Xerolutions

Company specialized in the design, development, scale-up and production of high value porous material to the different target markets

Business Model:

Revenue: $0

Employees: 1-10

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Detailed Xerolutions Information

Geographic Data

Xerolutions headquarters map

Address:

City: Gijón

State: Asturias

Zip:

Country: Spain

Financial Info

Stage:

seed

Raised Last:

$26k

Raised Total:

$3M

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0Website Monthly Traffic

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Description

Xerolutions is a technology-based company established in 2011. It is a spin-off of the Spanish National Research Council (CSIC), which is the third largest in Europe and the largest public institution dedicated to research in Spain. Xerolutions technology is the result of more than 10 years of research under the scientific guidance of Dra. Ana Arenillas and Dr. J. Ángel Menéndez (founders of the company) specialized in porous materials and microwaves systems. Xerolutions has received SODECO award being one of the most prestigious in Asturias where it is recognized its innovative nature and its multiple applications. Xerolutions has also received an INNPACTO from Ministry of Science and Innovation (MICINN). TECHNOLOGY The Xerolutions TechnologyTM is based on an innovative synthesis method of porous materials within the use of microwaves, which has very remarkable improvements versus the current synthesis methods. The advantage of the technology lies in: -The great control of synthesis process (it allows to control the internal porous structure and shape) -The reduction of the production time of 90% and the decrease of the used energy. -A huge operative simplification. Xerolutions Technology together with our high expertise on microwaves also allow us to support our customers with proper solutions to incorporate microvaves in their industrial processes.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
8/2017 Seed Round 1 $499.8k BeAble Capital
BeAble Capital
1/2019 Seed Round 1 $26.2k BeAble Capital
BeAble Capital
8/2016 Pre Seed Round 1 $277.2k BeAble Capital
BeAble Capital
6/2015 Grant 1 $54.6k EASME - EU Executive Agency for SMEs
EASME - EU Executive Agency for SMEs
10/2016 Grant 1 $2.1M EASME - EU Executive Agency for SMEs
EASME - EU Executive Agency for SMEs
Announced Date Name Price

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