Oxolutia

Oxolutia

closed

Coated conductors for sustainable development.

HQ location
Barberà del Vallès, Spain
Launch date
Employees
Enterprise value
$1—2m
Company register number
B65326175
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DateInvestorsAmountRound
-investor

€0.0

round
*

€300k

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR201520162017201820192020
Revenues000000000000000000000000
% growth-(76 %)1257 %(30 %)11 %(82 %)
EBITDA000000000000000000000000
% EBITDA margin1190 %1790 %134 %178 %(20 %)(4567 %)
Profit000000000000000000000000
% profit margin317 %(1224 %)57 %(39 %)(332 %)(4682 %)
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Company filings or news article

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More about Oxolutia
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Oxolutia S.L. operates as a technology-based firm specializing in advanced materials within the fields of superconductivity and nanotechnology. Founded in 2010 as a spin-off from the Institute of Materials Science of Barcelona (ICMAB-CSIC), the company was established by a team of researchers with international recognition in superconductivity: Xavier Obradors, Teresa Puig, Xavier Granados, Susagna Ricart, and Alberto Calleja, who also serves as the CEO.

The core of Oxolutia's business is the development and scaling of functional oxides manufactured through cost-effective chemical solution methodologies, such as inkjet printing. This approach is central to its main product line: second-generation high-temperature superconducting tapes. These tapes are designed to improve energy efficiency, with applications like building more efficient high-power wind turbines and preventing power grid blackouts during peak demand. A significant milestone was achieved in 2017 with the production of 10-meter-long tapes in a continuous reel-to-reel mode, and by 2018, the material's performance had been substantially improved. The company's mission is to scale this technology for producing kilometer-length tapes to meet industrial demand.

In addition to superconductors, Oxolutia is developing oxide-based solar cells using low-cost 3D printing, aiming to increase the profitability of solar energy generation. The company generates revenue through product sales and private research contracts, serving clients primarily in Germany, Israel, and the United States. Oxolutia has secured funding from venture capital, including a €300,000 investment from Victoria Venture Capital in 2016, and has metallurgical group La Farga as a shareholder. The firm has also entered into research agreements, such as a contract with BSH Spain to enhance materials performance in the R&D phase. Although PitchBook lists the company as 'Out of Business' as of January 2020, active patents were noted after this date.

Keywords: advanced materials, superconductivity, nanotechnology, functional oxides, second-generation superconductors, high-temperature superconducting tapes, chemical solution deposition, inkjet printing, energy efficiency, solar cells, ICMAB spin-off, materials science, reel-to-reel manufacturing, coated conductors, clean technology, renewable energy components, power grid stability, 3D printed solar cells, La Farga, BSH Spain

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