Resilco Srl raises €5 million in Series A funding to advance its innovative waste treatment technology, aiming to convert industrial waste into reusable materials while storing CO2.
Information on the Target
Resilco Srl - Società Benefit is an innovative startup based in Bergamo, Italy, that has developed a cutting-edge technology for the treatment of specific types of industrial waste. This technology transforms waste into secondary raw materials suitable for use in the construction sector while also enabling CO2 storage. Recently, Resilco announced the successful completion of a Series A funding round, raising €5 million.
This funding round was led by 360 Capital, a European venture capital firm, through its climate tech fund, 360 LIFE II. The round also received support from CDP Venture Capital, under the Green Transition Fund, utilizing resources from the EU’s NextGeneration EU initiative. Other contributors included the Parallel Fund LV 360, backed by Lombardia Venture, part of the Lombardy Region's initiative to foster the growth of technologically innovative startups. Notably, Resilco had previously secured €1.2 million in funding in 2023, also supported by Tech4Planet and FECS Technology Srl.
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Industry Overview in Italy
The industrial waste management industry in Italy is poised for transformation, driven by increasing regulatory pressure and a shift toward sustainable practices. The European Union has prioritized waste recovery, inclu
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Disclosed details
Transaction Size: $5M