Renovare Fuels Ltd

London, United Kingdom renovare, biodegradable, waste, fuel, fossil

Short Summary

Green waste into clean, ready-to-use fuel - a revolutionary process that turns biodegradable waste from homes, municipalities, agriculture and industry into fuel. Patented. Heads of terms with multinationals. £14.39m pre-money valuation (EIS)

Highlights

  • Forecasting £4.4m revenues FY 2020
  • Heads of terms and DD underway with a number of major clients
  • >90% Gross Profit Margin - >80% EBITDA Margin
  • Fully patented, with 2 more patents in process
  • $10m in R&D over an 8-year period

Overview

Target
£600,000
Minimum
£25,000
Invested
£300,000
Previous Rounds £1
Stage Achieving Sales
Investor Role n/a
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