms like bacteria or yeast that are commonly found in nature. During the fermentation process, these microorganisms transform substrate such […]
Industrial Biotech joins FT120 with AFYREN
AFYREN, the flagship French Biotech company that created and develops a breakthrough innovation in green chemistry, is pleased to announce its nomination for the French Tech 120 programme by Mission French Tech and BPI France. The company was selected as one of the 83 most promising French start-ups from a field of 300 innovative start-ups at the national and territorial levels. AFYREN was recognized for its high potential, after raising €21 million in January 2019 and achieving rapid growth. At a time when daily consumer products far too often contain petroleum-based molecules, AFYREN provides businesses and industries with alternative, bio-sourced […]
AFYREN further strengthens its leadership teams
AFYREN, which produces high-value bio-based building blocks with fermentation technologies, is announcing that it is further strengthening its leadership teams through three strategic appointments. After securing €60m of financing to create its industrial subsidiary AFYREN NEOXY (joint-venture with the SPI industrial projects fund operated by Bpifrance), AFYREN has appointed Jean Saint-Donat, Maxime Cordonnier and Fabrice Orecchioni. AFYREN NEOXY: Jean Saint-Donat will lead the joint industrial subsidiary with Bpifrance’s SPI fund Jean Saint-Donat has been appointed CEO of the joint-venture AFYREN NEOXY after heading up business development for over two years at AFYREN. This will enable the entire company to benefit […]
AFYREN and Bpifrance announce the creation of AFYREN NEOXY
Afyren and the SPI – Sociétés de Projets Industriels – industrial projects fund, managed by Bpifrance and financed by the French public “Programme d’Investissements d’Avenir” (Future Investments Program) and the European Investment Bank, are jointly investing 50 million euros in this industrial joint-venture. This first industrial subsidiary of Afyren will be focused on producing, using co-products from the sugar industry, organic acids that can be used in multiple applications, from cosmetics to flavors and fragrances, human and animal nutrition, and even fine chemicals. Based on the CHEMESIS platform in Carling Saint-Avold, in France’s Moselle region, this production unit will also […]
60 million euros of financing to move into industrial development phase
In order to offer industrial firms a reliable alternative to using acids based on oil derivatives, AFYREN has confirmed the production of bio-based organic acids on a pre-industrial scale for use with multiple applications. Today, AFYREN is launching its industrial development phase after securing total financing of 60 million euros, including a 21 million euro capital increase. AFYREN, which produces high-value bio-based building blocks to manufacture acids using fermentation technologies, has just completed a 21 million euro round of fundraising, led by Sofinnova Partners and Valquest Partners, bringing on board Supernova, Crédit Agricole Création and Crédit Agricole Centre France alongside […]