Hexas Biomass
- Company typePrivate
- Founded2018
- HeadquartersOlympia, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
Hexas Biomass firmographics
Firmographics- Name
- Hexas Biomass
- Legal name
- Hexas Biomass Inc.
- Website
- https://hexas.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Hexas Biomass industry classification
Industry- Product category
- Biomass Feedstocks
- SIC
- Agricultural Production-Crops (100), Agricultural Services (700)
- akta.pro primary industry
- Dedicated Energy Crops Cultivation & Harvesting (Switchgrass, Miscanthus, SRC Willow/Poplar) (EUAAAFAC)
- akta.pro secondary industries
- Bioenergy & Industrial Biomass Crop Farming (Energy Cane, Miscanthus, Switchgrass) (AFAGAGAI), Cellulosic Biofuels & Renewable Fuels (2G ethanol, SAF intermediates) (IMAMALAA)
Keywords
Where Hexas Biomass is headquartered
LocationHeadquarters
- HQ city
- Olympia
- HQ country
- United States
- HQ region
- North America
Markets served
Hexas Biomass business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- XanoFiber Raw Material Sales: Hexas sells XanoFiber as a raw material replacement for wood, food crop, and fossil fuel-based feedstocks. They grow dedicated XanoGrass supply for each customer, optimizing XanoFiber based on specific applications. Revenue is generated through direct sales of plant-based raw materials in various formats (chips, dust, shavings, powder, cane) to industrial customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom fiber solutions for enterprise and industrial customers |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Hexas Biomass product offering
Product offeringCore offering
Hexas Biomass produces XanoFiber™, a regenerative plant-based fiber derived from proprietary perennial grass varieties (XanoGrass™), sold as a drop-in replacement for wood, food crop-based, and fossil fuel-based raw materials in energy, biochemicals, composites, packaging, and textile applications. Production is managed end-to-end through a patent-pending Farm-to-Fiber™ platform spanning tissue cloning, contracted farming, harvesting, and processing, with local growing operations within 100 km of customer facilities.
Product overview
Hexas Biomass is a biomaterials company offering a portfolio of regenerative plant-based raw materials centered on its proprietary XanoFiber™ technology and Farm-to-Fiber™ platform. XanoGrass™ serves as the feedstock - a proprietary high-yield perennial grass that is tissue cloned to assure uniformity, grown in marginal land, harvested using proprietary technology, and processed into various XanoFiber™ formats. The Farm-to-Fiber™ platform manages the entire supply chain from variety development through final product formatting. XanoFiber™ is sold as a drop-in solution in multiple formats (dust, chips, powder, shavings, cane, and various particle size/moisture content configurations) for applications in energy production, biochemicals, packaging, textiles, composites, and other industrial uses.
Differentiator
Problem solved
Functional benefit
Brands
- XanoGrass™: Proprietary varieties of giant perennial grass that yields 25-35 dry tons of biomass per acre, is perennial, fast growing, highly pest-resistant, tolerates drought, and has low ecological demand.
- XanoFiber™
- Farm-to-Fiber™
Products and services
- XanoFiber™ XanoFiber™ is Hexas Biomass's main regenerative plant-based fiber product, sold as a drop-in substitute or supplement for wood, food crop-based, and fossil fuel-based feedstocks across applications including energy production, biochemicals, composites (MDF, HDF, OSB, particleboard, softboard, plywood), packaging, textiles, and bioremediation. It is offered in formats such as dust, 3mm 50% MC, 2mm 10% MC, shavings, chips, 10mm 45% MC, powder, 4mm 10% MC, 3-4cm 50% MC chips, and 2-5cm 7% MC chips, and is targeted at industrial and enterprise buyers.
- XanoGrass™ XanoGrass™ is Hexas Biomass's proprietary high-yield perennial grass feedstock, tissue-cloned for uniformity, yielding 25-35 dry tons of biomass per acre year-over-year, with a 15-20 year production lifecycle from a single rhizome planting. It is perennial, fast-growing, highly pest-resistant, drought-tolerant, and grows in varied climates and soil types including marginal and contaminated land.
Quantifiable outcome
- 20-35 dry tons of biomass per acre year-over-year yield from XanoGrass
- +6 more outcomes
Companies that use Hexas Biomass
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Hexas Biomass technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Hexas Biomass partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and major.
- Comstock FuelscoreComstock Fuels executed an agreement with Hexas Biomass for the supply of XanoFiber feedstock for biofuel production. This partnership enables Comstock to access Hexas' high-yield biomass for renewable fuel development.
- Haffner EnergycoreHaffner Energy and Hexas built an integrated offer for the production of renewable energy from biomass. Both companies were selected for Shell GameChanger Cohort 6 to work on carbon-negative materials and biological energy products.
- PT Kilang Timur Continental (Continental Energy)coreHexas signed JV Agreement with Continental Energy's wholly owned Indonesian subsidiary, PT Kilang Kalimid Continental, for strategic alliance in biomass production in Indonesia.
- Shell Game Changer AcceleratormajorHexas selected for Shell GameChanger Cohort 6 focused on carbon-negative materials and biological energy products. Shell's accelerator program supports development and deployment of Hexas' high-yield crops with Bioleum's refining solutions.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Hexas Biomass competitors and assessment
Company assessmentDirect peers
- Bloom Biorenewables: Bloom produces plant-based, bio-based polymers and materials as drop-in alternatives to fossil-fuel chemistry. Comparable to Hexas's positioning of plant-based XanoFiber as a sustainable substitute for wood and fossil-derived industrial feedstocks.
- Genera Energy: Genera manages the dedicated energy crop supply chain, from variety selection through to bale delivery, mirroring Hexas's contract farming and harvest logistics for biomass crops. Directly comparable in feedstock aggregation and grower contracting model.
- Renmatix: Renmatix converts non-food biomass into cellulosic sugars and intermediates for fuels, chemicals, and materials, comparable to Hexas's downstream XanoFiber value proposition in cellulosic bioproducts. Both serve the same end-customers seeking drop-in plant-based feedstocks.
- Iogen Energy: Iogen produces cellulosic ethanol and enzymes from agricultural residues for biofuel and biochemical markets. Overlaps with Hexas in providing biomass-derived, EPA-eligible feedstock streams into renewable fuels and biochemicals.
- Aloterra Energy: Aloterra pioneered large-scale miscanthus and switchgrass dedicated energy crop farming in the U.S., with similar value proposition as Hexas: purpose-grown perennial biomass for bioenergy and industrial fiber applications. Direct overlap in cultivation model and target end-uses.
Broad incumbents
- POET-DSM Advanced Biofuels: POET-DSM operates Project LIBERTY, one of the largest commercial-scale cellulosic ethanol facilities using biomass feedstock. Broad incumbent in the same end-market (cellulosic biofuel) that Hexas's XanoGrass is positioned to supply.
- Domtar: Domtar is a major pulp, paper and biomaterials producer with growing sustainable fiber alternatives to wood-based inputs. Directly comparable to Hexas's bio-based fiberboard and pulp/paper end-uses, though operating at vastly larger scale.
- UPM Biofuels: UPM produces renewable diesel and naphtha from sustainable biomass feedstock and operates commercial-scale biorefinery infrastructure. Comparable to Hexas as a downstream buyer of cellulosic biomass into renewable transportation fuels.
- Comstock Fuels: Comstock is a named Hexas offtake partner for XanoFiber feedstock into cellulosic biofuel production. Operates in the same end-market (renewable fuels) at a broader portfolio scale, providing Hexas with a downstream commercialization channel.
Emerging players
- Anellotech: Anellotech converts non-food biomass into renewable BTX aromatics for plastics and fuels, similar to the bio-chemicals use case in Hexas's customer segmentation. Comparable in upstream biomass sourcing dynamics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Hexas Biomass compliance and trust
Trust signalCompliance1 record
Hexas Biomass financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hexas Biomass leadership team
Management profileNumber of profiles
Profiles1 record
Hexas Biomass funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hexas Biomass M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hexas Biomass
What does Hexas Biomass do?
Hexas Biomass produces XanoFiber™, a regenerative plant-based fiber derived from proprietary perennial grass varieties (XanoGrass™), sold as a drop-in replacement for wood, food crop-based, and fossil fuel-based raw materials in energy, biochemicals, composites, packaging, and textile applications. Production is managed end-to-end through a patent-pending Farm-to-Fiber™ platform spanning tissue cloning, contracted farming, harvesting, and processing, with local growing operations within 100 km of customer facilities.
Is Hexas Biomass a public or private company?
Hexas Biomass is a private company. It is classified as corporate owned and is currently acquired.
When was Hexas Biomass founded?
Hexas Biomass was founded in 2018. It employs 1 to 10 people.
Where is Hexas Biomass based?
Hexas Biomass is headquartered in Olympia, United States, in the North America region.
How does Hexas Biomass make money?
One revenue line is on record: xanoFiber Raw Material Sales.
Who are Hexas Biomass's main competitors?
Direct peers on record are Bloom Biorenewables, Genera Energy, Renmatix, Iogen Energy and Aloterra Energy. Broad incumbents are POET-DSM Advanced Biofuels, Domtar, UPM Biofuels and Comstock Fuels. Anellotech is listed as an emerging player.
Does Hexas Biomass have an API?
No public API is recorded for Hexas Biomass.
What industry is Hexas Biomass in?
Hexas Biomass's product category is Biomass Feedstocks. Its primary akta.pro industry code is EUAAAFAC, Dedicated Energy Crops Cultivation & Harvesting (Switchgrass, Miscanthus, SRC Willow/Poplar), with a secondary code of AFAGAGAI, Bioenergy & Industrial Biomass Crop Farming (Energy Cane, Miscanthus, Switchgrass). Its SIC code is 100.