LXP Group GmbH

About:

Revolutionary process for utilization of 2G biomass

Top Investors: MIG Capital

Description:

LXP Group develops LX-Process. The LX-Process cracks 2G biomass and can readily be adapted for large-scale 2G ethanol manufacturing but is also inversely scalable, enabling economic retrofit of smaller, decentralized biogas plants. Also, the LX-Process eliminates a principle hurdle faced in bio-processing, namely the presence / concentration of inhibitors, which are formed in all existing 2G pre-treatment methods.

Total Funding Amount:

2.6M EUR

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Marienwerder, Brandenburg, Germany

Founded Date:

2009-01-01

Founders:

Friedrich Streffer, Katrin Streffer

Number of Employees:

11-50

Last Funding Date:

2017-04-07

IPO Status:

Private

Industries: