Proxipel
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 |
---|---|---|---|---|
Revenues | 4.6m | 4.7m | 4.3m | 4.4m |
% growth | - | 1 % | (8 %) | 4 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
CHF100k | Debt | ||
N/A | Seed | ||
€50.0k | Grant | ||
* | N/A | Early VC | |
Total Funding | €50.0k |
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Recent News about Proxipel
EditProxipel is a forward-thinking startup focused on sustainable energy solutions, specifically in the production of biomass pellets. The company has developed an innovative mobile pellet production unit, which is essentially a pellet production line mounted on a truck trailer. This unique setup allows Proxipel to travel to various locations to convert woody biomass, often considered waste, into valuable pellets right where the biomass is found. This mobility is a game-changer, as it enables the company to process biomass that is available in small, scattered volumes, which would otherwise be too costly to transport to centralized processing plants.
Proxipel primarily serves clients in the renewable energy sector, including businesses and organizations looking to transition to more sustainable energy sources. The company operates in the broader market of renewable energy and waste management, focusing on energy transition, energy strategy, and the diversification of renewable energy production.
The business model of Proxipel revolves around providing on-site pellet production services. By bringing their mobile units directly to the biomass source, they reduce transportation costs and environmental impacts. Proxipel makes money by charging clients for the pelletizing service and selling the produced pellets, which comply with the ISO 17225 standard, a European quality benchmark.
Proxipel's recent third round of financing will help the company scale its operations and prepare for industrialization by 2025. This funding is crucial for supporting its growth and expanding its innovative approach to biomass pellet production.
In summary, Proxipel is revolutionizing the biomass pellet industry with its mobile production units, serving clients in the renewable energy sector, and contributing to a more sustainable economy.
Keywords: Biomass, Pellets, Renewable Energy, Mobile Production, Sustainability, Waste Management, Energy Transition, On-site Service, ISO 17225, Environmental Impact.