28-08-2020

Zeopore Technologies raises new capital to bring its novel zeolite catalyst technologies to market

Zeopore Technologies NV, a leading Belgian technology developer, active in the commercialization of cost-effective mesoporous zeolites for catalytic applications, is proud to announce that it has successfully concluded a new financing round, enabling to further grow the company in the coming years.

The proceeds will be used to intensify the commercialization of its technology platform for key refining and petrochemical processes, to expand its knowledge and equipment base for industrial catalytic testing and to pursue emerging opportunities in chemical conversion of plastic waste.

The investment round was led by Capricorn Partners with participations and continued support from existing shareholders Innovation Fund, Gemma Frisius Fund and KU Leuven. Wouter van de Putte and Rob van der Meij, of Capricorn Partners’ Sustainable Chemistry Fund recognize the value proposition and potential: “We are impressed with Zeopore’s unique approach of mesoporisation and significant commercial traction. We look forward to accelerating the scale up and market entry. Zeopore is also a great example of the innovation eco-system around the KU Leuven and we are proud to be part of that.”

Following successful validation trials for major refining processes, the company is now negotiating joint development and licensing agreements with major catalyst developers and refining companies around the world.

The Capricorn Sustainable Chemistry Fund, with a committed capital of € 86.5 million, is aiming to capture the growing opportunities emerging from novel feedstocks, innovative and sustainable processes, more performing functional materials and smarter use of precious raw materials. Capricorn invests in companies which combine sound financial returns with a material contribution to and a front-runner view on developments in sustainability and advanced materials, processes and products. The fund focuses on companies that are in or near revenue stage and provided that the technologies and products are disruptive and have the potential to significantly address global markets.

For more info, please contact Kurt Du Mong, CEO, kurt.dumong@zeopore.com