Investment & Fund Management
which significantly advanced their impact agenda. This
Full Credential Description
Calyxia, a Paris-based company, is addressing the critical issue of microplastic pollution, which poses significant threats to the environment, biodiversity, and human health. The company identified that microplastics, often added to agricultural products and generated from the degradation of plastic materials, are accumulating in ecosystems, with 80% of ocean microplastics originating from these sources. To combat this, Calyxia developed a unique technology that produces the worlds first readily biodegradable microcapsules, providing a sustainable alternative for various industries, particularly agriculture.
The tailored solution offered by Calyxia involves working with leading agrochemical companies that dominate 80% of the global market. Their biodegradable microcapsules not only comply with regulations but also enhance soil fertility and biodiversity without imposing additional costs on farmers. This innovative approach positions Calyxia as a pioneer in the fight against microplastic pollution while promoting sustainable agricultural practices.
In 2021, Calyxia secured an equity investment from Astanor Ventures, an EIF-backed venture capital firm, which significantly advanced their impact agenda. This funding facilitated their first commercial product sales and allowed them to scale their product range. Astanor Ventures provided not just financial support but also strategic insights, exposure, and connections to other investors and potential customers, enhancing Calyxia's market presence and operational strategy. With a workforce of over 80 employees, Calyxia is poised to make a substantial impact on reducing marine pollution and fostering a sustainable future in food, nutrition, health, and biotechnology.