BIOWEG raises €1.5 million to turn industrial waste into valuable…

Team S · 2025-12-23T11:42:10.000Z

German biotech startup BIOWEG raises €1.5 million to turn industrial waste into valuable metals BIOWEG, a Quakenbrück-based biotechnology company developing sustainable, bio-based solutions for industrial by-products, has raised €1.5 million in funding to advance its waste-to-value platform for recovering rare earth elements (REEs) from complex waste streams. The financing will support development of a water-based, low-energy REE recovery process that could help Europe reduce dependence on traditional, energy-intensive metal extraction methods. The funding was provided by SPRIND, Germany’s Federal Agency for Disruptive Innovation, as part of its Tech Metal Transformation Challenge, which backs breakthrough technologies for critical metal recovery and circular-economy solutions. BIOWEG was founded in 2019 by Dr. Prateek Mahalwar and Srinivas Karuturi and combines precision fermentation with green chemistry to transform industrial side streams into high-performance, bio-based materials. Its platform will integrate with peptide-based separation technology from Technische Universität Berlin (TU Berlin) to create a solvent-free, ambient-temperature process for selective metal recovery. #biotech #startup #funding #circulareconomy #sustainability #industrialwaste #BIOWEG #SPRIND #TechMetalTransformationChallenge #TUBerlin

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BIOWEG raises €1.5 million to turn industrial waste into valuable… | Newnex