Bio-on
Produces PHA (polyhydroxyalkanoate) biopolymers from renewable sources for sustainable materials in packaging, automotive, and additive manufacturing applications.
- CEO / Founder
- Marco Astorri
- Team Size
- 11-50
- Stage
- Active
Technology & Products
Key Products
MINERV-PHA biopolymer
Technological Advantage
Proprietary fermentation process for PHA production, offering a sustainable alternative to petroleum-based plastics.
Differentiation
Value Proposition
Offers 100% natural, biodegradable bioplastics that reduce environmental impact and enable eco-friendly production across industries.
How They Differentiate
Focuses specifically on PHA biopolymers for broad industrial use, including potential AM filaments, unlike general bioplastic competitors.
Market & Competition
Target Customers
Manufacturers in packaging, automotive, design, and biomedical sectors seeking biodegradable alternatives.
Industry Verticals
Packaging; Automotive; Biomedical; Design; Clothing
Competitors
EcoSynthetix; Suzhou Jiulong Recycling Technology; PILI
Growth & Milestones
Growth Metrics
In 2018, Bio-on reported a profit of 33.5 million euros on sales of 51 million euros. In 2019, the CEO was arrested in a false accounting and market manipulation probe, and shares were indefinitely suspended from trading.
Major Milestones
2018: Reported profit of 33.5 million euros on sales of 51 million euros; 2019: CEO arrested in false accounting and market manipulation probe; 2019: Shares indefinitely suspended from trading