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Holiferm

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Cost-competitive, sustainable biosurfactants for industrial and consumer products

Manchester, United KingdomFounded 2018Chemicals
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Holiferm

Holiferm is a chemical technology company spun-out from the University of Manchester in 2018 by co-founders Dr. Ben Dolman and Dr. James Winterburn. The company was established to commercialize a novel, cost-effective method for manufacturing biosurfactants, which are eco-friendly alternatives to the petrochemical-based surfactants used in a vast range of consumer and industrial products. The foundation of the company stems from PhD research conducted by Dolman under Winterburn's supervision, where they developed a patented semi-continuous fermentation and gravity separation process. This technology significantly lowers production costs by over 50%, making sustainable biosurfactants price-competitive with their fossil-fuel-based counterparts for the first time.

Holiferm's business model centers on producing and supplying these green chemicals to manufacturers of home care, personal care, and industrial products. Clients include consumer goods companies and chemical distributors like Sasol, Biesterfeld, Mix Clean Green, An'Du, and Hitas. The company operates a commercial manufacturing plant in Wallasey with an initial capacity of 1.1 KTA, which is undergoing expansion, and a dedicated R&D facility in Manchester. Revenue is generated through the sale of its biosurfactant products. The company's primary products are sophorolipids, marketed as HoneySurf, which are produced using renewable feedstocks like vegetable oils and sugars through yeast fermentation. Holiferm is also expanding its portfolio to include other biosurfactants such as rhamnolipids and mannosylerythritol lipids (MELs) in collaboration with partners like BASF.

The company's journey began with initial grants and network support from UK research councils. A significant milestone was securing its first equity funding from ICOS Capital in 2019. Holiferm has since raised a total of $25.7M over four funding rounds, including a major Series B round of $23.1M in December 2023, led by Rhapsody Venture Partners and Clean Growth Fund. This funding is aimed at scaling up production capacity at its Wallasey plant to 15 KTA and accelerating R&D for new products. Ben Dolman, originally the CEO, transitioned to a board role, with Charles Dimmler appointed as CEO in May 2025 to drive international growth. Richard Lock, an experienced professional from the chemical industry, joined as Managing Director and is now the COO.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Manchester, United Kingdom
Employees
69
Open positions
6
Dealroom signal
82.5/100
Sector
Chemicals, Biotechnology, Biomaterials, Chemistry, Spinout, Sustainable Development Goals, Fermentation, Climate Tech, Bioeconomy, DT and LS, UKis manufacturing
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jan 2024 $24M $98M Rhapsody Venture Partners · Clean Growth Fund ↗
EARLY VCEquity / VC Jul 2023 $2.6M $11M Greater Manchester Combined Authority ↗
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Growth signals

Holiferm website traffic

Latest recorded traffic for Holiferm is 4.1K monthly website visits, up 310% over the last three months. Holiferm's team grew 7.8% over the past year.

Latest monthly visits4.1K 3-month web change+310% 1-year team growth+7.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Biotechnology and Biological Sciences Research Council (BBSRC)

Series A3 investors entered at this stage

  • Rhapsody Venture Partners
  • Greater Manchester Combined Authority
  • Clean Growth Fund

Other known investors4 additional known investors

  • The University of Manchester
  • Icos Capital
  • Innovate UK Business Connect
  • Royal Academy of Engineering Enterprise Hub
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇬🇧 United Kingdom93.1%
🇺🇸 United States3.5%
🇦🇺 Australia1.7%
🇪🇸 Spain1.7%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Holiferm on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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