Imperial spinout Nanomox closes £2.4m seed round
Imperial spinout company Nanomox secured £2.4 million worth of seed funding, the earliest stage of startup financing, for their materials recycling technology.
Nanomox produces materials – chiefly oxides of metals such as zinc – that it extracts from waste sources using a prorietary process involving ionic liquids. Ionic liquids are considered to be more environmentally friendly than the organic solvents used industrially, and Nanomox says its technology is scalable and cost effective. The oxides obtained have applications in fields such as cosmetics and electronics.
The company was founded in 2020 by Francisco Malaret, then a PhD student within the Department of Chemical Engineering. It will use its seed funding, a mix of equity and grants, to establish first commerical pilot plant. “If you’re interested in partnering, piloting, or joining the team, we’d love to hear from you,” Nanomox posted to its LinkedIn.
