Vertoro, a renewable oil company, has announced the first closing of its €17 million Series B round, consisting of €10 million in newly contributed capital and €7 million in converted loan notes. Climate Tech Partners, Invest-NL, and Maersk participated as key investors, with further contributions from Energietransitiefonds Rotterdam, LIOF, SHIFT, and Chemelot Ventures. The round will primarily fund continued scaling of Vertoro's technology, which converts plant-based waste into a flexible renew