In an enlightening podcast series, Alex Shandrovsky explores the evolving landscape of investment in alternative proteins and speaks with leaders in climate tech and venture capital. The focus is on establishing benchmarks for financing in 2024, while extracting valuable lessons from industry pioneers.
Episode Spotlight: B’ZEOS
In this episode, we meet Guy Maurice, the driving force behind B’ZEOS, a company at the forefront of sustainable practices aimed at eradicating single-use plastics. Maurice takes us through B’ZEOS’s remarkable evolution, detailing how the company tapped into public funding sources from Norway and the European Union. This strategic choice allowed them to enhance their technological capabilities without early dilution of equity, setting the stage for a successful €5 million fundraising effort bolstered by impact-focused investors such as Faber.
Throughout the conversation, Maurice shares insights on obtaining paid pilot programs and cultivating strong connections with investors. These experiences impart critical strategies for effectively scaling a sustainable startup, emphasizing the fusion of innovation and societal good.
B’ZEOS at a Glance:
- Vision: To confront pressing issues within the Blue Bioeconomy by sustainably harnessing marine biomass and creating competitive, bio-based products that deliver real value.
- Milestone: B’ZEOS recently secured €5 million in funding, led by Faber.
Key Takeaways from Alex’s Discussion:
- Phased Fundraising Strategy: B’ZEOS began its journey by seeking non-dilutive public funding and smoothly transitioned to venture capital as they geared up for expansion.
- Clarity is Key: Guy stressed the necessity of clear communication to captivate potential investors.
- Efficient Due Diligence: He pointed out that having organized and transparent processes builds investor trust.
To delve deeper into effective strategies for scaling sustainable businesses, don’t miss the entire podcast series. Tune in for more engaging discussions that offer actionable insights for those navigating the world of impact investing.
Source: Vegconomist