# Lixo

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.lixo.tech
- Total disclosed funding: $2.7M
- Latest round: Seed (Nov 24, 2021)
- Investors on record: 3

## About

Based in Paris, France, and founded in 2019 by Marjorie Darcet (CEO) and Olivier Large, Lixo Technologies offers technology and software solutions for waste management. In January 2022, Lixo SAS raised EUR 3.5 million in seed funding from 50 Partners, Raise Ventures, and Demeter Partners, with participation from individual investors. The firm’s clients include Brangeon Groupe, Veolia, Simpliciti, Citeo, Etc. 



The company creates and provides software solutions that aid in the development of a circular economy and increase the effectiveness of the waste management and recovery sector. The company installs its own hardware and uses AI-based tools to collect, detect, sort, and characterize waste in real-time, as well as to visualize purity, throughput, downtime, and other factors.

## Funding rounds

- Seed, Nov 24, 2021, $2.7M — Demea Invest, 50 Partners, RAISE

## Investors

- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Seed
- 50 Partners (https://capitalatlas.ai/funds/50-partners) — Seed
- RAISE (https://capitalatlas.ai/funds/raise) — Seed