HGG Ar-Ge Sürdürülebilir Enerji San ve Tic A.Ş. Kayseri / TÜRKİYE
Co-Founders and Management:
CEO: Dr. Gökhan TÜRKER
CTO: Dr. Hülya HERDEM
CFO: Dr. Gonca ERTUĞRUL
Category: Renewable Energy
Year Founded: 2024
Founding State: Seed
Amount and Type of Financing Sought:
$20.000 TÜBİTAK BIGG.
Use of Funds: TÜBİTAK 1001 and 1005 in the next 18 months
Traction/Product/Market Fit:
We are introducing our innovative biogas-to-biomethane production system, designed
for sugar, alcohol and yeast factories as our initial customer segment. This segment operates year-round, ensuring
continuous production and a payback period of 2-6 years, making it financially attractive.
Business Description / Impact:
We develop a novel method for biomethane production where biogas purification and upgrade occur in one integrated system.
Our solution reduces investment and operational costs while offering an environmentally friendly alternative. Our target market includes sugar factories, alcohol producers, and industries using natural gas. With our innovative technology, we provide 30% lower costs and higher efficiency compared to competitors.
We reach our target audience through industry conferences and direct meetings. By reducing carbon emissions with a sustainable biofuel production, we contribute to environmental sustainability and create social value.
Business Model:
In the first phase, we position ourselves as a provider of biogas-to-biomethane technology, connecting waste management with sustainable energy production. The system will be manufactured with local suppliers and distributed directly to sugar and alcohol factories. To scale, we will collaborate with system integrators and energy consultancies. Revenues will be generated through system sales and long-term service agreements. In
the second phase, we will provide carbon negative biofuel for industrial applications. Our and partner’s facilities will produce biomethane which will be sold to industry as it is or in CNG form. In this phase, we will be working with distributors and users closely.
Customers/LOI:
We have initiated discussions with sugar, alcohol and yeast factories as potential customers.
A pilot plant is being set up at a sugar factory to demonstrate our technology and quality of our biofuel.
Management:
Hülya Herdem: A chemical engineer (MSc) and PhD candidate specializing in biogas purification.
Gonca Ertuğrul and Dr Gökhan Türker: Sectoral experts in biogas, biomethane, and sustainability with consultancy
experience in carbon-neutral strategies. Skills we are missing include marketing and sales expertise, especially for international market expansion, and mechanical design engineering to optimize production processes. We plan to fill these gaps by hiring a marketing specialist and a mechanical design engineer.
Technologies/Special Know-how: Our product is protected by pending patents for its unique design combining physical and biological purification methods. The technology has been validated through in-house lab tests showing
high efficiency and methane recovery rates. Additionally, a pilot-scale application is currently operational at a sugar factory, and early customer feedback has been positive, reinforcing its market readiness.
Markets: Our first targeted market is the sugar industry in Turkey, consisting of 33 factories, with a market size of approximately $300 million annually. Our second targeted segment is the alcohol and yeast industries, which operate
year-round and have a faster payback period for our solution. This segment is valued at $150 million annual. The third
segment is landfill sites and industrial natural gas users. This market, valued at $500 million, is expected to grow
rapidly as stricter carbon regulations emerge.
Competition: Our direct competition includes established biogas upgrading companies offering similar solutions using membrane filtration and water scrubbing technologies. The competitive dynamics in the biogas purification
segment are driven by the cost and efficiency of the technology. Our solution offers a unique advantage due to its
lower CAPEX and OPEX (30% savings).
Funds Raised: ($Amt, source) from VC investors, angel investors, investment banks, personal funds, grants et al.
Financial Projections
