Calyxia, the Paris-based pioneer in clean technology, has successfully raised $35 million in Series B funding, marking a pivotal step in combating the escalating crisis of microplastic pollution.
With the backing of key investors, Calyxia is poised to revolutionise manufacturing processes on a global scale, enhancing their influence in a market projected to exceed $10 billion by 2030.
The newly raised capital will enable Calyxia to expand its operational footprint significantly. This expansion includes establishing new headquarters and an additional production site in the Paris region by the first quarter of 2025, augmenting production capacity to 3,000 tonnes annually.
Aided by the France 2030 programme, these developments will not only bolster Calyxia’s profitability but also position it as a dominant force in the burgeoning clean technology sector.
Microplastics have infiltrated ecosystems globally, from terrestrial soils to the Arctic’s icy waters, posing significant threats to human and environmental health.
Traditional materials production methods exacerbate these issues, necessitating a shift towards sustainable manufacturing processes to safeguard future generations.
Calyxia is strategically positioned to lead this transition, aiming to dominate the microparticles and microcapsules markets within the next decade.
Calyxia, founded by esteemed scientists from Harvard, ESPCI-Paris PSL, and Cambridge, stands at the forefront of sustainable innovation.
The company’s proprietary technology utilises eco-designed manufacturing processes to create high-performance microparticles, setting a new standard for sustainability in industrial applications.
Fully operational since 2023, Calyxia’s first factory supports partnerships with leading industries, marking a significant advancement in their eco-friendly initiatives.
The investment community has expressed strong support for Calyxia’s mission and technology.
Christopher Tritten, from Lombard Odier Investment Managers, highlights the groundbreaking potential of Calyxia’s solutions in addressing microplastic pollution while advancing towards a sustainable future.
Cindy Ung from Bpifrance and Hans Marteau of Astanor further affirm the strategic importance of Calyxia’s work in enhancing sustainability and performance across multiple industries.
Through its innovative approach, Calyxia is reshaping the landscape of global manufacturing.
Their technologies offer tangible solutions to reduce plastic pollution and greenhouse gas emissions while improving product performance and profitability.
This holistic approach is expected to influence a broad spectrum of industrial applications, fostering a more sustainable and profitable manufacturing paradigm.
Calyxia’s commitment to merging sustainability with profitability is reshaping industry standards.
By addressing the performance-profitability trade-off that many businesses face, Calyxia is enabling wider adoption of their eco-friendly technologies.
The company’s ongoing expansion efforts are set to amplify their sustainable impact globally, fostering an era of innovative environmental stewardship.
With robust funding and strategic partnerships, Calyxia is well-positioned to accelerate its mission.
The anticipated market expansion and new facility developments are crucial to achieve long-term sustainability goals and industry leadership.
As Calyxia continues to advance its mission with renewed vigour and substantial financial support, the company is set to become a cornerstone in the global fight against microplastic pollution. Their innovative technologies are not only transforming industrial processes but are also pivotal in leading the charge towards a sustainable future.
