Resilico intends to develop a solution for converting industrial waste into secondary raw materials
Italian startup Resilico has raised €5 million in a Series A funding round. The company will use the proceeds to realise its sustainability project.
The 360 Capital ClimateTech 360 LIFE II fund was the lead investor. CDP Venture Capital’s Green Transition funds also participated in the round. The project was supported by the LV 360 parallel fund of Lombardia Venture, established in the Lombardia region. The latter is funded by the European PR initiative FESR 21-27, managed by Finlombarda.
The startup’s previous funding round of €1.2 million was in 2023. Investors were Tech4Planet and FECS Technology.
Resilico has developed a solution to convert industrial waste into secondary raw materials. The project focuses on the construction sector and offers CO2 emission reductions.
An overview of the startup’s activities
According to Resilico director David Callejo Muñoz, the startup has three main objectives:
– reducing the volume of waste in landfills;
– recycling waste and reusing it in the marketplace;
– securely storing carbon dioxide emissions.
David Muñoz said the investment will allow the company to grow and refine its approach. The startup offers an easy-to-implement technology that helps meet climate goals. The solution meets the current needs of a market that is facing an increase in industrial waste. This limits global development and has a negative impact on the environment. The startup enables companies to implement sustainable industrial waste management programmes.
Muñoz founded the startup Resilico in 2019. In 2023, the company significantly expanded its team to include specialists in engineering, design and business development. Today, the company employs 10 people. Resilico’s mission is to help recycle waste and reduce emissions. The company’s solutions not only conserve natural resources but also create economic value.
Technology features
Resilico’s technology focuses on recycling certain types of industrial waste. Recycled materials can be used in the construction sector. We are talking about the possibility of producing concrete, various mortars and resins, as well as bitumen.
Alkaline industrial waste can be recycled, such as:
– fly ash from waste-to-energy plants;
– steel slag;
– dust from flue gas cleaning, and others.
The solution accelerates the natural carbonisation process. The technology binds and immobilises the harmful components in the waste. The process is triggered by ambient temperature and pressure. The key reagent is CO2, which transforms the waste into secondary raw materials in less than an hour.
