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GreenTech Press Release

Successful Carbios transaction beyond the initial target: € 37M, including € 10M Truffle sales

Concomitant sales by Truffle Capital and the Holding Incubator Series 1 for € 10M

€ 27M capital increase (+35% from the initially planned size)
Subscription by strategic shareholders L'Oréal and Michelin Ventures for € 3.9M
Concomitant sales by Truffle Capital and the Holding Incubator Series 1 for € 10M
Carbios, founded and supported by Truffle since 2011, is a great example of Truffle's Business Model. Carbios is on its way to become the world leader in plastics biorecycling