{"id":13180,"date":"2023-12-14T11:48:36","date_gmt":"2023-12-14T10:48:36","guid":{"rendered":"https:\/\/www.2cfinance.net\/?p=13180"},"modified":"2023-12-14T11:48:39","modified_gmt":"2023-12-14T10:48:39","slug":"neolithe-raises-60-million-waste-fossilizers","status":"publish","type":"post","link":"https:\/\/www.2cfinance.net\/en\/neolithe-raises-60-million-waste-fossilizers\/","title":{"rendered":"N\u00e9olithe raises \u20ac60 million for its waste fossilizers"},"content":{"rendered":"\n
Benjamin Bitton<\/a><\/strong>, Jacques Haccoun<\/a><\/strong>, Julien Solyjan<\/a><\/strong> et Germain Buquet<\/a><\/strong> from 2CFinance’s Transaction Services team conducted Indy’s financial due diligence of N\u00e9olithe\u00a0for RGreen Invest.<\/p>\n\n\n\n The industrial startup N\u00e9olithe, pioneering waste treatment through accelerated fossilization, has just announced a \u20ac60 million fundraising round. This major financing round was led by private and banking investors, including Cr\u00e9dit Mutuel Impact, Otium Capital, Tivoli Capital Investment and Rgreen Invest.<\/p>\n\n\n\n Founded in 2019 by Nicolas Cruaud, Cl\u00e9ment B\u00e9nassy, and William Cruaud, N\u00e9olithe has developed an innovative process for the accelerated fossilization of waste. This technology transforms non-recyclable waste into aggregates while sequestering carbon long-term.<\/p>\n\n\n\n It offers an ecological alternative to traditional methods such as landfilling or incineration, halving the carbon footprint.<\/p>\n\n\n\n Thanks to these new funds, N\u00e9olithe will be able to accelerate the deployment of its first fossilization plants nationwide. Each industrial site will treat 100,000 tons of waste annually locally, contributing to a nationwide network for sustainable waste management at the regional level.<\/p>\n\n\n\n This scaling up will allow N\u00e9olithe’s technology, which represents a real revolution in waste treatment, to more actively contribute to the emergence of the circular economy in France. By drastically reducing the carbon footprint of the sector, it will play a key role in the ecological transition and the fight against climate change.<\/p>\n\n\n\n This fundraising marks an important step towards industrializing an environmentally-friendly sector.<\/p>\n\n\n\n Did you like this article? Share it!<\/p>\n\n\n\nN\u00e9olithe’s Revolutionary Technology<\/h3>\n\n\n\n
Deploying plants across the territory to accelerate the ecological transition<\/h3>\n\n\n\n