Embion attracts Asahi Group as partner and investor

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01.12.2020
Embion Biomass

EMBION Technologies S.A. cooperates with the Japanese ASAHI Group in the product development from biomass of the brewery by-products of the ASAHI Group.  As part of this strategic partnership, ASAHI Group Holdings has contributed to EMBION’s ongoing Series A funding round.

EMBION Technologies S.A., industrial biotechnology and green chemistry innovator and Asahi Group Holdings Ltd. (“AGH”) and its R&D subsidiary company, Asahi Quality and Innovations Ltd. (“AQI”) will cooperate to develop and deliver new products by combining each partners’ expertise and know-how. The goal is to create new products from brewing by-products generated by Asahi Group. As part of this partnership, Embion has already raised part of the Series A funding round which opened earlier in mid-November, with existing shareholders’ strong expected participation.

Embion will provide technology and knowhow to biomass processing and deriving customized, bioactive super-extracts from plant and microbial biomass. Embion’s technology allows to create super-potent extracts from food and agricultural industry side streams. “This upcycling contributes to extending our food resources, security of supply, and sustainability with a technology that is able to reduce carbon footprint even further than the most sustainable technologies in the market today”, adds Savoglidis.

AQI is the central hub for cutting-edge research in Asahi Group, engaging in research themes and core technologies that may lead to mid-to-long-term developments in Asahi Group. Through these activities, AQI will contribute not only to financial growth of the Asahi Group but also to creation of shared values.

“We highly appreciate Embion’s technology thorough experiments. Through our partnership with Embion we aim to deliver on accelerating the promotion of sustainability on a global basis. Future food and supply security demand the use of localized resources while exploring the most advanced fundamental technologies available,” adds Manabu Sami, President and Representative Director of AQI.

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