Catalyxx Funding News-Catalyxx Secures €3 Mn To Boost Sustainable Chemicals R&D Center In Seville

The funds will support the expansion of its facility in La Rinconada (Seville), which focuses on producing renewable chemicals and sustainable aviation fuel (SAF) from bioethanol.

The investment comes through the Axon Desarrollo Andalucía fund, backed by the European Investment Bank (EIB) and the Regional Government of Andalusia, highlighting Catalyxx’s role as a key industrial innovator in the region.

“Catalyxx is a clear example of the kind of transformative company we aim to support through the Axon Desarrollo Andalucía fund,” said Macarena González, Investment Manager at Axon in Andalusia. “Its technology has the potential to position the region as a European benchmark in sustainable chemistry and the energy transition.”

Catalyxx has created a patented, non-fermentative technology that transforms bioethanol into renewable chemicals like biobutanol, biohexanol, biooctanol, and biodecanol. These are sustainable alternatives to fossil-based materials used in paints, adhesives, resins, and cosmetics.

Read Also - Revolut Invest Over €1 Billion In France For Banking Licence

Founded in 2017 by Joaquín Alarcón de la Lastra, a former Abengoa executive, the company has raised over €18 million in the past year from investors such as Aether Chemical Investments, the European Commission’s EIC Accelerator, and Axon Partners Group.

“This new round allows us to strengthen and continue the development of our technology center in Seville and to consolidate an industrial base from which we can scale our technology globally,” said Joaquín Alarcón de la Lastra, CEO of Catalyxx.

Catalyxx is also expanding in France, having received pre-approval from the European Investment Bank (EIB) for €37 million in funding to build its first full-scale industrial plant there. The First-Of-A-Kind (FOAK) facility will be developed with a local partner and will use Catalyxx’s own technology to produce renewable biobutanol.

Due diligence is planned for July in Seville, and full approval is expected after that. The EIB sees this technology as key to helping Europe reach its decarbonization goals and move toward a circular, low-carbon chemical industry.

"This decision by the EIB is a key milestone for Catalyxx and validates our vision to transform the chemical industry through sustainability and efficiency," added Alarcón de la Lastra.

About Catalyxx

Catalyxx is a sustainable chemistry company Founded in 2006 aiming to replace fossil-based chemicals and drive the industry toward more eco-friendly and efficient solutions. Axon is a global investment and advisory firm focused on technology and innovation, managing nearly €700 million in assets. Axon has a team of 90+ professionals and offices in Madrid (HQ), Seville, Bogotá, Milan, and Istanbul.