News Summary

• Dioxycle is a carbon transformation startup that is working on a new process to produce ethylene at scale using recycled carbon emissions
• Ethylene is used in packaging clothing PVC based sewage pipes car interiors and more and the company recently raised a million funding round
• Originally based in France the startup wants to work with both French and American clients
• With today s funding round the company plans to roll out its first industrial prototype in a factory
• The startup could also receive some public funding in the near future in addition to the fundinground the industrial prototype could be co financed as a public private partnership