No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home GREEN

LOOPER Project receives €1.7 million grant for eco-friendly paving innovation

Arctic Startupby Arctic Startup
October 11, 2024
Reading Time: 5 mins read
in GREEN, SCANDINAVIA&BALTICS
Share on FacebookShare on Twitter
– Advertisement –

The LOOPER project, a collaboration involving Visibuilt ApS, Munck Asfalt A/S, and the Technical University of Denmark, has been awarded a €1.7 million (DKK 13,18 million) grant from EUDP (Det Energiteknologiske Udviklings- og Demonstrationsprogram). The funding aims to further develop visiBIT, a new binder designed to replace fossil fuel-based bituminous binders in pavement construction. The project seeks to reduce energy consumption and CO2 emissions in the asphalt industry. The grant will support laboratory testing and field trials, enabling the assessment of visiBIT’s performance and potential for wider adoption in sustainable paving solutions.

The purpose of the LOOPER project is to further develop and test our groundbreaking new binder for pavement construction – called visiBIT. visiBIT has the potential to considerably reduce the asphalt industry’s dependency on bituminous binders, which are fossil fuel-based, made from crude oil distillation, and increase energy efficiency in production, ultimately reducing CO2e emissions. The LOOPER project’s solution is unique, as it has the potential to transform the asphalt industry and aims to deliver a sustainable alternative that can demonstrate similar performance to current solutions while eliminating fossil fuel dependency.

Visibuilt’s solution is specifically to create a new type of binder, visiBIT, designed to replace bitumen, to be marketed to asphalt producers, and aims to significantly reduce energy consumption during the production of both the binder and bitumen-free asphalt.

By partnering up with DTU and Munck Asfalt, the visiBIT concept will be further improved. This will first be done under controlled laboratory conditions utilizing advanced testing equipment. Later, field-scale tests will be made with the visiBIT binder by constructing several test sites and loading them with vehicular traffic; the test results will inform the future product development at Visibuilt. Munck Asfalt will test the visiBIT solution with their existing construction equipment and the results will be used to further quantify energy savings compared to working with traditional paving materials.

The results of the LOOPER project will be crucial in moving the visiBIT solution further and supporting the asphalt industry in its efforts towards a net-zero future, oil independence, and energy reduction.

This initiative would not have been possible without the support from EUDP – Det Energiteknologiske Udviklings- og Demonstrationsprogram.

CEO and founder, Line Kloster Pedersen, describes the importance of the EUDP funding as: “Our first prototype has been developed in just 5 months in 2023 on a very modest budget. With the funds from the EUDP, we can now accelerate the further development of the sustainable binder, which the asphalt industry is in strong demand for. The world needs more green solutions, and the EUDP funds will make it possible to achieve our goals with a stronger team, establishment of pilot plants, and collaboration with Munck Asfalt and DTU.”

Click to read more funding news.

– Advertisement –

Read the orginal article: https://arcticstartup.com/looper-project-raises-e1-7m/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

GREEN

Angela Rayner greenlights twice-rejected Buckinghamshire data center

July 12, 2025
FINTECH

Norwegian payments platform Two raises €13 million to scale its B2B payments solutions

July 11, 2025
DACH

Bio Investments Group (BIG) and International Vaccine Institute (IVI) Forge Partnership to Accelerate Vaccine Self-Reliance in Africa and the Middle East

July 11, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

July 11, 2025
Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Next Post

NTT DATA signs agreement to acquire Aoop and will become a leader in ServiceNow solutions in Latin America

Europe takes the lead: New ranking reveals surprising shift in the global venture capital landscape

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart