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Denmark’s BioCirc raises €40.2M; looks to complete €134M worth of green energy projects by 2025

  • Copenhagen-based circular bioeconomic company, BioCirc, has raised €40.2M in an internal fundraising round to support its projects worth €134M by 2025.
  • BioCirc plans to expand the Vinkel Biogas plant in Skive to become the world's largest biogas plant and establish a 55-hectare solar park around the facility for renewable electricity.
  • The company will construct five carbon capture plants in different locations to capture approximately 1 million tons of CO2 and contribute to municipal climate targets.
  • Founded in 2021, BioCirc aims to displace the use of fossil energy locally and owns and operates eight biogas plants in Denmark.

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