Dietikon ZH/Copenhagen – The Danish investor Medley Ventures is participating in a pre-series A financing round for Oxara. The Dietikon-based Oxara AG develops cement-free and low-CO2 binding agents.
(CONNECT) Medley Ventures from Copenhagen is participating in a pre-Series A financing round for the building materials manufacturer Oxara, based in Dietikon. Medley Ventures is the venture capital fund of the founders of To Good To Go, an initiative against food waste. The investor is convinced by the combination of technological innovation, industrial scalability and real-world applicability, according to a press release.
Oxara replaces CO2-intensive cement with circular binders generated from recyclable and previously unused construction waste. According to the press release, the company's products can be easily integrated into conventional construction operations. Oxara intends to use the fresh capital to accelerate product development, certification pathways and industrial partnerships to enable a broader market launch in Switzerland and international markets.
"What convinced us is the vision behind Oxara: engineering excellence, real industrial impact and credible hope for a better future of construction. By making cement obsolete and waste recyclable, they show that innovation can change the way we build," Mathias Christensen, co-founder and CEO of Medley Ventures, is quoted in the press release. Gnanli Landrou, CEO and co-founder of Oxara, sees the funding as a strong endorsement from a company that is effectively committed to sustainability.
Oxara intends to raise fresh capital of CHF 20 million by March 2026 as part of a Series A financing. ce/ww
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