AmphiStar lands $6.4M investment round to accelerate its biosurfactants range

In Belgium, European Circular Bioeconomy Fund (ECBF), Qbic III and Flanders Future Tech Fund (FFTF) have joined forces to provide a significant boost to Ghent-based start-up AmphiStar. The funding round, led by ECBF, raised €6 million. This will allow AmphiStar to accelerate the industrialization of its biosurfactants range and strengthen its team. As AmphiStar gears up for full commercial deployment, the company is laying the groundwork for future expansion with plans for the construction of a 1,000 metric tons (100% active) per annum launch plant.