KU Leuven spins off technology into GlobalYeast with hubs in Belgium and Brazil

October 27, 2015 |

In Belgium, KU Leuven, VIB and Performa Investimentos, an independent Brazilian private equity and venture capital company, established GlobalYeast, a new company that will develop and deliver superior industrial yeast strains for bioethanol and the green chemicals industry. The company raised a total of EUR6.25 million from an investor consortium composed of a Brazilian VC Fund (Performa Investimentos), two Belgian funds (KU Leuven Gemma Frisius Fund and SOFI) and VIB and will focus on the Brazilian market and large groups worldwide.

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Category: Fuels

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