# Vertoro

a chemical startup spun out of the Brightlands Chemelot Campus/DSM/Chemelot InSciTe/Maastricht University/TU Eindhoven public-private partnership, founded by CEO Michael Boot and CTO Panos Kouris;…

Source: https://en.bioecon.ru/companies/vertoro/
Updated: 2026-08-15

- Country: Netherlands

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Funding | Series B, €17 million (first closing announced June 17, 2026) | https://vertoro.com/vertoro-advances-renewable-oil-platform-to-accelerate-low-carbon-fuels/, https://www.tamradar.com/funding-rounds/vertoro-series-b-17m, https://www.tue.nl/en/news-and-events/news-overview/25-06-2026-cec-spin-out-vertoro-receives-multi-million-boost |
| Capacity | 1 ktpa demonstration plant, targeting 5 ktpa commercial plant by early 2027 | https://startupintros.com/orgs/vertoro, https://www.tamradar.com/funding-rounds/vertoro-series-b-17m |
| Production site | Brightlands Chemelot Campus in Geleen, Netherlands | https://vertoro.com/vertoro-advances-renewable-oil-platform-to-accelerate-low-carbon-fuels/, https://www.tue.nl/en/news-and-events/news-overview/25-06-2026-cec-spin-out-vertoro-receives-multi-million-boost, https://www.tue.nl/en/news-and-events/news-overview/vertoro-will-further-develop-oil-production-from-lignin |
| Headcount | 11–20 employees | https://prospeo.io/c/vertoro, https://www.caplight.com/company/vertoro, https://www.datanyze.com/companies/vertoro/195707018 |
| Founded | 2017 | https://ignite-group.com/customer-story/vertoro-the-uninterrupted-successful-series-of-grants-for-vertoro/, https://startupintros.com/orgs/vertoro, https://vertoro.com/about/ |
| Revenue | Estimates vary; $1.37M to $4.1M reported by different sources [medium confidence] | https://prospeo.io/c/vertoro, https://www.datanyze.com/companies/vertoro/195707018, https://www.northdata.com/Vertoro%20B%C2%B7V%C2%B7,%20Geleen/KVK%2068862725 |

Independent sources: caplight.com, datanyze.com, ignite-group.com, northdata.com, prospeo.io, startupintros.com, tamradar.com, tue.nl

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