News International Sugar Journal

Biochemicals producer Rivertop Renewables secures $1.5million investment [Registered]

The US based Rivertop Renewables recently secured a $1.5 million investment from the venture capitalist Cultivian Ventures to support its growth as a developer of technology for the production of biochemicals. Cultivian vetted more than 650 companies before deciding to invest in Rivertop. Rivertop’s has developed technology to produce renewable chemical such as glucaric acid and other platform chemicals at commercial scale. Glucaric acid is an effective petrochemical substitute for use in the production of detergents which are phosphate-free. The market for glucaric acid is worth over $9 billion. Beyond reaching into the detergent industry, Rivertop wants it bio-based “corrosion…

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