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Vertoro

Maastricht, NL · Founded 2017 · 17 employees on LinkedIn · 5 known investors

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Vertoro is a bio-based chemicals company that converts woody and agricultural residues into green alternatives to fossil crude oil for use as platform products in materials, chemicals, and fuels. The company operates a scalable production platform validated at Technology Readiness Level 6 and serves industrial customers across oil, shipping, and chemical sectors seeking sustainable substitutes.

BiotechCircular EconomyCleantechEnergyNew Materials

Founders & leadership

Vertoro was founded in 2017 by Michael Boot and Panos Kouris.

MBMichael Boot
Michael BootCEOMichael Boot holds a PhD and MSc in Combustion Technology from Eindhoven University of Technology and an Executive MBA from TIAS School for Business and Society; he has 20 years of experience in combustion technology and biomass valorization, and serves as CEO of Vertoro, a company spun out of TU/e and DSM that converts woody and agricultural residues into bio-based chemical alternatives.
PKPanos Kouris
Panos KourisCTOPanos Kouris holds a BSc and MSc in Chemical Engineering from the University of Patras, where he studied polyphenol recovery and methane production from olive oil mill wastewater, and a second MSc in Chemical & Process Technology from Eindhoven University of Technology focused on biomass component recovery using Deep Eutectic Solvents. He completed a PhD in Chemical Engineering at Eindhoven University of Technology on liquid biofuel development from lignin and designed a pilot plant for lignocellulosic biomass conversion; he is now CTO of Vertoro, which he co-founded, overseeing technology and intellectual property.
DDDirk den Ouden
Dirk den OudenChief Executive Officer

Investors · 5

Invest-NLlisted by Invest-NLAmsterdam

How we know: Invest-NL's portfolio page · press coverage · funding news · Not right? Tell us

Maersk Growthlisted by Maersk Growth$1M – $50Mvia Shereen Zarkani · inferred

How we know: Maersk Growth's portfolio page · the VCSheet dataset · Not right? Tell us

SHIFT Investlisted by SHIFT InvestAmstelveen · $270K – $3.3M

How we know: SHIFT Invest's portfolio page · the VCSheet dataset · Not right? Tell us

Cottonwood Technology FundreportedDenver · $1M – $25M

How we know: a partner's Signal profile · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Vertoro do?
Vertoro is a bio-based chemicals company that converts woody and agricultural residues into green alternatives to fossil crude oil for use as platform products in materials, chemicals, and fuels. The company operates a scalable production platform validated at Technology Readiness Level 6 and serves industrial customers across oil, shipping, and chemical sectors seeking sustainable substitutes.
Who founded Vertoro?
Vertoro was founded by Michael Boot, Panos Kouris in 2017.
Who are Vertoro's investors?
Vertoro's investors include Climate Tech Partners, Invest-NL, Maersk Growth, SHIFT Invest, Cottonwood Technology Fund.
Where is Vertoro headquartered?
Vertoro is headquartered in Maastricht, NL.