# BioBlend Renewable Resources

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bioblend-renewable-resources

- Industry: Chemicals
- Headquarters: Joliet, US
- Website: www.bioblend.com
- Total disclosed funding: $1M
- Latest round: Seed (Apr 1, 2007)
- Investors on record: 1

## About

BioBlend Renewable Resources manufactures biodegradable lubricants and greases tailored for diverse industries, focusing on environmentally friendly solutions that meet stringent safety standards.Founded in 2001 in Joliet, US, BioBlend Renewable Resources specializes in producing sustainable lubricants. The company raised USD 10 mn in funding in May 2008, with investments from Archer Daniels Midland and Quest Technology Ventures. CEO Jeff Hart leads the organization, which has successfully completed 2 deals.BioBlend specializes in the manufacturing of biodegradable lubricants and greases designed to meet the environmental and safety needs of various industries. Their core product offerings include an extensive range of lubricants such as hydraulic circulating oil, food-grade lubricants, gear oil, rock drill oil, and specialty products tailored for demanding applications. These products are engineered to comply with rigorous industry specifications and are certified as USDA BioPreferred and classified as Environmentally Acceptable Lubricants (EALs) under the EPA’s 2013 U.S. Vessel General Permit (VGP). BioBlend primarily serves sectors including agriculture, construction, marine, mining, oil and gas, food handling, and government, providing solutions that help customers transition to more sustainable practices. The company markets its products throughout the United States and has expanded its reach to various international markets, aligning with global sustainability trends.BioBlend operates a revenue model that includes direct sales and distribution through a versatile network of partners. The company engages with a diverse client base, including industrial equipment manufacturers, governmental agencies, and agricultural enterprises, facilitating transactions that often involve bulk orders and long-term supply agreements. The pricing structure of BioBlend's products is designed to be competitive with conventional petroleum-based products while offering comparable performance. Key offerings such as their line of USDA-certified lubricants are sold through both business-to-business (B2B) channels and direct-to-consumer avenues, ensuring accessibility for a wide range of end users. The company emphasizes customer support and solutions-oriented service, which enhances their transactional relationships across various industries.As of May 2008, BioBlend Renewable Resources is focused on developing new biodegradable products to expand its product line further. The company aims to enter additional international markets, targeting regions that align with global sustainability initiatives. The recent funding of USD 10 mn will support these initiatives, enhancing production capabilities and facilitating market entry.

## Funding rounds

- Seed, Apr 1, 2007, $1M — Quest Technology Ventures

## Investors

- Quest Technology Ventures (https://capitalatlas.ai/funds/quest-technology-ventures) — Seed