Bergamo – 19 March 2025

Resilco Srl - Società Benefit, an innovative startup based in Bergamo that has developed an innovative technology for the treatment of certain types of industrial waste, transforming it into secondary raw materials that can be used in the construction sector, with integrated CO2 storage, announces the closing of a 5 million euro Series A round. The round was led by 360 Capital, a European venture capital company, through its 360 LIFE II climate tech fund – also supported by CDP Venture Capital through the Green Transition Fund – which uses NRRP resources allocated by the EU through the NextGenerationEU initiative, and with the participation of the LV 360 Parallel Fund, supported by Lombardia Venture, an initiative of the Lombardy Region financed with European funds from the ROP ERDF 21-27 and managed by Finlombarda, which supports the growth and development of Lombardy start-ups with strong potential for technological innovation. The round also saw the participation of Tech4Planet, a national technology transfer hub promoted by CDP Venture Capital SGR for environmental sustainability. This round follows the 1.2 million euro round in 2023, which was led by Tech4Planet with the investments of partner FECS Technology Srl.

Last December 360 Capital announced the first closing of the 360 LIFE II fund at 140 million euro, with a final target of 200 million euro, through the involvement of industrial partners and institutional investors. The fund aims to invest in Series A and B rounds of European start-ups focused on energy transition, circular economy and urban sustainability. Resilco represents the first investment in Italy of the 360 LIFE II fund, confirming 360 Capital's commitment to supporting innovative businesses in these sectors in Italy.

Resilco will use the capital raised to support its growth in the market, build its first mobile plant in 2026, and in 2027 the first industrial plant in Italy for the recovery and transformation of certain types of industrial waste into secondary raw materials that can be used in sectors such as construction, with integrated CO2 storage.

Resilco was founded in 2019 in Bergamo by David Callejo Munoz (CEO). In 2023 he was joined by Paolo Brazzo (Head of R&D), Alessandro Panza (Head of Engineering) and Marta Cecilia Pigazzini (Head of Business Development), with the aim of minimising waste disposal, reducing CO2 emissions and preserving natural resources, while generating economic value.

Resilco has developed a unique technology capable of treating and recovering different types of industrial waste of an alkaline nature, such as fly ash from waste-to-energy plants, steel slag from steel production, and flue gas dust from various industrial sectors (e.g. ceramic production, glass). Today such waste is mainly disposed of in landfills, but the technology developed by Resilco will enable it to be transformed into valuable secondary raw materials that, after obtaining End-of-Waste status, can be placed on the market and used in sectors such as construction, production of mortars, concretes, plasters, resins and bitumen, at the same time storing CO2 and avoiding landfill disposal. In detail, Resilco's technology accelerates the natural process of carbonation (whereby a substance forms carbonates in the presence of carbon dioxide), immobilising the hazardous elements in the waste. One of the winning traits of the process is its simplicity: it operates at ambient temperature and pressure, requires CO2 as the main reagent, and in less than an hour transforms a waste into a recycled material that can then be used in the production of mortar, concrete, bitumen and more.

“The reduction of landfilling, the recovery of waste and its reintroduction to the market as recycled materials accompanied by permanent CO2 storage are three of the global challenges our society is dealing with. We are happy about the closing of this round because it allows us to grow and establish ourselves in the market, providing our technology that responds with one simple process to these three major challenges, while meeting the growing demand for alternative and sustainable solutions for industrial waste management”, explained, David Callejo Munoz, CEO of Resilco.

“Resilco redefines industrial waste management with a patented technology that turns a cost into an opportunity. Resilco's technology not only drastically reduces fly ash disposal costs – with annual savings for utilities in the order of tens of millions of euro – but also generates new sources of revenue and actively contributes to CO2 storage through a sustainable, scalable and highly profitable business model. We are excited to support the Resilco team on this path of growth and industrialisation”, said Alessandro Zaccaria, Partner at 360 Capital.

“Tech4Planet aims to support traditional industries in becoming more competitive through the introduction of innovative technologies with a strong impact on sustainability and economic potential. In this context, we are happy to see how Resilco has reached an important milestone in its growth path only 18 months after our first investment. Our participation as a follower in this round reaffirms our commitment to support its growth and innovation”, commented Claudia Pingue, Senior Partner and Manager of CDP Venture Capital's Technology Transfer Fund. 

For this transaction Resilco was assisted by the law firm Pavia&Ansaldo, with a team composed of partner Milena Prisco and associate Arianna Cortese for corporate law aspects and partner Valentina Simonelli for matters related to labour law. 360 Capital was assisted by the law firm K&L Gates with partner Paolo Rusconi, counsel Veronica Muratori and associates Mattia Maggioni and Lorenzo Fidanza, together with the law firm Jacobacci, with partner Valeria Croce.