Regularly, we want to present to you the startups that are part of the RootCamp accelerator startup program. In our blog interview series, we introduce you to the founders, their innovative technology, and how RootCamp has taken the startup from Latvia to the next level. Get to know Biorefic of Batch#3.
Emils Paupe-Balodis Co-Founder of Biorefic at the Demo-days in Hannover
What does your startup do?
Biorefic develops technology for upcycling agricultural residues to advanced prebiotic ingredients for feed and food sectors. We unlock the value in biomass by extracting a unique, synergistic prebiotic compound. The technology is scalable, cost-effective and can be backward integrated into existing processing operations.
Can you give us an example of a product produced by Biorefic and its applications?
The technology of Biorefic is based on a process called biorefinery. It involves breaking down the biomass into small particles and then converting it into desired end products using microorganisms, enzymes, and chemicals. This process is energy-efficient, environmentally friendly, and cost-effective as it utilizes waste that would otherwise be disposed of. An example of a product is bioethanol. It is derived from agricultural waste such as grain and plant residue and can be used as fuel for cars and in the chemical industry. Another example is bioplastic, made from biodegradable materials and providing an environmentally friendly alternative to traditional plastic products.
How does your technology bring positive change to agriculture?
Biorefic is the enabler of true circularity. We are the link between the agri-food operators that generate significant volumes of underutilized agricultural residues, and animal feeds ingredient producers, seeking effective yet cost-competitive gut health solutions for ever-growing animal produce demand and challenges. We must tap into the available resources and bring them into agri-food systems to meet the ever-growing need for food.
Why did you decide to apply for RootCamp?
Germany is one of the agricultural hubs in Europe and it is important for us to establish networks as well as collaborations here for future opportunities. RootCamp was a perfect opportunity. The startup accelerator program provides grants with an amazing curriculum and mentors while being absolutely equity-free. We are also looking forward to collaborating with one of the industry partners.
How has participating in our accelerator program helped you with your business?
RootCamp has helped us to clarify what potential investors are looking for, and how they are thinking, which has allowed us to clarify our development strategy and narrow the focus on things that truly matter for achieving growth as fast as possible. Moreover, it has been an absolute privilege to learn from the amazing colleagues from the other startups in the batch.
What are your plans for the near future?
We want to gather data to validate our products functionality and improve our technology’s defensibility. In addition, we have identified the pet food ingredients segment as a beachhead market, where production scale is not a prohibitive factor to set up pilot projects with industry partners. After these milestones, we would initiate the funding round to establish our own pilot production facility.
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