Due Diligence for Investment to Scale Biochar Production

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Project Outcome

Based on this work, Mekong Capital invested $5 million into Husk Ventures.

Husk is a biochar produced  based in Cambodia, with plans for expansion across the Mekong region.

Mekong Capital is a Vietnam-focused private equity firm based out of Ho Chi Minh City.

Scope of Work

Within the framework of a due diligence mission for Mekong Capital, BioFlux conducted a due diligence assessment of the Cambodian biochar producer Husk Ventures. 

BioFlux worked with Unique to provide the necessary insights and expertise to review available project documents and conduct interviews with relevant actors to deliver informed conclusions and recommendations on predefined aspects of the Cambodian biochar business.

The following key business components were assessed and evaluated:

  • 1. Risk Matrix
  • 3. Asian Biochar Market Landscape
  • 4. Pyrolysis Technology and Plant Design Assessment
  • 5. Carbon Sequestration assessment
  • 2. Supply-Related Lead Questions

This due diligence provided Mekong Capital with a comprehensive understanding of Husk Ventures’ business model, risks, and potential for growth.

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