Catalyxx

www.catalyxxinc.com ↗ ·Madrid ·Series A

Catalyxx is a greentech chemistry company that uses a patented, non-fermentative catalytic process to convert bioethanol into drop-in, carbon-negative higher alcohols (butanol, hexanol, octanol, decanol) used in paints, adhesives, resins, solvents and cosmetics. Founded in 2017 by ex-Abengoa executive Joaquín Alarcón de la Lastra and built on a decade of catalysis work with Spain's ITQ (Instituto de Tecnología Química), it is at Series A stage and has raised over €18M in equity plus large public backing, including a €37M EIB pre-approval and a €20M Circular Bio-based Europe grant, for its first commercial plant (announced for Sines, Portugal, ~€120M). It is legally incorporated as Catalyxx, Inc. in Chesterfield, Missouri, with its R&D centre and pilot plant in La Rinconada (Sevilla) and a commercial office at Paseo de la Castellana 93, Madrid.

Founded
2017
Founders
1
Total funds raised
€8.3M
Rounds
2
Investors
5
Last round
May 2025
SectorsEnergy & Climate, Cleantech, Sustainable Chemicals, Biofuels, Industrial Biotech, Deeptech Start-up MapEnergy & Climate › Waste valorisation & biomaterials

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Founders

Joaquín Alarcón de la Lastra Romero
Founder, President & CEO

Global models 5

Solugen
United States · solugen.com ↗
Uses a patented catalytic, non-petrochemical process to turn bio-based feedstocks into drop-in specialty chemicals sold to industrial buyers.
$640MComparable
LanzaJet
United States · www.lanzajet.com ↗
Upgrades ethanol through a catalytic alcohol-to-X process into drop-in low-carbon hydrocarbons and builds its own first-of-a-kind plants.
$300MComparable
Avantium
Netherlands · www.avantium.com ↗
Uses proprietary catalytic technology to convert plant sugars into drop-in and novel renewable chemicals and polymers, funded through a flagship-plant scale-up.
$150MComparable
Origin Materials
Catalytically converts biomass into carbon-negative drop-in chemical intermediates sold to materials and consumer-goods makers.
$100MComparable
Gevo
United States · gevo.com ↗
Produces renewable higher alcohols (isobutanol) and drop-in chemicals and fuels from ethanol-plant feedstocks for industrial buyers.
$100MComparable

In the same niche 22 others

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Notes: Most funded first

Investors 5

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Funding rounds 2

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