Investor joins circular building materials developer
Danish investor Medley Ventures is participating in a pre-Series A financing round for Oxara. Dietikon-based Oxara AG develops cement-free and low-carbon binding agents.
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 ofTo Good To Go, an initiative against food waste. According to a press release, the investor is convinced by the combination of technological innovation, industrial scalability and real-world applicability.
Oxara replaces CO2-intensive cement with circular binders generated from recyclable and previously unused construction waste. The company’s products can be easily integrated into conventional construction operations, according to the press release. Oxara intends to use the fresh capital to accelerate product development, certification pathways and industrial partnerships, enabling a broader market launch in Switzerland and international markets.
“What convinced us was the vision behind Oxara: engineering excellence, real industrial impact and credible hope for a better future in construction. By making cement redundant and turning waste into a valuable resource, they are demonstrating that innovation can change the way we build,” Mathias Christensen, co-founder and CEO of Medley Ventures, is quoted as saying in the press release. Gnanli Landrou, CEO and co-founder of Oxara, sees the financing as strong endorsement from a company that is effectively committed to sustainability.
As part of a Series A financing round, Oxara aims to raise CHF 20 million in fresh capital by March 2026.