GlucanBio

company

About

GlucanBio, an early stage company that repurposes non-food biomass into high-value chemicals and biomaterials

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$179.99K
Industries
Biotechnology,Chemical,Renewable Energy
Founded date
Jan 1, 2012
Number Of Employee
1 - 10
Operating Status
Active

GlucanBio technology developed from the University of Wisconsin and Center for Biorenewable Chemicals (CBiRC) at Iowa State. Our primary purpose is to produce furan derivatives from biomass with cost and performance advantages. The market opportunity is strong and relevant, not only for furfural, but also for HMF, DMF, THF and FDCA.Our team offers best-in-field expertise in catalysis, IP management, engineering scale-up, and early stage commercialization.Engaging great minds like Jim Dumesic, a world-renowned catalytic chemist, and Brent Shanks, a highly acclaimed principal in the industry, gives us an advantage in hurdling technical roadblocks.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$1.08M
GlucanBio has raised a total of $1.08M in funding over 2 rounds. Their latest funding was raised on Sep 14, 2016 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 14, 2016 Grant $729.46K 1 National Science Foundation Detail
Jun 1, 2015 Grant $179.99K 1 National Science Foundation Detail
Jun 13, 2013 Grant $179.99K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
3
1
GlucanBio is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant