Tech Company Financing Transactions
Dioxycle Funding Round
Dioxycle, based in Paris, scored $17 million in investment from Breakthrough Energy Ventures, Lowercarbon Capital and Gigascale Capital.
Transaction Overview
Company Name
Announced On
7/26/2023
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
ICMCB, 87 Avenue du Albert Schweitzer
Paris, 33600
FR
Paris, 33600
FR
Phone
Undisclosed
Website
Email Address
Overview
DIOXYCLE is pioneering breakthrough carbon utilization technologies that convert industrial emissions into sustainable chemicals with unprecedented energy and cost efficiency. By displacing fossil fuels for the production of key chemicals, Dioxycle has the potential to ultimately reduce over 800 million tons of CO2 per year, representing over 2% of the world's emissions.
Management Team
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About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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