Wedoany.com Report-Nov 11, Catalyxx Inc., a leading innovator in green chemistry, has successfully completed a $5.8-MM Series A equity round led by Aether Chemical Investments, a single-asset investment vehicle sponsored by Beka Finance, a prominent investment firm specializing in high-growth companies with strategic potential.

This investment will enable Catalyxx to finalize the scale-up of its proprietary technology and develop a portfolio of industrial plants globally, introducing sustainable solutions to a broader market. Aether has a partnership agreement with Catalyxx to fund this Series A as well as future investment needs.

This equity round complements the €9.5-MM funding Catalyxx recently secured through the European Commission’s EIC Accelerator Program, which supports innovative companies with high-impact technologies. Combined, this funding provides a robust financial foundation for Catalyxx’s growth, enabling the company to expedite the deployment of its proprietary green chemistry technology that converts bioethanol into high-value bio-based chemicals (including n-butanol, hexanol, octanol and decanol).

This technology offers a fully sustainable, carbon-negative and cost-competitive alternative to traditional petroleum-based high-alcohol-content chemicals in the market.

Aether’s participation in this equity round underscores strong confidence in Catalyxx’s technology and growth potential. With this financial support, Catalyxx is well-prepared to execute its ambitious growth strategy and contribute significantly to the global shift toward sustainable industrial practices.

Joaquín Alarcón, CEO of Catalyxx, commented: “We are thrilled to have secured $5.8 million in this Series A equity round, led by Beka Finance through Aether. This funding allows us to significantly accelerate the scale-up of our proprietary technology, moving us closer to the industrialization of our processes and bringing bio-based high-value chemicals to a global market. It will also enable us to expand our bio-based product portfolio, developing technologies to produce sustainable aviation fuel (SAF) and new competitive biofuels. With this backing, Catalyxx is well-positioned to lead the next wave of innovation in green chemistry.”

Carlos Stilianopoulos,CEO of Beka Finance, stated: “We are proud to support Catalyxx in its journey toward revolutionizing the chemical industry. Their innovative approach to developing bio-based, sustainable alternatives to fossil-derived chemicals aligns with our commitment to backing high-growth companies that have the potential to drive significant industrial change. Catalyxx’s technology is expected to reduce the production cost of n-butanol, which will increase the industry’s competitiveness while reducing its carbon footprint throughout the coming decade. We believe in Catalyxx’s vision and are confident that their proprietary technology will play a major role in the global transition to more sustainable industrial practices.”