Biomicrogel Group Asset Profile

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Year established

2012

Location

Oxford UK

Primary Industry

Materials

About

Based in Oxford, UK, and founded by Andrey Elagin (General Director) in 2012, Biomicrogel Group operates as an environmental biotech company developing technology for cleaning water and hard surfaces from any type of oil. In April 2021, the firm raised USD 13 million in venture funding led by individual investor Gregory Berenstein. The company as of April 2021, has 80 patents in 62 countries, employs over 100 employees, and is serving to metallurgical engineering and tube rolling, machinery and metal fabrication industry, shipping and ports, and oil industries among others. Some of the clients of the firm include PGNiG, Port of Rotterdam, GEA, RCL, Texima Export Import GmBH, Elastec, etc. The company with the use of microgel technology previously used in medical and pharmaceutical industries offers water and industrial wastewater treatment from oil, fats, and petroleum products, and reduces the cost of disposal of coolant. Other services offered by the company are responding to oil spills and recovery of thin oil slicks from the surface of water, treatment, and disposal of spent metalworking fluids, and treatment of oilfield water. The firm through its consumer brand Wonder Lab offers environmentally friendly home cleaning, laundry, and fruit and vegetable washing products, made from plant raw materials. The company plans to utilize its April 2021 funding to expand its market reach into the international market, grow the product line, and increase production capacity.

Current Investors

SVF

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Primary Industry

Materials

Sub Industries

Pollution Control, Recycling, Industrial Machinery, Chemicals, Environmental Materials

Website

www.biomicrogel.com

Verticals

Clean Technology, Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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