UK – Sonichem, a Leicestershire, UK-based startup that converts forestry by-products into renewable biochemicals, raised £1.2M in Pre-Series A funding.
ACF Investors made the investment.The company intends to use the funds to to further develop its technology and finalise plans for a biorefinery plant. Led by CEO Adrian Black, Sonichem is an early-stage clean technology company that uses ultrasonic processing to convert by-products of forestry into renewable bio-based chemicals. The company is working on the ultrasonic processing of woody biomass to extract high-value, renewable biochemicals with broad sector applications including bio-based materials, sustainable cosmetics, pharmaceuticals, and personal care products. Commenting on the news, Adrian Black said: “At Sonichem, our mission is to make the chemical industry more sustainable. Now we’ve completed the first phase of our Pre-series A round, we’re looking to enter our next stage of commercial development as we look to scale our offerings and build towards finalising our Pre-series A round and raising our Series A to support the development of our biorefinery plant in the North of the UK. ACF’s investment is a continued vote of confidence in our mission and we’re excited to get going.”Black is supported by the management team of Miranda Lindsay-Fynn, Commercial Director, Dr Andrew West, Chief Chemist and Omar Farooq, Senior Process Engineer.29/02/2024
