Otium Capital led a €60m funding round in Neolithe.

Otium Capital, a venture capital investment firm, led a €60m funding round in Neolithe, a company developing a fossilization process for the transformation of non-recyclable, non-inert and non-hazardous waste into mineral aggregates, with participation from Credit Mutuel Impact, Tivoli Capital Investment and Rgreen Invest. The new funding will enable the Anjou-based start-up to speed up the implementation of its first waste treatment plants using “Accelerated Fossilisation”.