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Perpetual Next converts organic residuals into renewable products and trades bio-based materials.
Founded in 2019 and based in the Netherlands, Perpetual Next is a climate technology company founded by Martijn van Rheenen. Its businesses include high-temperature torrefaction to produce renewable carbon, technologies that convert organic residual flows into renewable products, and trading bio-based raw materials. In December 2021, it raised EUR 320 million in Series A funding from Momentum Capital. CEO Niels Wage led the company as of 2021; it planned to use the funding to develop its technology.
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