Demeter is pleased to announce its investment in the start-up Bioenzymatic Fuel Cells (BeFC) and to lead this 3M€ round with its Smart-City Seed Fund
As a result of several years of academic research, BeFC is declared the inventor of the ultra-thin biofuel battery.
These fuel cells offered by BeFC are naturally part of the renewable energy sector and have a low impact on the environment, sharing Demeter’s vision for a sustainable future.
This exciting start-up shows its ambition to be a leading global player in the field of sustainable development by moving towards industrialized production of their portfolio of bioenzymatic fuel cells.
“We were immediately impressed by the range of possible applications for the enzymatic paper bio-batteries developed by BeFC”, states Olivier Bordelanne, Partner at Demeter.
For more information, please refer to the attached Press Release