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Biorecro AB

Biorecro removes carbon dioxide from the atmosphere.

  • Stage $500K in TTM Revenue
  • Industry Clean Technology
  • Location Sergel's Square, Stockholm, Sweden
  • Currency SEK
  • Founded February 2007
  • Employees 4
  • Website biorecro.com

Company Summary

Biorecro removes carbon dioxide from the atmosphere using Bio-Energy with Carbon Capture and Storage (BECCS) technology, which is crucial for meeting international climate change mitigation targets according to the IEA and IPCC. Biorecro produces carbon credits and offsets for international markets with BECCS, has more than 40 customers, a positive cash flow, a "Climate Solver” award by the WWF and is a finalist in the Virgin Earth Challenge.

Team

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    Henrik Karlsson
    President & CEO

    Entrepreneur and leading international expert on BECCS. M.Sc. from the Royal Institute of Technology, KTH. Has held lectures on BECCS at the universities in Oxford, Edinburgh, Orléans and Stanford. Has provided commentaries for Bloomberg, Reuters, The Economist and Swedish National Televison, Radio and newspapers. Advisor to the UN, IEA/OECD and Swedish Ministry of Finance. Innovator of the Year on Veckans Affärer Super Talent List 2013.

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    Lennart Byström
    Chairman of the Board

    Social psychologist and serial entrepreneur since 1987 within the fields of communication and rehabilitation, hospitality and environment. Studies in social psychology, literature and philosophy at the University of Aix-Marseille, Industrial Engineering and Management at the Royal Institute of Technology, KTH. Previously founder of Grupp Occam, financial manager for care and rehabilitation centres and Save The Children in the District of Uppland.

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    Daniel Magnergård
    Sales Director

    Sales Director from March 1st, 2013. Entrepreneur and former CEO and co-founder of Activio AB, leading its growth from 3 to 12 employees and 0 to 11 MSEK in sales. Recieved fastest growing company CEO Young Gasell of the Year Award by Dagens Industri in 2008 and the McKinsey & Company Award 2004. M.Sc. in Industrial Engineering and Management from the Royal Institute of Technology, KTH. Officer in the Swedish Navy Reserve.

Advisors

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    Josef Wiklund
    Lawyer
    Unconfirmed
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    Patrik Spets
    Accountant
    Unconfirmed

Previous Investors

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    Mattias Söderhielm, Sweden
    Unconfirmed
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    Joao Champalimaud and Intercapital, Portugal
    Unconfirmed
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    38 minor business angels from Sweden, UK and US.
    Unconfirmed