Financials

Estimates*

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Revenues, earnings & profits over time
EUR2019202120222023
Revenues-<1m<1m<1m
% growth--104 %160 %
Profit(<1m)(1.6m)(6.2m)-
% profit margin-(11240 %)(21898 %)-
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DateInvestorsAmountRound
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N/A

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N/A

Spinout
*

€2.5m

Seed
*

€20.0m

Series A
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€60.0m

Series B
Total Funding€82.5m

Recent News about Néolithe

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More about Néolitheinfo icon
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Neolithe is a French startup that has developed an innovative solution for the treatment of non-recyclable, non-inert, and non-hazardous waste. The company operates in the waste management market, serving a broad range of clients, including businesses and municipalities that generate waste.

Neolithe's unique approach involves a process known as Accelerated Fossilization. This process transforms waste into a new construction material called Anthropocite®. This material can be used in non-structural concrete or asphalt aggregate, providing an alternative to natural aggregates from quarries. The process also sequesters more carbon than it emits, effectively reducing the carbon footprint of waste management by approximately 200%.

The company's business model is based on the sale of Anthropocite® to the construction industry. This not only provides a revenue stream but also contributes to a circular economy by turning waste into a valuable resource. Moreover, the use of Anthropocite® in construction has a positive environmental impact, as it acts as a carbon sink, preventing the degradation of biogenic materials contained in construction waste.

In summary, Neolithe is a forward-thinking company that has found a sustainable and profitable solution to the global waste management problem. Its innovative approach not only reduces the environmental impact of waste but also creates a new, eco-friendly construction material.

Keywords: Waste Management, Accelerated Fossilization, Non-Recyclable Waste, Carbon Sequestration, Construction Material, Anthropocite®, Carbon Footprint, Circular Economy, Environmental Impact, Sustainable Solution.

Tech stack

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