1 The EIC Accelerator Project

The EIC Accelerator program, part of the European Innovation Council (EIC), is designed to support small and medium-sized enterprises (SMEs) and startups in scaling up innovative solutions with potential for significant market impact. This initiative is particularly focused on deep-tech innovations, which encompass advanced technologies with a strong scientific and engineering base. The EIC Accelerator provides substantial funding opportunities through blended finance, combining grants and equity investments aimed at fostering growth and development.

Funding Structure

The EIC Accelerator offers a unique blended finance model that includes:

Purpose in the Ecosystem

The EIC Accelerator plays a vital role in the European startup and deep-tech ecosystem. By providing financial support and resources, it encourages innovation that can lead to significant advancements in various sectors, including healthcare, energy, and sustainability. The program not only focuses on the immediate financial needs of startups but also aims to create a supportive environment for long-term growth. By leveraging public funding to attract private investment, the EIC Accelerator helps companies secure the necessary capital to scale effectively, thereby enhancing their competitiveness on a global scale.

Catalyxx Procesos Catalíticos, SL and the RenewChem Project

Company Overview: Catalyxx Procesos Catalíticos, SL, based in Spain, is a pioneering company focused on developing innovative catalytic processes aimed at sustainable chemical production. The company recently achieved recognition through its participation in the EIC Accelerator program, particularly with its project titled RenewChem.

Project Description: RenewChem represents the first industrial facility dedicated to the bio-based production of n-butanol. This project addresses the growing demand for sustainable chemical solutions and aims to replace conventional fossil fuel-derived n-butanol with a bio-based alternative that significantly reduces carbon emissions.

Technology Basics and Background

N-Butanol: N-butanol is a versatile alcohol widely used in the production of plastics, solvents, and fuels. Traditional methods of producing n-butanol rely heavily on fossil fuels, making the process environmentally unsustainable. The RenewChem project seeks to revolutionize this production process through a bio-based approach, which utilizes renewable feedstocks.

Catalytic Process: The technology behind RenewChem involves advanced catalytic processes that enable the conversion of biomass into n-butanol. By harnessing the principles of biocatalysis, Catalyxx aims to achieve higher efficiency and lower energy consumption compared to traditional methods. This innovative approach not only enhances the sustainability of n-butanol production but also contributes to the circular economy by utilizing waste materials as feedstocks.

Market Impact: The introduction of bio-based n-butanol through the RenewChem project has the potential to disrupt traditional chemical markets by providing a sustainable alternative that meets stringent environmental regulations. This aligns with the European Union's goals of reducing greenhouse gas emissions and promoting sustainable industrial practices.

In conclusion, the EIC Accelerator program serves as a critical enabler for innovative companies like Catalyxx Procesos Catalíticos, SL, providing the necessary funding and resources to scale groundbreaking projects such as RenewChem. By focusing on sustainability and advanced technologies, the EIC Accelerator is fostering a robust ecosystem that supports the growth of deep-tech startups in Europe, ultimately contributing to a greener and more sustainable future.

2 The Funding Rounds

Catalyxx Procesos Catalíticos, SL: Insights Since EIC Accelerator Funding in March 2024

Catalyxx Procesos Catalíticos, SL, a Spanish company, successfully received funding from the EIC Accelerator in March 2024. Although specific details about the amount and terms of this funding are not publicly available, the company is part of a broader initiative that supports innovative ventures across Europe and Israel.

Financing Raised

The EIC Accelerator generally provides a combination of grants and equity investments to support high-risk, high-potential small and medium-sized enterprises (SMEs). In the March 2024 round, the total budget for the EIC Accelerator was €411 million, with €165 million allocated for grants and €245 million for equity.

Funding Rounds

Catalyxx Procesos Catalíticos, SL, is not explicitly listed among the detailed funding recipients in the available information. However, the company's participation in the EIC Accelerator indicates it likely received funding in the form of grants, equity, or a combination of both, as is typical for EIC Accelerator winners.

Timing and Amount of Funding Rounds

The exact amount and timing of specific funding rounds for Catalyxx Procesos Catalíticos, SL, are not detailed in the available data. The company submitted its Step 2 proposal on March 13, 2024, and was selected to proceed to the Step 3 interview phase.

Investor Information

The EIC Accelerator's investments are typically made through the EIC Fund, which collaborates with private investors to provide equity support. Specific investor details for Catalyxx Procesos Catalíticos, SL, are not provided in the available sources.

Information Related to Funding Rounds

Catalyxx Inc., a different entity, has been involved in several funding rounds. For instance, Catalyxx Inc. secured a $5.8 million Series A equity round to advance green chemistry technology. However, this information does not directly relate to Catalyxx Procesos Catalíticos, SL.

Company Valuations

No specific information on the valuation of Catalyxx Procesos Catalíticos, SL, is available following the EIC Accelerator funding.

Exit Events

There are no reported exit events, such as IPOs, buyouts, or acquisitions, related to Catalyxx Procesos Catalíticos, SL, following their participation in the EIC Accelerator.

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Sources:

• EIC Accelerator March 2024 Results: A Detailed Analysis of Funding Distribution and Success Rates
• 5 EIC Accelerator Winners in March 2024 Round - Catalyze Group
• Catalyxx secures $5.8-MM Series A equity round to advance green chemistry technology
• EIC Accelerator: Statistics and Results from the March 2024 call
• EIC Accelerator 2025 Summary | Funding and support by Catalyze
• News - Catalyxx
• Coresignal's company funding data
• Catalyxx - Products, Competitors, Financials, Employees

3 The Press Releases

Catalyxx Procesos Catalíticos, SL: A Leader in Green Technology

Catalyxx Procesos Catalíticos, SL, a Spanish company, has been recognized for its innovative approach to green technology, particularly in the production of bio-based chemicals. In March 2024, the company successfully secured funding from the European Innovation Council (EIC) Accelerator program, a prestigious initiative supporting groundbreaking innovations in Europe.

Technology Advancements

Catalyxx Procesos Catalíticos, SL, specializes in a thermo-chemical catalytic process that transforms biobased ethanol into high-value chemicals. This technology stands out for its scalability and efficiency, particularly in the production of linear alcohols through the Guerbet reaction. The process does not rely on microorganisms or fermentation, making it more cost-effective and scalable compared to traditional methods like the Acetone-Butanol-Ethanol (ABE) process.

Partnerships and Developments

Recently, Catalyxx has announced several strategic developments:

• Technology License Agreement: Catalyxx and Godavari Biorefineries have entered into a landmark technology license agreement, marking a significant step forward in expanding its green chemistry technology.
• EIB Financing Pre-Approval: Catalyxx has received pre-approval from the European Investment Bank (EIB) for €37 million financing to establish a First-of-a-Kind (FOAK) biobutanol plant in France.
• Series A Funding: The company secured a $5.8 million Series A equity round led by Beka Finance to further advance its green chemistry technology.

Team and Operations

Catalyxx operates with a strong focus on sustainability and innovation. The company's operations are based in Spain and the United States, with its headquarters in Sevilla, Spain, and a strategic presence in Chesterfield, Missouri, USA. However, specific updates on team changes or expansions are not detailed in recent press releases.

Press Releases and Updates

Catalyxx Inc. maintains an active presence on its website, where updates on technological advancements, partnerships, and funding announcements are regularly shared. However, there is no specific mention of press releases or updates on social media channels related to these developments.

EIC Accelerator Funding

The EIC Accelerator funding received in March 2024 highlights Catalyxx's commitment to innovative and sustainable chemical production. This funding is part of a broader initiative to support deep-tech innovations across Europe, with Catalyxx Procesos Catalíticos, SL, being one of the selected recipients for its pioneering work in bio-based chemical production.

Conclusion

Catalyxx Procesos Catalíticos, SL, is at the forefront of green technology innovation, leveraging its patented catalytic processes to produce sustainable chemicals. With recent partnerships, funding, and expansion plans, the company continues to strengthen its position in the global market for bio-based products.

Sources

• Catalyze Group: 5 EIC Accelerator Winners in March 2024 Round
• Rasph: EIC Accelerator March 2024 Results
• Strata: EIC Accelerator Statistics and Results from the March 2024 call
• Catalyxx – Green technology for a better tomorrow
• Catalyxx Technology Revolutionizes Alcohols Production for industries

4 The Technology Advancements

Catalyxx Procesos Catalíticos, SL: Current Capabilities and Advancements

Catalyxx Procesos Catalíticos, SL, based in Spain, is a leading company in the development of green technology for producing high-value chemicals from renewable bio-based feedstocks. Since receiving funding support, the company has continued to advance its technology and expand its reach in the sustainable chemistry sector.

Current Capabilities

Catalyxx specializes in a patented thermo-chemical catalytic process that converts biobased ethanol into higher alcohols, such as n-butanol and n-biohexanol. This process leverages a multifunctional catalyst and moderate operating conditions, making it more scalable and cost-effective than traditional methods like fermentation or the Oxo Process. The company's technology has demonstrated a negative carbon footprint, saving 3.5 kg of CO2e per kg of bio-based chemical produced, positioning it as a leader in sustainable chemical production.

Advancements Since Funding

Since March 2024, Catalyxx has made significant advancements:

• Strategic Partnerships: Catalyxx has entered into a landmark technology license agreement with Godavari Biorefineries, marking a significant step towards integrating its technology globally.
• Funding and Recognition: The company secured $5.8 million in a Series A equity round and €3 million from Axon Partners Group to enhance its R&D and industrialization efforts in Andalusia.
• Program Selection: Catalyxx was selected for the StartBEC 2025 Program, which provides technological mentoring and resources for bioeconomy innovations.

Technology Improvements

Catalyxx continues to refine its technology, highlighting its proprietary catalyst's stability and selectivity for linear alcohols. The company offers technology licensing, including process engineering and design, along with proprietary catalyst supply to ensure consistent performance for its licensees.

Market Demonstration

Catalyxx allows customers to access its Demonstrator Plant for testing and technology assessment, providing performance data and samples. This hands-on approach helps in validating the efficiency and scalability of its processes.

New Patents or Scientific Publications

There is no recent information available regarding new patents filed or scientific studies published by Catalyxx since the funding. However, the company's ongoing R&D efforts suggest continued innovation in its technology.

Conclusion

Catalyxx Procesos Catalíticos, SL, has leveraged its funding to enhance its technology, form strategic partnerships, and expand its presence in the bioeconomy sector. Its focus on sustainable chemistry and scalable production processes positions it well for future growth.

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Sources: - Catalyxx – Green technology for a better tomorrow

• Catalyxx Technology Revolutionizes Alcohols Production for industries
• Services – Catalyxx
• News - Catalyxx
• Catalyxx Selected for StartBEC 2025 Program by AINIA
• EIC Accelerator – 71 companies selected in the most competitive funding round so far
• Products – Catalyxx

5 The Partnerships and Customers

Catalyxx Procesos Catalíticos, SL, a company from Spain, has been actively engaging in various partnerships and collaborations since receiving the EIC Accelerator funding in March 2024. This strategic engagement includes collaborations with entities like Godavari Biorefineries and participation in programs such as the StartBEC 2025 program.

Partnerships and Collaborations

• Catalyxx and Godavari Biorefineries Partnership: Catalyxx has announced a landmark technology license agreement with Godavari Biorefineries. This partnership is aimed at advancing sustainable innovation in the chemical industry by leveraging Catalyxx’s advanced bio-based chemicals technology.
• StartBEC 2025 Program: Catalyxx was selected for the StartBEC 2025 program by AINIA, which is co-financed by the Ministry of Agriculture, Fisheries, and Food. This program provides technological mentoring and resources to support the development of innovative products in the bioeconomy sector. Through this program, Catalyxx benefits from personalized technological mentoring, pilot tests, and assistance in obtaining funding for R&D projects.

New Partners and Customers

Currently, there isn't specific information on new partners or customers announced by Catalyxx. However, the company's involvement in strategic partnerships like the one with Godavari Biorefineries indicates a strong focus on collaborative innovation.

Nature of New Relationships

The partnerships and programs Catalyxx is involved in are designed to enhance technological innovation and market positioning. For instance, the technology license agreement with Godavari Biorefineries positions Catalyxx as a leader in sustainable chemical technology, while the StartBEC program accelerates its ability to develop and launch new products.

Market Positioning

These new relationships are expected to strengthen Catalyxx’s position in the market by enhancing its reputation as a pioneer in bio-based chemicals. The collaborative efforts are likely to improve the company's competitive edge by advancing its green technology and expanding its reach within the sustainable chemical industry.

Technology Advancements and Scaling

Catalyxx's participation in these partnerships and programs is crucial for technology advancements. The company's patented thermo-chemical catalytic process is more scalable and efficient compared to traditional methods, which helps in reducing costs and advancing sustainability in the chemical sector. Furthermore, the support from initiatives like the StartBEC program aids in overcoming technical challenges and securing funding for R&D projects, thereby facilitating scaling and innovation.

Sources:

• Catalyxx – Green technology for a better tomorrow
• News - Catalyxx
• Catalyxx Selected for StartBEC 2025 Program by AINIA
• Catalyxx receives EIB pre-approval to begin due diligence for €37M financing of FOAK biobutanol plant in France
• Catalyxx Technology Revolutionizes Alcohols Production for industries

6 The Hiring and Company Growth

Catalyxx Procesos Catalíticos, SL: Growth and Team Development

Catalyxx Procesos Catalíticos, SL, based in Spain, is a leading greentech company specializing in bio-based chemicals. Since receiving EIC Accelerator funding in March 2024, Catalyxx has experienced significant growth and developments in its team and operations.

Current Headcount and Team Size

As of recent data, Catalyxx Inc., the parent company of Catalyxx Procesos Catalíticos, SL, has a team of approximately 18 employees. However, specific details about the headcount in Spain are not available.

Hiring and Team Growth

Catalyxx is actively expanding its operations, which likely involves hiring new talent to support its innovative projects. The company's selection for the StartBEC 2025 program and its recent funding announcements indicate a potential increase in hiring to facilitate growth in R&D and industrialization.

Recent Hiring and Positions

While specific details on recent hires are not available, Catalyxx's focus on technological innovation and sustainability suggests that key positions may involve roles in biochemistry, chemical engineering, and sustainability management. These roles are crucial for advancing its patented catalytic chemistry technology and scaling its operations.

Impact of New Team Members

The addition of new team members will be instrumental in driving Catalyxx's mission to transform the chemical industry by substituting petrochemical products with sustainable, bio-based alternatives. These new members will help enhance the company's R&D capabilities, improve process efficiency, and support the development of new products and technologies. This expansion will enable Catalyxx to scale its operations more effectively and meet growing demand for environmentally friendly chemicals.

Management and Founding Team Changes

There are no reported major changes in management or the founding team since Catalyxx received the EIC Accelerator funding. However, the company continues to strengthen its leadership through strategic partnerships and collaborations, such as the landmark technology license agreement with Godavari Biorefineries.

Growth and Future Prospects

Catalyxx's growth since receiving the EIC Accelerator funding is marked by significant achievements, including securing additional funding and being selected for prestigious programs like StartBEC 2025. The company's focus on green technology and sustainability positions it well for further expansion and leadership in the bioeconomy sector.

Sources: - Catalyxx – Green technology for a better tomorrow

• Catalyxx Selected for StartBEC 2025 Program by AINIA
• Catalyxx secures €3 million in funding from Axon Partners Group to drive its growth in Andalusia
• Catalyxx Inc Information

7 The Media Features and Publications

Overview of Catalyxx Procesos Catalíticos, SL

Catalyxx Procesos Catalíticos, SL, a Spanish company, has made significant strides in the field of sustainable chemistry, particularly through its innovative bio-based chemical production technologies. Since receiving funding from the EIC Accelerator in March 2024, the company has continued to advance its mission of transforming the chemical industry with green technologies.

Media Features and Publications

Catalyxx has been featured in various publications for its pioneering work in producing high-value chemicals from renewable bio-based feedstocks. Notably, the company's commitment to sustainability and its groundbreaking technology have been highlighted in industry news and business awards.

Content from Publications

Publications have emphasized Catalyxx's unique thermo-chemical catalytic process, which converts bioethanol into valuable chemicals with a negative carbon footprint. This process is seen as a key innovation in decarbonizing the chemical sector by replacing fossil fuel-based processes.

Podcasts and Interviews

While specific podcasts or interviews by the team of Catalyxx Procesos Catalíticos, SL, are not detailed in the available information, the company's leadership has likely participated in industry events and discussions given its prominence in the field of sustainable chemistry.

Conference and Fair Visits

Catalyxx's participation in conferences and fairs is not explicitly mentioned, but the company's involvement in events related to sustainability and chemical innovation is likely, given its focus on green technologies.

Involvement in Events

Catalyxx has been recognized for its commitment to sustainability through awards such as the La Rinconada Business Awards. Additionally, the company's selection for the StartBEC 2025 program highlights its engagement in innovation and sustainability-focused events.

EIC Accelerator Funding

Catalyxx Procesos Catalíticos, SL, received funding from the EIC Accelerator in March 2024 for its "RenewChem" project, aiming to establish the first-of-its-kind bio n-butanol industrial facility. This funding underscores the company's potential in decarbonizing the chemical industry.

Conclusion

Catalyxx Procesos Catalíticos, SL, is at the forefront of sustainable chemical production, leveraging its patented technologies to create bio-based chemicals with a reduced carbon footprint. The company's achievements and recognitions since receiving EIC Accelerator funding in March 2024 highlight its contribution to the decarbonization of the chemical sector.

Sources

• Catalyxx – Green technology for a better tomorrow
• CATALYXX BIO-BUTANOL FOAK (IEU GT2)
• News - Catalyxx
• Catalyxx Procesos Cataliticos Sl
• Catalyxx Technology Revolutionizes Alcohols Production for industries
• EIC Accelerator March 2024 Results: A Detailed Analysis of Funding Distribution and Success Rates
• EIC Accelerator: Statistics and Results from the March 2024 call