During the pandemic, 4 friends, Philipp, Tyll, Jonas and Max have an idea: making renewable oil from waste materials – using their knowledge from their bioengineering studies they patent a technology to convert CO2 into carbon neutral oil.
To combat global warming, governments around the world are increasingly encouraging companies to adopt more sustainable practices. What began with the EU’s Corporate Sustainability Reporting Directive (CSRD) could culminate in a globally enforceable price on carbon dioxide emissions of $215 per tonne by 2030. This will put existential pressure on most of today’s value chains. We are here to create new viable value chains based on carbon neutral biomaterials.
We envision a future where a high quality of life, supported by sustainable products and services, is accessible to all. This will be achieved through natural processes, without compromise or regret. Value chains based on precision fermentation will replace value chains based on crude oil and vegetable oil. Our consumption today will no longer jeopardise the quality of life of our children and future generations.
During the pandemic, 4 friends, Philipp, Tyll, Jonas and Max have an idea: making renewable oil from waste materials – using their knowledge from their bioengineering studies they patent a technology to convert CO2 into carbon neutral oil.
To finance their idea, they apply for EXIST funding and their application is approved for a record €4.1 million. The team is employed at the TU Hamburg and, thanks to the funding, starts laboratory production of renewable oil.
Driven by the strong interest in the products from companies and investors, the founding team decided to incorporate COLIPI GmbH.
With a state-of-the-art fermentation laboratory, extensive oil analysis resources and more than a decade of experience in industrial biotechnology, Colipi GmbH has earned the trust of major corporations as their preferred R&D service partner. Its track record includes the successful completion of numerous commercial projects, leading to the initiation of further collaborations.
In January, they successfully closed the Seed funding round and relocated their operations from the Technical University of Hamburg to a state-of-the-art facility in the Tempowerk area of Hamburg. This brand-new, ultra-modern laboratory and office space spans an impressive 400 square meters, providing an ideal environment for our continued growth and innovation.