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Biofine Developments Northeast

Brookline, US · Founded 2019 · Maine corporation

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Biofine holds a patent portfolio for a technology that converts waste lignocellulosic feedstocks into renewable chemicals, carbon-negative biofuels, and biochar. The company operates a pilot plant in Maine and is developing its first commercial biorefinery in Lincoln, Maine, for the industrial bioeconomy.

CleantechEnergyNew Materials

Founders & leadership

Biofine Developments Northeast was founded in 2019 by Dr. Stephen W. Fitzpatrick.

DS
Dr. Stephen W. FitzpatrickFounder
MC
Michael CassataNamed on SEC filing
RL
Richard L PearlstoneNamed on SEC filing
RW
Robert W CatzenNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$872.2K disclosed across 2 rounds · 2021–2022

▶$472.2KraisedNov 2022 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard L PearlstoneDirector
  • James P TownsendDirector
  • Robert W CatzenDirector
  • Stephen W FitzpatrickExecutive Officer, Director
  • Michael CassataExecutive Officer, Director
  • Michael EstesDirector
Offering amount
$2M
Amount sold
$472.2K
Minimum investment
$50K
Proceeds to insiders
$120K
First sale
Nov 2022
Incorporated
Corporation, Maine, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$400KraisedJan 2021 · 2 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen W FitzpatrickExecutive Officer, Director
  • Michael CassataExecutive Officer, Director
  • Richard L PearlstoneDirector
  • Robert W CatzenDirector
Offering amount
$1M
Amount sold
$400K
Minimum investment
$50K
Proceeds to insiders
$200K
First sale
Jan 2021
Incorporated
Corporation, Maine, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Biofine Developments Northeast do?
Biofine holds a patent portfolio for a technology that converts waste lignocellulosic feedstocks into renewable chemicals, carbon-negative biofuels, and biochar. The company operates a pilot plant in Maine and is developing its first commercial biorefinery in Lincoln, Maine, for the industrial bioeconomy.
Who founded Biofine Developments Northeast?
Biofine Developments Northeast was founded by Dr. Stephen W. Fitzpatrick in 2019.
How much funding has Biofine Developments Northeast raised?
Biofine Developments Northeast has disclosed $872.2K raised across 2 rounds.
Where is Biofine Developments Northeast headquartered?
Biofine Developments Northeast is headquartered in Brookline, US.