HutanBio
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HutanBio

https://hutanbio.com/
Last activity: 25.01.2024
Categories: FutureGreenTechIndustryITPlatformResearchScienceShippingTechnologyTransportation
How do you decarbonise an industry which moves across vast oceans for 330 days a year, uses 200Mn tonnes of diesel fuel a year, and requires its fleet to be operational for +30 years? Where fuel needs to be available, cost-effective, and compatible with existing and future technology whilst remaining compliant. It’s a big challenge and a complex one at that! As consumers become increasingly climate aware, it’s no surprise that shipping industry customers are demanding a transition to low-carbon fuels. As it stands, existing suppliers cannot scale. Although shipping and long-haul transportation only contribute around 3% of transportation carbon emissions, they provide a critical service and are the foundations on which global trade exists. As measures are introduced to reduce unnecessary transport carbon missions, the rich and wanderlust may find it an inconvenience if they can no longer travel on a whim - but stop shipping, and food doesn’t reach those that need it the most. Basic human commodities that need to flow, won’t. ~ At HutanBio we believe we have the answer and are on a mission to prove that Mother Nature does indeed hold the answers. 10 years of painstakingly thorough scientific research, long hours, and personal sacrifice. Seven relentless years on a floating lab, battling impossible heat and sea sickness, dredging the sea for samples to get to the point where there is a viable commercial opportunity to scale. Over a Trillion sample colonies scrutinised; whittled down to just 80. It’s a mission fuelled by a powerful belief, a dogged determination to set right the wrongs of humanity, and to show through scientific data that micro-biodiversity holds the key to unlocking the climate crisis. It has resulted in the discovery of a new genus; an entire family of microorganism, new to Science. We call it HBx Our next step is to ‘green’ the desert with our marine microalgal production platform and produce low-cost, carbon-negative biofuel at SCALE.
Followers
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Followers
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Website visits
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Mentions
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Location: United Kingdom, England, Huntingdonshire
Employees: 1-10
Total raised: $2.9M
Founded date: 2019

Investors 1

DateNameWebsite
18.01.2024Clean Grow...cleangrowt...

Funding Rounds 1

DateSeriesAmountInvestors
18.01.2024Seed$2.9M-

Mentions in press and media 5

DateTitleDescriptionSource
25.01.2024Deals in brief: Tokyo Century Leasing leads Motorist’s Serie...Tokyo Century Leasing leads Motorist’s Series A round Motorist, a Singapore-based automotive technol...kr-asia.co...
24.01.2024Deals in brief: Clean Growth Fund backs HutanBio, Masa Netwo...HutanBio snags GBP 2.25 million from the UK’s Clean Growth Fund HutanBio, a biotechnology company, h...kr-asia.co...
18.01.2024HutanBio Raises £2.25M in FundingHutanBio, a Huntingdon, Cambridgeshire, UK-based biotechnology company, raised £2.25M in funding. Th...finsmes.co...
07.02.2023#21toWatch announces shortlist of next generation of Cambrid...cofinitive have announced the shortlist for #21toWatch 2023 which this year contains an eclectic mix...cambridgen...
-HutanBio“HBX | the world's best route to decarbonising long-distance transport. We use microalgae to create ...fastfounde...

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