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Biomass comes in many shapes and forms and can be used in different ways. A good example is when wood is used for the construction of furniture and houses, and the carbon amassed by trees from the biosphere is locked into products that can last for decades.

On June, 20 2022 CEO Niels Wage was invited by BNR Zakendoen, on the occasion of the Series A investment round. Niels talked in depth about Perpetual Next's growth plans and the urgency of this in view of the (geopolitical) climate.

In FD: Perpetual Next aims to move industrial companies to green their production processes. This mission appeals to investors. Externally, €320 million has been raised. Major shareholder Momentum Capital is also investing €100 million. 

Perpetual Next has acquired €320 million in new equity capital in a Series A financing round. The company will use the capital for technology acquisitions and projects aimed at carbon removal.

Perpetual Next is proud to announce that team Perpetual Next is a verified participant to the USD 100 million XPRIZE Carbon Removal competition. We’re excited to be one of 1,133 teams registered for the competition.

• Partnership in which Perpetual Next will produce syngas and green gas
• Gasunie will handle distribution – locally and via a national network
• Torrefaction of organic residual and waste flows means no use of fossil sources
• The plant will be built in the Delfzijl chemical cluster and be operational from 2024

Niels Wage takes over the lead of climatetech company Perpetual Next as CEO, succeeding co-founder Martijn van Rheenen.

On January 23, 2022, Dutch newspaper FD published an article about Perpetual Next's intended IPO in 2025.

The digester that Perpetual Next (85% interest) has built in Ellesmere Port, West England, is almost operational. The so-called Trinity project is in the commissioning phase and will deliver its first green gas by the end of November.

On 17 November, Perpetual Next signed an agreement with BNM Holding bv to acquire OMR Moerdijk in North Brabant. The legal transfer of the shares will take place in December.