This article is about Calyxia, a climate-focused startup that has raised funding to address microplastics pollution and reduce energy use in manufacturing. Here are the key points from the article:
Company Overview
- Calyxia is a climate-focused startup that aims to mitigate microplastics pollution and reduce energy use in manufacturing.
- The company has developed advanced materials that can reduce wear and tear on products, making them last longer.
Funding
- Calyxia recently raised an undisclosed amount of funding in its Series B round, led by Lombard Odier Investment Managers through its Plastic Circularity Fund, and Bpifrance through its Large Venture Fund.
- Existing investors, including Astanor, also participated in the round.
Technology
- Calyxia’s advanced materials division has developed a novel technology that can reduce the temperature used in production by up to 80 degrees C, resulting in reduced greenhouse gas emissions.
- The company’s technology encapsulates catalysts that are highly reactive and protect them against reaction during processing and storage.
- When activated at a lower temperature (100 degrees C), the catalyst is released, polymerizing the material into various parts.
Impact
- Calyxia’s technology can reduce the cost of production for manufacturers while also reducing their greenhouse gas footprint.
- The company’s materials division is working on developing self-healing and self-repairing materials that can further postpone product end-of-life.
Addressing Microplastics Pollution
- Calyxia’s advanced materials division is also focused on making it easier to recycle products by separating different layers of materials, such as removing labels from plastic bottles.
- The company has developed materials that help products last longer by reducing wear and tear, but acknowledges that this may not address the sustainability challenge attached to plastic use.
Overall, Calyxia’s technology has the potential to reduce microplastics pollution and energy use in manufacturing, while also improving product longevity.
