Calyxia bags $17.6M to tackle the global microplastics problem

24 Sep, 2021

Calyxia bags $17.6M to tackle the global microplastics problem
Photo by Lala Azizli on Unsplash

– Calyxia, a greentech startup, has developed biodegradable microcapsule technology to reduce the amount of harmful microplastics that human activity is putting into the environment.
– The 2015-founded startup is now announcing a €15 million Series A (~$17.6 million) funding round, led by the impact investor Astanor Ventures, as it gears up to get its first products to market this year.
– The company says its technology can reduce the amount of microplastics in the environment by up to 90%.
– It has developed what it bills as “environmentally friendly” and “advanced performance” biodegradable microcapsule technology.

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