Resilco, an innovative CleanTech startup based in Bergamo, today announced the closing of their €5 million Series A funding round to transform industrial waste into secondary raw materials for the construction sector, with CO2 storage.
The round was led by 360 Capital, through the ClimateTech fund 360 LIFE II, also supported by CDP Venture Capital through the Green Transition Fund – PNRR, and Tech4Planet.
Additionally, the round involved the Parallel Fund LV 360, backed by Lombardia Venture, an initiative of the Lombardy Region funded with European resources from the PR FESR 21-27 and managed by Finlombarda.
This funding follows a 1.2 million euros round in 2023, led by Tech4Planet with the participation of partner FECS Technology Srl.
“Reducing landfill disposal, recovering waste, and reintroducing it into the market as recycled materials with permanent CO2 storage are three global challenges we are tackling. We are thrilled about this funding round as it enables us to grow and establish our technology in the market, offering a simple yet effective solution to these pressing issues while meeting the increasing demand for sustainable and alternative industrial waste management solutions”, explains David Callejo Munoz, CEO of Resilco.
Founded in 2019 by David Callejo Munoz (CEO), Resilco welcomed new team members in 2023, including Paolo Brazzo (Head of R&D), Alessandro Panza (Head of Engineering), and Marta Cecilia Pigazzini (Head of Business Development). The team’s mission is to minimise waste disposal, reduce CO2 emissions, and preserve natural resources, while creating economic value.
Resilco has developed a technology to transform certain types of industrial waste into secondary raw materials for use in the construction industry, including the production of mortars, concrete, plasters, resins, and bitumen, with CO2 storage. The company operates with a team of about 10 people. Between 2023 and 2025, Resilco raised over €6 million across two funding rounds.
Resilco’s technology capable of processing and recovering various types of alkaline industrial waste, such as fly ash from waste-to-energy plants, steel slag from steel production, and flue gas treatment dust from various industries.
According to Resilico, these waste materials are primarily disposed of in landfills. However, Resilco’s technology enables the conversion of these materials into valuable secondary raw materials that, once the End of Waste status is achieved, can be introduced to the market and used in sectors like construction, all while storing CO2 and avoiding landfill disposal.
The technology accelerates the natural carbonation process (where a substance, in the presence of CO2, forms carbonates), immobilising hazardous elements present in the waste.
Resilico believes that one of the key benefits of this process is its simplicity: it operates at ambient temperature and pressure, requires CO2 as the main reagent, and transforms waste into recycled materials within less than an hour, ready for use in the production of various construction materials.
“Resilco is redefining industrial waste management with its patented technology that turns a cost into an opportunity. Resilco’s technology not only drastically reduces the disposal costs of fly ash—resulting in annual savings for utilities in the tens of millions of euros—but also generates new revenue streams and actively contributes to CO2 storage. It’s a sustainable, scalable, and highly profitable business model. We are excited to support the team in their growth and industrialization journey”, says Alessandro Zaccaria, Partner at 360 Capital.
Resilco marks the first investment in Italy by the 360 LIFE II fund.
Resilco plans to use the capital raised to support its market growth, build its first mobile plant in 2026, and in 2027 establish their first industrial plant in Italy.
“Tech4Planet’s mission is to support traditional industries in becoming more competitive by introducing innovative technologies with a strong impact on sustainability and economic potential. In this context, we are pleased to see how Resilco, 18 months after our initial investment, has reached an important milestone in its growth journey. Our participation as a follower in this round reaffirms our commitment to supporting their growth and innovation,” comments Claudia Pingue, Senior Partner and Head of the Technology Transfer Fund at CDP Venture Capital.
