# Dioxycle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dioxycle

- Industry: Environmental Services
- Headquarters: Bordeaux, France
- Website: www.dioxycle.com
- Total disclosed funding: $19M
- Latest round: Series A (Jul 25, 2023)
- Investors on record: 5

## About

Founded in 2020 and based in Bordeaux, France, Dioxycle, operates as a manufacturing company that focuses on developing electrolyzed products that convert industrial pollutants into environmentally friendly chemicals. In July 2023, Dioxycle raised USD 17 million in series A funding co-led by Breakthrough Energy Ventures and Lowercarbon Capital. As of 2023, the company has partnered with companies like BPIFrance, Alchemist Accelerator, Breakthrough Energy, and many more.

The company offers a container used to valorize emissions and separate Carbon dioxide from impurities, converting it into carbon bonds, producing energy-rich chemical precursors. The company uses electrolysers to pump energy to turn carbon dioxide into Gasoline, Jet fuel, Diesel, Methanol, Ethanol, Recyclable plastics, Synthetic fabrics, Industrial solvents, Coolants, Antifreeze, Adhesives, Plant hormones, Sustainable clothing, Shipping fuel, and many more.

The company plans to use the July 2023 funding to construct a manufacturing model and its first on-site demonstration operation.

## Funding rounds

- Series A, Jul 25, 2023, $17M — Breakthrough Energy Ventures, Lowercarbon Capital, Gigascale Capital
- Seed, Apr 4, 2022, $1.9M — Third Kind Venture Capital, AngelList, Lowercarbon Capital

## Investors

- Third Kind Venture Capital (https://capitalatlas.ai/funds/third-kind-venture-capital) — Seed
- AngelList — Seed
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed, Series A
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series A
- Gigascale Capital (https://capitalatlas.ai/funds/gigascale-capital) — Series A