On 30 January 2025, the Swiss startup Oxyle AG announced a €12.7 million seed round to further develop its per-and polyfluoroalkyl substances destruction technology. This investment includes 360 Capital, Axeleo Capital, and returning investors Founderful and SOSV, representing its largest round to date. The European Commission’s update to both its Clean Water Drinking Directive and its Urban Wastewater Treatment Directive, underscored the importance of addressing PFAS pollution. Conventional water treatment methods struggle to effectively remove these contaminants without harmful by-products. Oxyle’s PFAS destruction technology claims to remove over 99% of 11 different PFAS compounds. Last year, the startup deployed its first full-scale, 10m3/day system to treat contaminated groundwater.
In this Research Note:
- PFAS restriction tightens in Northern Europe
- REACH proposal unlocks market investment across industry players
- Increasing litigation ratchets up pressure on PFAS-emitting industries
- Oxyle carves out position among larger integrated players
