Deal Ticker: Kellerhals Carrard advised Oxyle AG in its Seed Financing Round of $16M
Good news for the environment, clean water, and human health 🌎💧 – bad news for “forever chemicals” (PFAS)
ETH Zürich cleantech spin-off company Oxyle closed its $16 million seed financing round led by 360 Capital and featuring Axeleo Capital (AXC) and returning investors Founderful and SOSV.
Oxyle, launched by a powerful founder team consisting of Fajer Mushtaq and Silvan Staufert, developed a new PFAS Destruction Technology that destroys micropollutants, breaking them down into completely harmless molecules through a process of oxidization – unlike traditional treatments that just filter out or capture these harmful chemicals.
We are pleased to have advised the company on all aspects of this financing round by a team led by Dario Silberschmidt (Corporate/VC/M&A) and comprising Michèle Remund (Tax), associate Marine Jorio (Corporate/VC/M&A) and Melissa Wiss (Corporate/VC/M&A).
Fajer Mushtaq, CEO of Oxyle: "The KC team around Dario has been a trusted partner since our early days, offering thoughtful, pragmatic, and business-minded guidance with a thorough understanding of our needs and challenges. Their support in navigating this financing round ensured a smooth and efficient process, and we truly appreciate their expertise and collaborative approach! "
Congratulations to the founders and the entire team of Oxyle on this milestone! We are looking forward to witnessing what comes next on your growth journey.