Amsterdam’s Hydryx secures funds to turn landfill emissions into resources: Here’s how

Amsterdam-based Hydryx, a startup on a mission to turn emissions into resources, announced that it has received a convertible loan of €350K from the Innovatiefonds Noord-Holland.

The funding will support the company’s mission to tackle one of the most potent greenhouse gases, contributing to global efforts to combat climate change.

Resources from waste emissions

Founded in 2023 by Anthonie Jacobson and Joren Tangelder, Hydryx is developing systems to capture methane from landfills and convert it into green electricity, aiming to reduce emissions and support the energy transition.

Landfills are a major contributor to the climate crisis, accounting for around 20 per cent of global methane emissions—a potent greenhouse gas. Hydryx aims to address this by developing a system that not only captures methane but also converts it into green electricity, thereby making the electricity grid more sustainable.

Current landfill gas extraction systems in Europe suffer from inefficiencies due to manual management and a lack of real-time insight into methane fluctuations. 

Hydryx’s approach automates the process, enhancing extraction efficiency and reducing methane leaks. 

Capital utilisation

The funding will support demonstration projects at three landfills, advancing product development with improved sensors and algorithms, and facilitating customer acquisition and international expansion.

Anthonie Jacobson, co-founder of Hydryx, says, “We really see landfills as an underexposed part of the climate problem. Our mission is to reduce these emissions as quickly as possible and it is fantastic that the Innovatiefonds Noord-Holland is accelerating the approach to this problem with this funding.”

Ludolf Stavenga, fund manager of Innovatiefonds Noord-Holland, adds, “Hydryx offers a smart combination of hardware and software for a relevant problem in the market. With the financing from INH, Hydryx can show that this solution works on a larger scale.”

Brief about Innovatiefonds Noord-Holland 

The Innovatiefonds Noord-Holland, an initiative by the Province of Noord-Holland, University of Amsterdam, Vrije Universiteit, Hogeschool van Amsterdam, Amsterdam UMC, and Sanquin, supports entrepreneurs in the region with convertible loans for innovation in the Proof-of-Concept phase. 

The Fund manages two streams: one for innovative startups, supported by RVO, and another for academic startups, supported by ERDF.