Brisil raises pre-Series A to scale silica made from rice husk ash
What's the deal? Brisil TechnologiesDealroom has a profile for this one. Try Dealroom →, a Gujarat-based advanced materials company, has raised a pre-Series A round led by Peak Sustainability VenturesDealroom has a profile for this one. Try Dealroom →. The company did not disclose the amount. Other investors include 1CrowdDealroom has a profile for this one. Try Dealroom →, Fondation BotnarDealroom has a profile for this one. Try Dealroom →, Sanyo TradingDealroom has a profile for this one. Try Dealroom →, and Momentum CapitalDealroom has a profile for this one. Try Dealroom →.
What's the endgame? BrisilDealroom has a profile for this one. Try Dealroom → converts rice husk ash — a byproduct of burning rice husk — into precipitated silica, the material used in tyres, rubber, footwear, toothpaste, paints, and coatings. It sells the powder and micro-pearl product to customers in India, Southeast Asia, and Europe, including AdidasDealroom has a profile for this one. Try Dealroom →, DecathlonDealroom has a profile for this one. Try Dealroom →, and tyre manufacturers.
Why now? The company, founded by Tanmay Pandya in 2016, plans to use the funds to increase production capacity, expand its team, and develop new products.
The signal: Brisil says its process yields silica with up to 65% lower embodied carbon than the conventional version, which relies on mined quartz and silica sand. The bet: industrial buyers will pay for a lower-carbon input to established supply chains, turning agricultural waste into a scalable materials business.
Read more: bwdisrupt.com
Image credit: lamoix