22.12.2023 - Borregaard will co-invest with the European Innovation Council Fund and several other public and private investors in a direct offering of new shares in the Danish bioscience company Kaffe Bueno ApS. In total, Kaffe Bueno will raise EUR 6.2 million .
Only a fraction of the coffee bean actually goes into coffee: with the vast majority of the bean ending up as waste in the form of coffee grounds. With the opening of its coffee biorefinery, Kaffe Bueno wants to take its upcycing tech to the next level: offering a natural and attractive ingredient for everything from skincare to cosmetics.
Kaffe Bueno has marked a significant milestone in sustainable innovation with the inauguration of the world’s first coffee biorefinery in Rødovre, Denmark. This pivotal moment signifies a major step in the company’s journey towards unlocking the latent potential of coffee.
While more than two billion coffee cups are consumed each day, according to some estimates, the oil from coffee grounds, despite being rich in nutrients, is rarely utilised. Kaffe Bueno, a new startup, has opened a coffee biorefinery in Rødovre, Denmark to develop this oil into food and cosmetics.