MetGen Oy Wins Global Cleantech Cluster Association 2014 Later Stage Award

Investments in companies - 5.12.2014

For cleantech success in BioFuel / BioEnergy category MetGen Oy honored at Cleantech Investing Seminar in Lausanne, Switzerland

 

MetGen Oy is proud to announce that it has won the Best in BioFuel / BioEnergy category for the Global Cleantech Cluster Association (GCCA) 2014 Later Stage Award.

“We are very excited to be recognized as one of innovative leaders in the field of BioFuel and BioEnergy. Our enzymatic solution paves the road to low cost sugars and other building blocks from the variety of lignocellulosic materials” said Alex Michine, CEO and Founder of MetGen.

The GCCA’s Global Top 10 Winners represent the best of the association’s 52 member clusters and over 10,000 member companies. The GCCA Global Top 10 Winners were selected by 22 cleantech venture capital and private equity investors and serial entrepreneurs, who collectively manage over $3.5 billion in global clean technology investment.

This year’s awards were organized by swisscleantech, and presented on December 3rd, 2014 in Lausanne, Switzerland, that the the 5th annual CleanTech Investing Seminar.

The 2014 Global Top 10 award reflects MetGen’s cleantech success and market position as a biotech company in the $163.1 billion global cleantech industry. It also indicates MetGen’s unique innovations are making a positive contribution to the green economy. 

“Cleantech is thriving throughout the world and proving to now be a major driver of economic growth,” said Christian Haeuselmann, Co-Founder and Chairman of the GCCA and Cluster Manager for swisscleantech who hosted this year's awards. “The 2014 winners are proving that companies innovating in the new green economy are both investable and thriving. It is an honor to highlight them as true examples of success in our growing industry.” 

MetGen Oy was nominated for the GCCA Later Stage Award by the Finnish Cleantech Cluster in the Spring 2014 for cost-efficient technology to develop industrial enzymes. The Global Top 10 were selected out of the 10,000 companies represented by the GCCA’s nearly 52 member clusters. In total, over 100 companies were nominated by clusters as leading in their regions. That number was later narrowed to the Global Top 30 Semi-Finalists using the Keystone Method™, a business and venture development tool developed by GCCA Head Judge Dr. Peter Adriaens CEO of the Keystone Compact Group. 

 

For more information, please contact:

Alex Michine, CEO, MetGen Oy
Tel. +358 405433740, alex(at)metgen.com
 

MetGen (www.metgen.com) is Finnish SME that has invented a disruptive, cost-efficient technology to develop and tailor-made industrial enzymes to harsh conditions and a variety of lignocellulosic substrates, based on the individual needs of each customer. MetGen’s technology platform makes it possible to increase yields with reduced costs, reduce energy consumption, and minimize the final product's environmental footprint. It can thus contribute to the development of low-cost sugars from cellulosic feedstock and reduce our dependence on fossil fuels. 

Global Cleantech is a non-profit association, headquartered in Atlanta, Georgia, U.S. that creates conduits for companies to harness the tremendous benefits of international cleantech cluster collaboration in an efficient, affordable, and structured way. Global Cleantech provides a gateway for established and emerging cleantech companies to gain exposure to potential investors, new markets, influential networks, innovative technologies and best practices. GCCA was founded by the Finnish Cleantech Cluster, swisscleantech, Technica Communications and Watershed Capital Group. For more information about Global Cleantech, please visit www.globalcleantech.org.