Låkril Raises $3.1 Million to Take Its Corn-Based Chemicals to Next Phase

By Jonathan Eisenthal

With the help of bio-economy companies with venture capital divisions, Låkril Technologies has raised $3.1 million, which will enable the Chicago-based company to take its process to “kilogram scale,” a key stage in the commercialization of its material, bioacrylic acid—an acrylic acid derived from corn.

BioAA will drop into existing use cases within the coatings, adsorbents, and superabsorbent polymers industries, enabling a transition to sustainable, bio-based products without added cost. The pioneering research that led to the discovery of Låkril’s BioAA process began at the University of Minnesota’s Center for Sustainable Polymers. This research center has received significant support from Minnesota Corn. The Center for Sustainable Polymers is part of the effort by new generation companies to replace fossil-derived materials with farm-produced renewable products.