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In The News 20 May 2021 EIT Climate-KIC supported Lixea (formerly Chrysalix Technologies) has received a €2 million investment from the European Innovation Council (EIC) Fund. The company has invented a process that uses waste materials and sustainable biomass to support a circular bioeconomy an alternative to today’s polluting and wasteful petrochemical industry. The funding will be used to reinforce the continued operation of Lixea’s plant and support process optimisation. Currently, society relies heavily on crude oil and products are discarded once used. Lixea is attempting to address these issues with a patented process that uses novel, low-cost and environmentally-friendly solvents known as ionic liquids to convert waste wood, agricultural by-products and sustainably-grown biomass into high-quality intermediates for sustainable chemicals, materials and fuels.

Krisztina kovacs schreinerFlorence gschwendMartin brunckoEuropean innovation council fundEuropean innovation councilFund investment committeeChrysalix technologiesClimate launchpadClimate impact battleஐரோப்பிய கண்டுபிடிப்பு சபை நிதிஐரோப்பிய கண்டுபிடிப்பு சபைநிதி முதலீடு குழுகாலநிலை ஏவூர்தி செலுத்தும் இடம்