In the Netherlands, Momentum Global Ventures has announced that in 2026, it will complete its Series B investment of EUR 200 million in compatriot biocommodity production site developer Perpetual Next. Momentum Global Ventures, through its subsidiaries, holds a strategic majority stake in the sustainable raw materials producer.
Momentum has gradually expanded its position in Perpetual Next in recent years. At the start of 2025, Momentum’s affiliates had collectively invested EUR 137 million in Series B capital in Perpetual Next.
At the close of 2025, an additional EU 30 million in capital was added. This month, there was an additional commitment of up to EUR 40 million in Series B capital for investments in Perpetual Next’s production facilities in 2026.
This completes the Series B placement and will bring the total issued Series B capital to approximately EUR 200 million.
Construction of blueprint facilities
The capital provided by Momentum is invested in the construction of facilities and the expansion of production capacity in several countries, including the Netherlands and Estonia, and is spread across multiple production sites.
One of the projects is the development of the world’s largest torrefaction reactor, which Perpetual Next very recently announced with technology partner TSI.
The TSI reactor is part of Perpetual Next’s biomethanol blueprint, which is currently being rolled out at four production sites in Europe and the United States. This blueprint for large-scale biomethanol production enables rapid, serial scale-up to commercial scale.
The blueprint was developed in collaboration with Air Liquide and engineering firm Fluor, among others, and will produce 220,000 tonnes of biomethanol per year per production site.
Growth capital
Momentum’s invested capital has been fully contributed as share capital to Perpetual Next, making Perpetual Next the 100 percent shareholder of the entire portfolio of methanol production sites.
This has been realized without external debt, leaving room for growth financing.
ING Corporate Finance will continue to support the raising of growth capital for the full development of the various sites and the further rollout of the biomethanol blueprint.
In October 2025, Perpetual Next announced that its shareholders had engaged ING Corporate Finance as their trusted financial advisor for the onboarding of strategic partners.
Perpetual Next has been collaborating with ING Corporate Finance for two years and is committed to a long-term partnership.
