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Recently Funded|Amount: USD 11.0M|Industry: Manufacturing
MOXY OID Secures $11 Million in Series A Funding for Revolutionary Mineralized Building Material Cerlos
MOXY OID

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MOXY OID is excited to announce that it has successfully raised $11 million in its latest funding round, earmarked for the commercialization of its groundbreaking building material, Cerlos. As the world’s premier R&D group specializing in the innovative mineralization of natural fibers, MOXY has developed a proprietary, low-energy manufacturing process that transforms low-value lignocellulosic wood and agricultural plant fibers into a super-material. Cerlos stands out in the construction industry with its remarkable attributes: it is fire, mold, water, and termite-resistant, and it costs significantly less than comparable products on the market. This innovative process not only produces durable building materials but also sequesters carbon permanently, helping to create a truly CO2-negative manufacturing cycle. The recently raised funds will enable MOXY to scale its successful pilot line and sharpen its focus on the home siding market, delivering a product that is 20% to 40% cheaper than competing fiber cement materials while maintaining superior performance characteristics. Cerlos is not only versatile and easy to work with—able to be cut, nailed, and painted like traditional wood—but it's also non-toxic, avoiding the health risks associated with cutting fiber cement. Moreover, the unique DNA tagging embedded within Cerlos ensures it can be redirected for reuse or placed into a recycling stream, contributing to a circular economy. With the fresh capital injection, MOXY OID is poised to revolutionize the construction landscape with Cerlos, paving the way for a more sustainable and economically viable future in building materials.
Buying Signals & Intent
Our AI suggests MOXY OID may be interested in solutions related to:
- Eco-Friendly Production
- Innovative Construction Solutions
- Carbon Negative Materials
- Fire Resistant Products
- Termite Resistant Products
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