Bioo

Bioo

In addition to powering small appliances at home, Bioo Sensor offers a patented solution for IoT in agriculture. Learn more
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DateInvestorsAmountRound
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N/A

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€300k

Seed

€1.3m

Grant
N/A

€1.3m

Grant

€700k

Grant
N/A

€210k

Seed
N/A

€500k

Seed

€500k

Seed
N/A

$100k

Early VC
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€1.5m

Seed

€500k

Early VC
Total FundingAUD12.1m

Recent News about Bioo

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BiooTech is an innovative startup at the forefront of green technology, specializing in generating electricity from natural processes. The company has developed a groundbreaking system that harnesses energy through the decomposition of organic substances by bacteria in the soil. This process releases electrons, which are then captured to produce electricity. This unique approach positions BiooTech as a pioneer in the renewable energy sector, particularly in the niche of bioelectricity.

BiooTech primarily serves a diverse range of clients, including educational institutions, research organizations, and environmentally conscious businesses. The company operates in the renewable energy market, with a strong focus on biotechnology and sustainable development. By integrating their technology into educational curriculums, BiooTech also aims to inspire the next generation of scientists and technologists.

The business model of BiooTech revolves around research and development (R&D), product sales, and educational partnerships. The company invests heavily in R&D to continuously improve and expand its technology. Revenue is generated through the sale of their bioelectricity systems to schools, research institutions, and commercial clients. Additionally, BiooTech collaborates with educational institutions to provide simplified versions of their technology for teaching purposes, further broadening their market reach.

BiooTech has received significant recognition for its innovative contributions, including being listed among the top 50 most innovative companies in Europe and winning awards from prestigious organizations like the American Chamber of Commerce in Europe. The company is also co-funded by the Horizon 2020 SME Instrument Programme of the European Union, which supports small and medium-sized enterprises with high growth potential.

In summary, BiooTech is a trailblazer in the renewable energy sector, leveraging natural processes to generate electricity and fostering education in science and technology.

Keywords: bioelectricity, renewable energy, biotechnology, green technology, sustainable development, education, R&D, innovation, Horizon 2020, environmental.

Tech stack

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