Bloom Biorenewables Receives Investment from BTomorrow Ventures

BTomorrow Ventures (BTV) has announced its investment in Swiss tech start-up Bloom Biorenewables, an innovative company that specializes in converting biomass into functional materials. Founded in 2019 by Remy Bruser, Florent Hroguel, and Jeremy Luterbacher, Bloom uses its Aldehyde-Assisted Fractionation (AAF) technology as a sustainable alternative to petroleum-based materials. The recent funding from BTV, among other investors, will be utilized to scale up Bloom's processes and develop commercial-scale units aimed at entering the market more aggressively. This investment aligns with the broader objective of supporting British American Tobacco's (BAT) sustainable packaging goals and enhancing its commitment toward eco-friendly solutions across their value chain. BTV's collaboration with Bloom is aimed at leveraging this novel technology to minimize environmental impact, with hopes to redefine several industry practices. BTV's Investment Director, Lukasz Garbowski, and Bloom's co-CEO, Remy Bruser, express optimism about the growth and application potentials of this new partnership.