Biorecro

What Biorecro does

Biorecro AB is a Stockholm-based BECCS (Bioenergy with Carbon Capture & Storage) project developer founded in 2007 that integrates carbon capture and geologic storage operations into existing industrial facilities — including ethanol plants, pulp & paper mills, combined heat and power (CHP) plants, biogas facilities, and energy-from-waste sites. The company captures high-concentration biogenic CO2 from fermentation or combustion streams, compresses it (to 325 psi at fermentation sites, to supercritical fluid for transport), and injects it via Class VI wells into deep geologic formations for permanent mineralization. Its only currently operational asset is the Richardton BECCS Facility in North Dakota, which has stored 165,000 tonnes of CO2 per year since 2022 (435,000+ tonnes cumulative through 2025), with storage scalability to over 1,000,000 tonnes annually at the same well.

Biorecro generates revenue through two primary streams: the sale of certified carbon removal credits (CO2 Removal Certificates, or CORCs) issued by Puro.earth under its Geologically Stored Carbon methodology, and BECCS project development services for industrial partners. The $26 million, long-term carbon dioxide removal collaboration announced with Gevo (NASDAQ: GEVO) in September 2025 anchors the commercial side of the Richardton facility, while a January 2023 partnership with Söderenergi targets a 500,000-tonne-per-year BECCS retrofit at the Igelsta CHP plant in Sweden (construction planned for June 2026). A April 2025 multi-party partnership with Carbon Clean and Danish utilities (Sønderborg Varme, Thisted Varmeforsyning, Carbon Connect, SEC) targets more than 100,000 tonnes annually at three energy-from-waste sites. Pricing is not publicly disclosed, but Puro.earth-cited market rates for engineered carbon removal range from $100 to $300 per tonne.

The company is privately held with 1-10 employees, has received only grant funding to date (€5M from EU Horizon 2020 in 2019, 1M SEK from Vinnova in 2021), and is positioned to benefit from the Swedish government's SEK 36 billion (~$3.3B) BECCS reverse-auction commitment covering 2026-2046. Leadership is founder-led by CEO Henrik Karlsson, who has been working on BECCS since the company's inception.

Name

Biorecro

Legal name

Biorecro AB

Website

https://biorecro.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Biorecro is a Stockholm-based BECCS project developer, founded in 2007, that integrates carbon capture and geologic storage into industrial facilities (ethanol, CHP, pulp & paper, energy-from-waste) and sells certified permanent carbon removal credits to corporate climate buyers, anchored by the operational Richardton facility in North Dakota.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Carbon Removal Credit Sales: Biorecro commercializes carbon removal credits (CDR credits) from operational BECCS facilities. Credits are certified to the highest quality standard by Puro.earth and sold to corporate buyers seeking permanent carbon removal. The $26M collaboration with Gevo represents a multi-year carbon dioxide removal agreement for credits from the Richardton facility.
2. BECCS Project Development Services: Biorecro develops and scales BECCS projects globally for industrial partners. This includes project identification, feasibility studies, development planning, technical integration, and commercialization support. The company has been working on BECCS projects since 2007.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Biorecro is a climate technology company that develops Bioenergy with Carbon Capture & Storage (BECCS) projects at industrial bioenergy facilities such as ethanol plants, pulp and paper mills, and combined heat and power plants. The company integrates carbon capture technology into operating bioenergy sites to permanently store CO2 underground and generates verified carbon removal credits from these projects.

Product overview

Biorecro is a global BECCS (Bioenergy with Carbon Capture & Storage) project developer that integrates carbon capture and storage operations into existing industrial facilities. The company's core offering is its BECCS technology platform, which captures and permanently stores biogenic CO2 emissions from facilities such as pulp & paper mills, combined heat & power (CHP) plants, ethanol plants, and biogas facilities. Biorecro's product portfolio includes operational carbon removal credit generation through its Richardton BECCS Facility in North Dakota (165,000 tonnes CO2/year since 2022, certified by Puro.earth), as well as development-stage projects in Denmark deploying Carbon Clean's CycloneCC technology expected to capture 100,000+ tonnes CO2 annually.

Differentiator

Problem solved

Functional benefit

Products and services

• BECCS Project Development End-to-end development of Bioenergy with Carbon Capture & Storage projects, integrating CO2 capture technology with existing industrial bioenergy operations (ethanol, pulp and paper, CHP plants) for permanent geological storage of CO2.
• Verified Carbon Removal Credits Verified carbon removal credits generated from BECCS operations at industrial facilities, sold to enterprises for voluntary carbon offsetting and net-zero commitments.
• Richardton BECCS Facility BECCS project integrated with an industrial bioenergy operation in Richardton, producing verified carbon removal credits through CO2 capture and geological storage.
• Denmark BECCS Projects Development-stage BECCS projects located in Denmark, leveraging the country's bioenergy infrastructure for carbon capture and storage.

Quantifiable outcome

• 165,000 tonnes CO2 permanently removed per year from Richardton facility
• +4 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Gevo, Inc. (NASDAQ: GEVO)coreStrategic or Co-development Partner · 19 September 2025$26 million long-term carbon dioxide removal collaboration. Biorecro serves as commercial credit partner for Richardton BECCS facility in North Dakota, which has stored 165,000 tonnes of CO2 per year since 2022. Gevo acquired the facility from Red Trail Energy in January 2025 to develop sustainable aviation fuel from ethanol.
• Carbon CleancoreStrategic or Co-development Partner · 7 April 2025Partnership to deploy Carbon Clean's CycloneCC capture technology at three energy-from-waste sites in Denmark, expected to capture over 100,000 tonnes of CO2 annually. Partnership includes Sønderborg Varme, Thisted Varmeforsyning, Carbon Connect, and SEC.
• SöderenergicoreStrategic or Co-development Partner · 13 January 2023BECCS development partnership for Igelsta combined heat and power plant in Södertälje, Sweden. Igelsta provides district heating for 300,000 residents. BECCS construction planned for June 2026 with 500,000 tonnes/year carbon sequestration potential. The Port of Södertälje joins phase 2 to investigate port land for BECCS facility.
• Puro.earthcoreStrategic or Co-development PartnerCarbon credit certification and standards partnership. Puro.earth issues CO2 Removal Certificates (CORCs) for Biorecro's BECCS projects. Biorecro credits are certified to highest quality standard using Geologically Stored Carbon methodology. Puro.earth is the first infrastructure to issue credits to engineered carbon removal methods (founded 2019).
• Wood MackenzieminorGTM or Marketing PartnerAdam Grachek spoke on Wood Mackenzie's fireside chat at annual CCUS Conference in Houston (October 2025) about BECCS risk management, early-stage development, and CDR commercialization. Wood Mackenzie is a leading global research and consultancy for energy sectors.
• EurogasminorGTM or Marketing PartnerProject Manager Adam Grachek represented Biorecro at Eurogas 3rd Annual Tech Conference in Brussels (November 2024) on panel about bioenergy and hydrogen for CCS. Eurogas represents the European gas industry and promotes decarbonization technologies.
• Negative Emissions Platform (NEP)minorGTM or Marketing PartnerNEP is a trade association for the carbon dioxide removal sector, advocating for CDR technologies in EU climate policy. NEP's General Secretary Chris Sherwood and Policy Officer Elisabeth Harding were interviewed by Biorecro about CDR legislation and BECCS support.
• US Department of Energy (DOE)minorOthersDOE announced $27 million funding initiative for carbon dioxide transportation from industrial facilities (September 2023). Part of Biden-Harris Investing in America strategy for decarbonization goals and Paris Agreement commitments.
• Vinnova (Swedish Innovation Agency)minorOthersVinnova funded Biorecro-led project with 1 million SEK to develop methodology for producers to prove negative emissions achievement. Testing at planned BECCS facility at Söderenergi's Igelsta plant. Partners include RISE Research Institute of Sweden and Söderenergi.
• CONVERGE (EU-funded project)minorStrategic or Co-development PartnerEU Horizon 2020 funded project where Biorecro leads the negative emissions task exploring BECCS valorization from green biodiesel production. Partners research supply chain, life cycle, and business case. Project budget of €5 million total.
• RISE Research Institute of SwedenminorStrategic or Co-development PartnerResearch partner with Biorecro and Söderenergi on Vinnova-funded project to develop methodology for proving negative emissions from BECCS.
• Midwest Regional Carbon Initiative (MRCI)minorStrategic or Co-development PartnerBiorecro participated in MRCI partners meeting (February 2021) discussing carbon capture and storage progress and strategy for the Midwest US region. New carbon capture projects and injection sites under construction in the region.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• CarbonOrO: Netherlands-based BECCS technology developer focused on small-to-medium scale bioenergy carbon capture projects. Comparable as a BECCS specialist targeting industrial emitters in Europe with a similar project-development model.
• Climeworks: Swiss DAC technology leader and project developer, the most established non-BECCS engineered CDR operator with Orca and Mammoth plants. Competes for the same pool of voluntary corporate CDR credit buyers but via a different technical pathway.
• Carbfix: Icelandic carbon mineralization company that dissolves CO2 in water for permanent storage in basalt formations. Comparable as a CDR project developer offering permanent geologic storage and competing for the same durability-focused buyer pool.
• Heirloom Carbon: US-based DAC company using limestone-based looping capture technology and has secured offtake with Microsoft and other corporate buyers. Competes with Biorecro in the premium-quality CDR credit market with a different capture modality.
• 44.01: Oman-based mineralization CDR company accelerating natural rock weathering of CO2 into stable minerals. Competes with Biorecro for permanent CDR credit demand, targeting the same buyer segment with an alternative geological storage pathway.
• CarbonCapture Inc. US-based DAC company developing large-scale direct air capture projects with multi-gigaton ambitions. Comparable as a high-quality engineered CDR developer competing for premium corporate buyers and government funding.

Direct peers

• Charm Industrial: US-based engineered carbon removal company that converts biomass to bio-oil for permanent geologic storage — a closely related biogenic CDR pathway. Competes with Biorecro for high-quality, permanent CDR credit buyers in the voluntary market.
• Aker Carbon Capture: Norwegian carbon capture technology and project development company delivering amine-based capture systems and full-chain CCS projects including bio-CCS applications. Comparable as a BECCS-adjacent project developer and capture technology supplier targeting European industrial emitters.
• Carbon Clean: UK-based carbon capture technology provider whose CycloneCC technology Biorecro is deploying in Denmark. Operates in the same BECCS value chain as both a technology partner and a potential competing project developer in adjacent geographies.
• Stockholm Exergi: Swedish energy company developing the Värtaverket BECCS project in Stockholm, targeting large-scale bioenergy with carbon capture and storage. Direct competitor to Biorecro in Swedish BECCS project development and credit origination, with overlapping geographic and policy exposure (Swedish reverse auction).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/biorecro
• Xx.com/biorecro

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Biorecro