Calyxia Raises $35M to Lead the Fight Against Microplastics with Advanced Sustainable Chemistry Solutions
Microplastics and unsustainable industrial practices are significant environmental challenges, contributing to pollution, greenhouse gas emissions, and harm to ecosystems globally. Microplastics are found everywhere, from oceans to human bodies, and traditional chemical production methods exacerbate the problem by using harmful substances and energy-intensive processes. The clean technology industry, particularly the chemical and materials sectors, is under pressure to adopt more sustainable practices to address these pressing environmental issues.
Calyxia, a French clean technology startup, is tackling these challenges head-on with its innovative microcapsule and microparticle technology. Founded in 2015 and spun out of research between Harvard University and ESPCI-Paris PSL, Calyxia has developed biodegradable microparticles that serve as a sustainable alternative to traditional microplastics. These particles break down without leaving harmful residues, helping to reduce pollution in sectors like consumer goods, agriculture, and advanced materials.
Calyxia’s work doesn’t stop at providing alternatives to microplastics. Its advanced materials division has developed microcapsule technology that improves the durability of materials, preventing the wear and tear that leads to microplastic production. Moreover, its encapsulation technology allows manufacturers to use polymerization processes at lower temperatures, significantly reducing the energy consumption and carbon footprint of producing goods like wind turbine parts and electric vehicle components.
With over 60 patents and a growing clientele of major industrial companies, Calyxia is positioned to become a leader in sustainable chemistry. The company’s solutions align with global regulatory trends, such as the European Union’s new restrictions on microplastics, and are supported by strong investor backing, including Lombard Odier Investment Managers and Bpifrance.
The company’s $35 million Series B funding will help ramp up production capacity, enabling it to meet growing demand for its eco-friendly alternatives. Calyxia’s innovations hold the potential to transform industries by providing cleaner, more sustainable production processes, addressing critical environmental challenges like microplastic pollution and reducing greenhouse gas emissions.
Source: Yahoo
Technologies Used:
- Microcapsule and Microparticle Technology: These biodegradable particles replace traditional microplastics, reducing pollution in the environment.
- Catalyst Encapsulation Technology: This enables polymerization at lower temperatures, reducing the energy consumption of manufacturing processes.
- Wear-resistant Advanced Materials: These materials prevent microplastics from forming through wear and tear, indirectly reducing microplastic pollution.
SDGs Impacted:
- SDG 12: Responsible Consumption and Production: By providing sustainable alternatives to microplastics, Calyxia reduces pollution and promotes greener industrial processes.
- SDG 13: Climate Action: The company’s catalyst technology lowers energy use, reducing greenhouse gas emissions in manufacturing.
- SDG 14: Life Below Water: The elimination of microplastics helps protect marine life from pollution, addressing one of the most pressing environmental challenges today.
Sustainability Focus:
- Microplastic Pollution: Calyxia’s microcapsule technology offers biodegradable alternatives, reducing microplastic contamination in oceans and ecosystems.
- Energy Consumption: The company’s encapsulated catalyst technology reduces the temperature required in industrial manufacturing, helping to lower greenhouse gas emissions and energy use in producing materials like composites and adhesives.
Other Details:
- Company: Calyxia
- Industry: Chemicals, Materials
- Amount Raised: $35 million
- Type/Round: Series B
- Geographic Focus: France
Key Investors:
- Lombard Odier Investment Managers (Switzerland)
- Bpifrance (France)
- Astanor Ventures (Belgium)
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