Summary:
- Catalyxx, a startup based in Sevilla, Spain, secured €3M in funding led by Axon Partners Group to further develop sustainable chemicals and sustainable aviation fuel production.
- The company specializes in converting bioethanol into valuable intermediate chemicals using catalytic chemistry, reducing CO2 emissions and replacing fossil-based feedstocks.
- Catalyxx has also received pre-approval from the European Investment Bank for a €37M financing package to establish its first full-scale industrial plant in France.
Article:
Catalyxx Raises €3M in Funding to Advance Sustainable Chemicals and Aviation Fuel Production
Catalyxx, a prominent startup headquartered in Sevilla, Spain, recently announced a significant milestone in its journey towards sustainability. The company successfully secured €3M in funding, with Axon Partners Group leading the investment round. This financial boost will be instrumental in accelerating the development of Catalyxx’s sustainable chemicals research and development, as well as its sustainable aviation fuel production facility in Seville.
Led by CEO Joaquín Alarcón, Catalyxx distinguishes itself as a greentech innovator committed to reducing reliance on fossil-based feedstocks. Through its patented catalytic chemistry technology, the company transforms bioethanol into high-value intermediate chemicals such as butanol, hexanol, octanol, and decanol. Notably, Catalyxx’s innovative approach has been tested at a demonstration plant with a Technology Readiness Level of 7, indicating scalability and readiness for industrial-scale implementation. Furthermore, the company boasts being CO2 negative, effectively reducing 3.5 kg of CO2 per kilogram of chemical produced.
In addition to its recent funding success, Catalyxx has received preliminary approval from the European Investment Bank for a substantial €37M financing package. This financing will support the establishment of Catalyxx’s first full-scale industrial plant in France, marking a significant step towards expanding its operations and impact on a global scale.
With a clear focus on sustainability and innovation, Catalyxx continues to pave the way for a greener future. Their commitment to reducing carbon emissions, replacing traditional feedstocks, and advancing sustainable solutions underscores their position as a leader in the green technology sector.
Stay tuned for more updates on Catalyxx’s groundbreaking initiatives in the realm of sustainable chemicals and aviation fuel production.
Source: FinSMEs, 19/05/2025
