Denmark's BioCirc raises internal funding of 40.2M
Briefly

BioCirc, a Copenhagen-based circular bioeconomic company, has successfully raised DKK 300M to fund its projects totaling DKK 1B by 2025, including a biogas facility in Skive. With significant support from shareholders and employees during the oversubscribed fundraising round, the company is poised to expand its operations. Plans include increasing the Vinkel Biogas plant's capacity and establishing a solar park for renewable energy. Additionally, BioCirc plans to build carbon capture plants, reinforcing its commitment to sustainability and the green economy.
Bertel Maigaard, founder of BioCirc, states, "It has exceeded all expectations, and it's great to feel the significant support that both the shareholders and especially the employees... have shown me and the rest of BioCirc's management."
Jens Bak Ibsen, board member, expressed, "It is with great humility that the Board has received this signal from both shareholders and employees, and at the extraordinary general meeting...
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