Resilco, an modern CleanTech startup primarily based in Bergamo, at present introduced the closing of their €5 million Sequence A funding spherical to rework industrial waste into secondary uncooked supplies for the development sector, with CO2 storage.
The spherical was led by 360 Capital, by way of the ClimateTech fund 360 LIFE II, additionally supported by CDP Enterprise Capital by way of the Inexperienced Transition Fund – PNRR, and Tech4Planet.
Moreover, the spherical concerned the Parallel Fund LV 360, backed by Lombardia Enterprise, an initiative of the Lombardy Area funded with European assets from the PR FESR 21-27 and managed by Finlombarda.
This funding follows a 1.2 million euros spherical in 2023, led by Tech4Planet with the participation of companion FECS Expertise Srl.
“Decreasing landfill disposal, recovering waste, and reintroducing it into the market as recycled supplies with everlasting CO2 storage are three international challenges we’re tackling. We’re thrilled about this funding spherical because it allows us to develop and set up our expertise out there, providing a easy but efficient resolution to those urgent points whereas assembly the rising demand for sustainable and different industrial waste administration options”, explains David Callejo Munoz, CEO of Resilco.
Based in 2019 by David Callejo Munoz (CEO), Resilco welcomed new workforce members in 2023, together with Paolo Brazzo (Head of R&D), Alessandro Panza (Head of Engineering), and Marta Cecilia Pigazzini (Head of Enterprise Improvement). The workforce’s mission is to minimise waste disposal, cut back CO2 emissions, and protect pure assets, whereas creating financial worth.
Resilco has developed a expertise to rework sure kinds of industrial waste into secondary uncooked supplies to be used within the building business, together with the manufacturing of mortars, concrete, plasters, resins, and bitumen, with CO2 storage. The corporate operates with a workforce of about 10 individuals. Between 2023 and 2025, Resilco raised over €6 million throughout two funding rounds.
Resilco’s expertise able to processing and recovering varied kinds of alkaline industrial waste, resembling fly ash from waste-to-energy crops, metal slag from metal manufacturing, and flue fuel remedy mud from varied industries.
In line with Resilico, these waste supplies are primarily disposed of in landfills. Nonetheless, Resilco’s expertise allows the conversion of those supplies into priceless secondary uncooked supplies that, as soon as the Finish of Waste standing is achieved, may be launched to the market and utilized in sectors like building, all whereas storing CO2 and avoiding landfill disposal.
The expertise accelerates the pure carbonation course of (the place a substance, within the presence of CO2, kinds carbonates), immobilising hazardous parts current within the waste.
Resilico believes that one of many key advantages of this course of is its simplicity: it operates at ambient temperature and strain, requires CO2 as the primary reagent, and transforms waste into recycled supplies inside lower than an hour, prepared to be used within the manufacturing of assorted building supplies.
“Resilco is redefining industrial waste administration with its patented expertise that turns a price into a chance. Resilco’s expertise not solely drastically reduces the disposal prices of fly ash—leading to annual financial savings for utilities within the tens of hundreds of thousands of euros—but additionally generates new income streams and actively contributes to CO2 storage. It’s a sustainable, scalable, and extremely worthwhile enterprise mannequin. We’re excited to help the workforce of their progress and industrialization journey”, says Alessandro Zaccaria, Associate at 360 Capital.
Resilco marks the primary funding in Italy by the 360 LIFE II fund.
Resilco plans to make use of the capital raised to help its market progress, construct its first cell plant in 2026, and in 2027 set up their first industrial plant in Italy.
“Tech4Planet’s mission is to help conventional industries in changing into extra aggressive by introducing modern applied sciences with a powerful influence on sustainability and financial potential. On this context, we’re happy to see how Resilco, 18 months after our preliminary funding, has reached an necessary milestone in its progress journey. Our participation as a follower on this spherical reaffirms our dedication to supporting their progress and innovation,” feedback Claudia Pingue, Senior Associate and Head of the Expertise Switch Fund at CDP Enterprise Capital.