Kaffe Bueno prepares for growth with new funding from Borregaard

By Kirsty Doolan

- Last updated on GMT

Kaffe Bueno said this investment will help it "further unlock coffee's health potential as a tool to reduce manufacturing's Scope 3 emissions”
Kaffe Bueno said this investment will help it "further unlock coffee's health potential as a tool to reduce manufacturing's Scope 3 emissions”

Related tags biobased Sustainability circular beauty circular economy sustainable beauty Ingredients Formulation

Danish biosciences company Kaffe Bueno, which works with coffee by-products, has secured €6.2m in a series A funding round led by Norwegian biomass refining and eco-friendly biochemicals company, Borregaard, to help grow the business.

Kaffe Bueno, which uses by-products from the coffee industry to create ingredients that can be used in beauty and personal care products, said Borregaard, which led the funding round, will now be a strategic partner and member of its board of directors.

Other investors included The European Innovation Council​ and existing investors PINC (the venture arm of Finnish Paulig), The Yield Lab, EIFO (Export & Investment Fund of Denmark) and Dalgaard group.

Co-founder and CCO of Kaffe Bueno, Alejandro Franco, said the funding injection will help the company’s innovations reach the market faster, with more studies and data, and at larger scales. “It is a testament to the need for the urgency to make the industry more sustainable, using coffee-derived compounds as a tool to achieve that,” he shared.

"A tool to reduce manufacturing's Scope 3 emissions"

The company also said that with this new partnership, and the results of its continuous R&D, it will be able to expand its operations into new areas such as advanced materials and agriculture, and further “unlock coffee's health potential as a tool to reduce manufacturing's Scope 3 emissions.”

President and CEO of Borregaard, Per A. Sørlie, said of the partnership: “We realise that it will take time to scale up and fine tune production and to establish a global business, but we see this as an interesting opportunity with potential synergies between the two companies in several functions.”

Kaffe Bueno started up in 2016 and is part of a growing movement in the beauty industry and other FMCG industries to transition to bio-based ingredients, to meet increasingly strict environmental regulations​ in the EU, UK and beyond.
The coffee-based ingredients supplier opened its first biorefinery​ in Copenhagen in late September 2023. Its first focus is the personal care industry, where active ingredients such as KAFFOIL, KAFFAGE and KAFFAIR have already been launched into the market.

Related news

Show more

Related products

show more

Get your skin ready for summer

Get your skin ready for summer

Content provided by Robertet Health & Beauty | 27-Jun-2023 | Product Brochure

Sunbathing at the beach is the first UV-related skin damage that comes to mind. Whereas, enjoying a coffee on a terrace under the sun can be as harmful.

ERYLITE® in oral care products

ERYLITE® in oral care products

Content provided by Jungbunzlauer | 13-Apr-2023 | White Paper

An in vitro study was conducted to examine the effect of the polyol erythritol (ERYLITE®) on oral biofilm formation. Short exposure times of the biofilm...

Tagra Launches New Water-Soluble Biotin Revolution

Tagra Launches New Water-Soluble Biotin Revolution

Content provided by Tagra Biotechnologies | 05-Apr-2023 | Product Presentation

Biotin (vitamin B7) helps improve hair health, skin’s pigmentation, and nail’s appearance. Biotin occurs as a crystalline powder with very little solubility...