Calyxia, a renowned clean technology company specializing in cutting-edge and eco-friendly microcapsules and microparticles, has successfully secured €31.5 million in its recent Series B funding round. The round was led by Lombard Odier Investment Managers, in association with its Plastic Circularity Fund and Bpifrance through its Large Venture Fund. Notably, existing investors including Astanor also provided substantial support for the funding.
With the newly raised capital, Calyxia aims to spearhead the development of innovative solutions that empower businesses to minimize their environmental footprint without compromising performance or profitability. The company acknowledges the growing demand from its customers to drive sustainability in their products, and intends to address the challenges they often face in striking the right balance.
By leveraging its expertise in cleantech and its commitment to sustainability, Calyxia strives to revolutionize various industries. The company’s advanced microcapsules and microparticles offer a biodegradable alternative to conventional materials, making them an ideal choice for businesses seeking to reshape their practices and adopt more sustainable approaches.
Through this funding, Calyxia hopes to amplify its research and development efforts, enabling the wider deployment of its groundbreaking technologies. By providing comprehensive and environmentally responsible solutions, Calyxia is poised to make a significant impact on the global drive towards a more sustainable future.