AFYREN, a French greentech company offering manufacturers biobased, low-carbon ingredients through a unique fermentation technology based on a circular model, received €7 million in additional financing for its subsidiary AFYREN NEOXY. This was obtained through the release of the second tranche of the Sustainability-linked loan secured in December 2024 and the New Industry Loan obtained in November 2024. AFYREN reports a cash position of approximately €35 million as of year-end 2025.
“After several months of tests and trials, our teams have now a good control of our process and its critical steps. I welcome their resilience and determination to meet the challenges related to the unique and innovative nature of our process. Based on these achievements, we are very confident in our ability to ensure the start of continuous production of AFYREN NEOXY in 2024, and to make AFYREN a leading player in industrial green chemistry worldwide”. To say it is Nicolas Sordet, Chief Executive Officer of AFYREN, the greentech company that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular model. The French company provided an update on recent activity of its AFYREN NEOXY plant during a visit organised for individual and institutional shareholders, and confirmed its target to start continuous production in 2024.
Afyren, a greentech company that offers manufacturers natural, low-carbon ingredients produced using unique fermentation technology based on a completely circular model, and Suez, a world leader in circular solutions for water and waste management, are working together on a new way of creating value from organic waste.
Afyren, a Lyon-headquartered greentech company, that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular model, announced significant progress in production at the Afyren Neoxy plant and the delivery of the first lots of biobased organic acids.
AFYREN, a greentech company that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular model, and CEARITIS, a sustainable agriculture start-up, have signed a partnership to support the development of an innovative biocontrol device to protect orchards.
The two companies, which share the same values and commitment to environmental sustainability, have joined forces to offer tree-crop growers an innovative and biodiversity-friendly alternative to insecticides.
AFYREN, a French greentech company that offers manufacturers bio-based, low-carbon products made using technology based on natural micro-organisms, has signed two new commercial contracts for organic acids produced at its AFYREN NEOXY factory. The deals, involving a European and an American player, are for applications in the field of cosmetics and nutraceuticals.
“Simplification of the European regulatory framework could also go a long way toward accelerating and promoting the circular bioeconomy surge.“ Nicolas Sordet, founder and CEO of AFYREN, talks to Il Bioeconomista. Founded in 2012 and headquartered in France, AFYREN collected more than €70 million funding in 2019, which allows the company to grow from a pilot stage to industrial-scale production.
Interview by Mario Bonaccorso
Afyren and Südzucker reached an unprecedented long-term agreement on the supply of sugar beet co-products as feedstock for Afyren Neoxy, the zero-waste, low-carbon biorefinery that will begin producing seven 100% biobased organic acids at industrial scale in early 2022. The partnership is in accordance with both companies’ sustainability strategies. Using these co- products to produce bio-based organic acids provides a high level of revalorization and does not affect the food chain.
French Industrial biotech company Afyren, which produces high-value bio-based building blocks to manufacture acids using fermentation technologies, has 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 its historical shareholders AFY Partners and Sofimac Régions (Sofimac and the Jérémie Innovation 1 and 2 funds).
IL BIOECONOMISTA 