Calyxia funding news – CleanTech Startup Calyxia Secures €31.5 Mn in Series B Funding

The round was led by Lombard Odier Investment Managers, through its Plastic Circularity Fund and Bpifrance, through its Large Venture Fund, with strong support from existing investors including Astanor.

“Our customers are eager to reduce the environmental impact of their products, but they often face trade-offs with performance and profitability, which hinders widespread adoption,” said Jamie Walters, CEO and Co-Founder of Calyxia.

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“This investment will accelerate the widespread deployment of our products, allowing manufacturers to reduce plastic pollution and GHG emissions, whilst boosting their product performance and profitability, unlocking impact at scale. We are excited to partner with such a world-class group of investors who share our commitment to scaling sustainable technologies and 2 transforming industries. Together, we are poised to address some of the most pressing environmental and industrial challenges of our time.”

Christopher Tritten, Head of Private Assets and CIO at Lombard Odier Investment Managers added: “We are thrilled to support Calyxia through the Lombard Odier Plastic Circularity Fund. Their groundbreaking technology offers an innovative approach to tackling microplastic pollution, and we believe they have the potential to scale and become a leader in the sector. This aligns perfectly with our commitment to investing in companies that are building a more sustainable future.

This new capital will enable Calyxia to achieve profitability, deploy globally its innovative manufacturing technology, and establish itself as the leader in a market exceeding $10 billion by 2030.

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” Cindy Ung, Investment Director at Bpifrance Large Venture, comments: “Bpifrance, through its Large Venture Fund, is very proud to support Calyxia in this new stage of its development. Calyxia is at the forefront of creating solutions that enhance product performance while addressing global carbon and plastic pollution. We are confident that the company will become a leader in its field, contributing to France’s reindustrialization plan supported by Bpifrance.

Calyxia recently installed and qualified its first fully operational factory in 2023, and has secured commercial partnerships for mass-volume industrial applications with leading companies in Agriculture, Consumer Care and Advanced Materials markets.

” Laetitia de Panafieu, Investment Principal, adds: “At Astanor, we are dedicated to backing visionary companies that are redefining the future of agrifood tech and sustainability. Calyxia’s groundbreaking microcapsule technology not only addresses the urgent challenges of microplastic pollution and GHG emissions but also offers transformative solutions for the Agriculture sector. By enhancing product performance and sustainability across multiple industries, Calyxia is at the forefront of creating a more sustainable and profitable future. We are proud to continue our support as they scale their innovative solutions globally.”

About Calyxia

Calyxia is an Industrial B2B CleanTech innovator based in the Paris region, France, that designs and manufactures the world’s first advanced and sustainable microparticles and microcapsules. Calyxia, with the motto “Advanced Sustainable Chemistry”, harnesses and combines pioneering technologies in chemistry and emulsion science to develop new industrial solutions for a wide range of applications. Calyxia partners with global worldleader manufacturers in the Agriculture, Consumer Care and Advanced Materials industries to help unlock an advanced and sustainable future for all.