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SOLUMIX Concludes First Fundraising

 SOLUMIX has reached its first ­major fundraising raising nearly EUR 600 000 which will allow the company to continue its rapid growth in the market for eco-insulating building materials.

Based in Limoges, the SOLUMIX brand was founded in 2012 by Richard Gaignon and Christophe Chaput, both entrepreneurs and ceramics engineers. The company has developed a new insulating material, based on natural raw materials. Freestanding and insulating, compression-resistant, fireproof and light, the new material combines special properties opening new opportun­ities in many applications, especially in the development of new all-in-one constructive solutions (for example insulating load-bearing elem­ents and decoration). At first, SOLUMIX focused on the incorpor­ation of the insulating material in bricks, based on its excellent compatibility with clay. This first fundraising was conducted among private investors: a company part of CAC 40 benchmark French stock market index, CERIC Technol­ogies, Ornalys and Grand Sud-Ouest Capital, Christophe Chaput, Richard Gaignon and Jean Merienne. The funds will also be allocated to the design of a pilot line for production and insertion of the new material in building materials.

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