Maersk and Invest-NL back startup turning crop waste into oil that could power ships and planes
17 Jun 2026
10:23
A startup from the Netherlands has secured a sizeable chunk of scale-up capital from heavyweight investors including Maersk Growth and Invest-NL.
Dutch startup Vertoro has raised €17m to scale up a kind of green fuel that could help power the ships and planes of the future.
The round, first reported by Dutch financial newspaper Het Financieele Dagblad, combines €7m in debt-to-equity conversions from existing investors with €10m in new capital.