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§ Private Profile · Grenoble, Rhone-Alpes, France
Eco-friendly, paper-based biofuel cells replace miniature batteries in low-power electronics, IoT, medical, wearables.
Based in Grenoble, France, BeFC Bioenzymatic Fuel Cells develops paper-based bioenzymatic fuel cells that generate electricity using enzymes and glucose to replace miniature batteries in low-power electronics. The company provides compostable power sources and integrated digital platforms with sensors and microprocessors for smart packaging, single-use medical wearables, and Internet of Things devices. Operating from a 1,200-square-meter manufacturing facility, the enterprise employs approximately 50 people and has the capacity to produce millions of biofuel cell units annually. The hardware manufacturer has secured venture capital funding, including a €16 million Series A round in 2023 backed by investors Demeter, Supernova Invest, Otium Capital, and BNP Paribas Développement. BeFC Bioenzymatic Fuel Cells was founded in 2020 as a spin-off from the French National Centre for Scientific Research by Jules Hammond, Marie Berthuel, Jean-Francis Bloch, Andrew Gross, Michael Holzinger, and Serge Cosnier.
BeFC Bioenzymatic Fuel Cells has raised $17.2M across 1 funding round.
BeFC Bioenzymatic Fuel Cells has raised $17.2M in total across 1 funding round.
BeFC Bioenzymatic Fuel Cells has raised $17.2M across 1 funding round. Most recently, it raised $17.2M Series A in June 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 8, 2023 | $17.2M Series A | — | BNP Paribas Développement, Demeter, Supernova Invest | Announced |
BeFC Bioenzymatic Fuel Cells has raised $17.2M in total across 1 funding round.
BeFC Bioenzymatic Fuel Cells's investors include BNP Paribas Développement, Demeter, Supernova Invest.