BioFactory Energy
Overview
Executive Summary
Innovative slurry-to-energy technology for smaller dairy farms to reduce farm energy costs and GHG emissions.
The system is modular, robust and easily deployable, providing the benefits of on-farm energy generation to the 6,700 smaller UK dairy farms that currently have no access to this technology.
What do we do?
BioFactory has developed Micro AD Farm™, an innovative, scalable micro Anaerobic Digestion (“AD”) solution built into shipping containers.
The technology, which is aimed at 100-500 cow dairy farms, captures methane emissions from cow slurry and converts it into energy, usable on-farm, reducing operating costs. Existing AD technologies are very expensive and do not provide the typical farmer a cost-effective solution.
The UK addressable market for BioFactory's principal product is estimated to be between £600m and £2bn. The system would also have considerable environmental benefits by reducing greenhouse gas (“GHG”) emissions. As a result of increasing energy prices, interest from farmers is high and BioFactory already has a healthy sales pipeline.
Investment Highlights
Designed a commercially viable solution to reduce GHG emissions on smaller dairy farms that has been validated by an independent panel of industry experts
- A typical system will save at least 20t CO2e per annum (the equivalent of 50,000 miles driven by an average car)
- Following the start of operations in April 2020, BioFactory has raised £646,000 in three tranches of grant funding (Innovate UK - £380,000; Welsh Government - £266,000) alongside £270,000 in private equity), to develop and deploy two prototypes that validate the design and system operation.
- The first full-sized prototypes were deployed on-farm in May and September 2022 respectively. These prototypes use the biogas to fuel a hot water boiler.
- An Extended Prototype Phase is now planned to validate the technology over a full calendar year. Two further prototypes will therefore be deployed in 2023, that will be paid for by the farmer. These systems will also test the product with a CHP (Combined Heat & Power) engine that will generate electricity, as well as heat. The farm locations for both these prototypes are currently under negotiation.
- BioFactory's product is patent pending for the process and construction of its Micro AD Farm system.
- There is high interest from the target market as it addresses a major concern, namely rising energy prices.
- BioFactory is seeking £1,100,000 for this round to fund working capital and overheads to deliver early commercial sales, followed by expanding to full commercialisation.
Vision
BioFactory’s vision is to expand access to micro-scale AD technology to reduce GreenHouse Gas emissions and support the transition to Net Zero farming. Starting with the UK dairy sector, BioFactory seeks to expand its technology into other UK agricultural sectors such as beef and pig farming, and to deploy the technology in overseas markets via a licensing model.
Problem and Solution
Ut dignissim eget felis non ultrices. Vivamus fermentum erat at velit varius molestie.
Duis vitae mi neque.
Donec tincidunt, dolor luctus lobortis ultrices, turpis eros cursus turpis, maximus tempor lectus lectus vel diam.
Proin neque lacus, semper vel ex at, eleifend rhoncus est.
Cras non nisi urna. Sed feugiat dignissim erat, eget convallis nisl blandit a. Nullam fringilla diam eget dui placerat fermentum. Maecenas malesuada viverra leo eu bibendum. Nam vulputate enim velit, eu pretium justo tristique ac.
Nam vitae varius augue. Nam pharetra facilisis elementum. Sed nisl risus, vestibulum ut velit at, dapibus sagittis arcu. Nullam sed dolor suscipit, efficitur enim quis, vestibulum sapien. Nunc convallis mauris nec nibh mollis, eget aliquet odio tincidunt.
Phasellus faucibus sem mauris, sed iaculis nisl egestas sed. Sed sit amet gravida elit, sagittis sollicitudin nulla. Vivamus auctor arcu eu scelerisque convallis. Phasellus scelerisque ultrices tincidunt. Curabitur odio libero, faucibus et felis nec, pulvinar facilisis urna. Interdum et malesuada fames ac ante ipsum primis in faucibus. Maecenas ultrices in velit at ultrices.
Pellentesque tempor a risus in elementum. Proin malesuada mauris et mauris bibendum la
Open an account to get
access to more details
Competitive Advantage
Ut dignissim eget felis non ultrices. Vivamus fermentum erat at velit varius molestie.
Duis vitae mi neque.
Donec tincidunt, dolor luctus lobortis ultrices, turpis eros cursus turpis, maximus tempor lectus lectus vel diam.
Proin neque lacus, semper vel ex at, eleifend rhoncus est.
Cras non nisi urna. Sed feugiat dignissim erat, eget convallis nisl blandit a. Nullam fringilla diam eget dui placerat fermentum. Maecenas malesuada viverra leo eu bibendum. Nam vulputate enim velit, eu pretium justo tristique ac.
Nam vitae varius augue. Nam pharetra facilisis elementum. Sed nisl risus, vestibulum ut velit at, dapibus sagittis arcu. Nullam sed dolor suscipit, efficitur enim quis, vestibulum sapien. Nunc convallis mauris nec nibh mollis, eget aliquet odio tincidunt.
Phasellus faucibus sem mauris, sed iaculis nisl egestas sed. Sed sit amet gravida elit, sagittis sollicitudin nulla. Vivamus auctor arcu eu scelerisque convallis. Phasellus scelerisque ultrices tincidunt. Curabitur odio libero, faucibus et felis nec, pulvinar facilisis urna.
Open an account to get
access to more details
Company Highlights
Pellentesque tempor a risus in elementum. Proin malesuada mauris et mauris bibendum laoreet.
Vivamus maximus nulla volutpat, ornare lorem a, vulputate enim. In dui nisl, vestibulum eu finibus pretium, eleifend et eros. Vivamus in venenatis risus, ut dictum velit. Praesent rhoncus tempor fermentum. In malesuada tellus eu volutpat posuere. Nullam ut dignissim libero, ut pharetra leo. Nullam sit amet aliquam felis. Suspendisse volutpat ante eget tincidunt feugiat. Nunc placerat sapien et metus molestie, in viverra augue viverra. Donec varius metus ut arcu vestibulum hendrerit. Sed viverra risus neque, ac commodo enim lacinia at.
Morbi posuere tortor vitae sapien faucibus auctor. Donec nulla ipsum, aliquet non bibendum sit amet, viverra non metus. Sed blandit efficitur orci, id dignissim eros.
Donec sollicitudin massa ut tellus gravida, ut luctus lacus maximus. Maecenas porttitor a tellus ac sagittis. Suspendisse potenti. Donec mauris sem, tristique a ipsum vitae, pretium facilisis libero. Nullam interdum mauris in euismod pretium. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nunc felis lectus, ornare a nunc eu, convallis suscipit elit. Donec at m
Open an account to get
access to more details
Investment Offering
Proin auctor bibendum ex, non condimentum tortor sodales vitae. Ut feugiat at lorem accumsan consequat.
Open an account to get
access to more details
See more exciting opportunities on CRIISP
Melbourne Victory FC
Melbourne Victory Football Club is an Australian professional soccer club based in Melbourne, Victoria. Competing in the country's premier competition, the A-League, under licence from Football Australia, Victory entered the competition in the inaugural season as the only Victorian-based club in...
Leonie Hill Ai
Leonie Hill Ai offers B2B and B2B2C white-label and API driven software solutions to traditional institutions to offer digital asset services to their clients.
Paycepaid
Paycepaid is a Software as a Service debt collection solution unlike any on the market today with a heavy focus on the debtor. Empowering businesses to manage their end to end collections while providing debtors with a magnitude of options to reduce financial stress and anxiety.
Mint Payments Limited
Mint Payments is an innovative payments solution provider focussed on offering full-service, end-to-end payment solutions for all businesses looking to accept payments from their customers and make payments to their suppliers.
DigitalX Ltd
DigitalX is a Blockchain company with offices across Australia and New York. The Company acts as investment manager to two wholesale digital asset Funds and provides blockchain consulting and development services.
Backed By Leading Investment Groups and Family Offices
