Montpellier prepares the green fuel of the future
Posted on May 1, 2010 by christopher
The company, whose research center is located in Cap Alpha, just go public. Produce biofuels in large quantities. Without block land useful for human consumption. The company Deinove it serious consideration. By clearing a single track production of green fuel, via bacteria.
The Paris-based company, whose research center is housed in the incubator Cap Alpha, near Montpellier, uses the services of déinocoques, appeared here on Earth three billion years. A family of microscopic organisms are very resistant and able to degrade and turn into ethanol plants which are not components of waste recovery, including hemicelluloses of wood that contains sugar.
The center’s research enterprise focus, hence its attention on identifying the most efficient déinocoques, by collecting, sorting and culture, to refine its process. September worldwide patents already filed and its research has attracted the attention of the group Tereos, owner of Beghin-Say, who just signed with the company a partnership agreement.
OSEO, the ex-Anvar, the French innovation agency, also finances the work of the biotechnology company, “to the tune of € 9 million in grants and repayable advances,” said Jacques Biton, the Director General . Today Deinove goes public on the Alternext market to finance its developments.
It opens its capital stake of 21%. She hopes to raise this way € 12 million. Of this amount, € 2 million will be made by Truffle Capital, a fund investing in innovative, already present in Deinove.