WtEnergy Closes €10 Million Funding Round for Its Waste-to-Renewable Gas Technology

Waste to Energy Advanced Solutions (WtEnergy) is ready to “take the next leap.” To do so, the Barcelona-based company has once again turned to venture capital, closing a €10 million funding round that will allow it to move forward with already signed projects without decapitalising, expand its workforce, grow across Europe and develop new applications for Syngas, the core element of its technology.

WtEnergy was founded in 2017 by Andrés Ponce, a world-renowned expert — as highlighted by Cemex Ventures, one of its first venture capital partners — in Advanced Thermochemical Conversion Processes (ATCP). His vision was to develop a system that could be easily installed in industrial facilities and convert their waste into renewable gas. In short, that is WtEnergy: modular plants ranging from 5 to 50 megawatts that integrate directly into industrial sites and transform organic waste, non-recyclable materials or biomass into Syngas.