Xerolutions
closedCompany specialized in the design, development, scale-up and production of high value porous material to the different target markets.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
€20.0k | Seed | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 198 % | 119 % |
| EBITDA | 0000 | 0000 | 0000 |
| % EBITDA margin | 10 % | 16 % | (19 %) |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | 5 % | 8 % | (40 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Xerolutions operates as a manufacturer of nano-porous organic materials, aiming to enhance super-capacitor operations. The company was founded in 2011 and is headquartered in Gijon, Spain.
The core of Xerolutions' business is a synthesis method for porous materials that utilizes microwaves. This approach is positioned as a significant improvement over conventional synthesis methods, offering better control over the process. The intended benefit for industrial clients is the efficient integration of microwaves into their manufacturing processes.
Throughout its history, Xerolutions has gone through several funding and development stages. The company secured an early-stage venture capital investment of $66.7K in September 2013 and received a grant in December of the same year. By October 2015, it had entered an accelerator/incubator program and was generating revenue. Total funding raised amounted to $349K. However, the company's trajectory appears to have concluded with a liquidation bankruptcy event in February 2019.
Keywords: nano-porous materials, super-capacitors, porous materials synthesis, microwave synthesis, industrial materials, advanced materials, Gijon, Spain, energy storage components, material science, nano materials manufacturing, industrial processes, chemical synthesis