Company: Biosorbe AB

Transaction: Private placement

Issue volume: 9.0 MSEK

Date: August 2020

Biosorbe is a biofiber tech company that develops methods and products based on modified natural fibers that mimic and enhance the functionality of known fossil oil-based products and materials. The first patent applied method and product, GreenAll, has a unique hydrophobic characteristic and active absorption of non-polar compounds for many applications such as absorption/filtration of air or fluids. GreenAll can be applied to all kind of natural fibers such as wood, cellulose, or cotton.

GreenAll is a more environmentally friendly way compared to traditional methods used to clean the environment from spill and contamination.

Augment acted as financial advisor to the company in a private placement.