Oxyle is a technology company.
Oxyle has raised $19.0M across 2 funding rounds.
Oxyle has raised $19.0M in total across 2 funding rounds.
Oxyle has raised $19.0M in total across 2 funding rounds.
Oxyle's investors include 360 Capital Partners, Accel, Atomico, Axeleo Capital, Bond, Cherry Ventures, Aniq Kassam, Founderful, Lightspeed Venture Partners, Northzone, SOSV, XAnge.
Oxyle is a Swiss deeptech startup founded in 2020 that develops breakthrough catalytic destruction technology to permanently eliminate PFAS ("forever chemicals") from contaminated water.[1][2][3][5] It serves industrial and environmental remediation companies tackling water pollution in sectors like chemicals, agrochemicals, pharmaceuticals, plastics, and groundwater remediation, solving the critical problem of PFAS contamination—which persists in water, soil, and everyday products—by destroying even short- and ultrashort-chain compounds to below detection limits without secondary waste.[3][4][6] With 15x lower energy use than competing destructive treatments, Oxyle offers the most cost-effective, sustainable solution, having raised $26M total funding (including $16M in 2024 and $3M pre-seed) and deploying its first system in Switzerland while targeting 100 million m³ of treatment in five years.[1][3][5]
The company engineers tailored PFAS treatment systems integrating separation, elimination via photochemical reduction, and real-time monitoring, customized to site-specific water matrices, PFAS profiles, and compliance needs for seamless integration with existing infrastructure.[4][6]
Oxyle was founded in 2020 by scientists Fajer Mushtaq and Silvan Staufert while they were researchers at ETH Zurich, the Swiss Federal Institute of Technology.[3][5] Inspired by the growing PFAS crisis—chemicals discovered in the 1930s for their grease- and water-resistant properties but now ubiquitous pollutants in clothing, cookware, cosmetics, and more—the duo developed a nanoporous piezoelectric catalyst that adsorbs PFAS and breaks it down into harmless minerals using reductive and oxidative species.[3][5]
Early traction came swiftly: pre-seed funding of $3M in 2020, Innosuisse support, and selection for programs like Venturelab and Scale-up Coaching.[1] Milestones include securing $16M in 2024, deploying Switzerland's first PFAS destruction system, multiple awards (e.g., Swiss Technology Award finalist, Green Business Award), and partnerships for market launch, humanizing their mission to protect water "down to the last drop."[1][3]
Oxyle rides the global PFAS regulation wave, with tightening bans (e.g., EU, US) driving demand for destruction tech amid rising awareness of health and environmental risks from these persistent micropollutants.[3][5] Timing is ideal: post-2020 funding boom for climate tech, Swiss deeptech ecosystem support (Venturelab, Innosuisse), and SOSV backing amplify scale.[1][2] Market forces like industrial compliance needs in high-PFAS sectors (chemicals, pharma) and groundwater cleanup favor Oxyle, influencing the ecosystem by enabling "PFAS-free" water treatment and setting efficiency benchmarks that pressure incumbents.[1][4][6]
Oxyle is poised for explosive growth, scaling deployments globally with its first-mover edge in efficient, versatile PFAS destruction—potentially treating 100 million m³ in five years amid stricter regs and $multi-billion remediation markets.[5] Trends like AI-optimized monitoring, broader short-chain focus, and circular economy mandates will propel it, evolving its influence from Swiss innovator to global standard-setter in water restoration tech. As PFAS scrutiny intensifies, Oxyle stands to protect waters down to the last drop, transforming a pollution crisis into sustainable business opportunity.[1][3]
Oxyle has raised $19.0M across 2 funding rounds. Most recently, it raised $16.0M Seed in January 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2025 | $16.0M Seed | 360 Capital Partners, Accel, Atomico, Axeleo Capital, Bond, Cherry Ventures, Aniq Kassam, Founderful, Lightspeed Venture Partners, Northzone, SOSV, XAnge, Dr. Cedric Duvinage, Oskar Hartmann, Oskar Hjertonsson | |
| Dec 1, 2022 | $3.0M Seed | 360 Capital Partners, Accel, Axeleo Capital, Bond, Cherry Ventures, Founderful, Lightspeed Venture Partners, Northzone, SOSV, XAnge, Dr. Cedric Duvinage, Oskar Hartmann, Oskar Hjertonsson |