Startup · $156.8m raised
New South Wales based environmental technology company
Every investor coverage indicates participated in a round Calix raised.
| Investor | Rounds | Invested |
|---|---|---|
| ARENA | Grant | - |
| Australian Government | Grant · Grant | $15,000,000 |
| Australian Renewable Energy Agency | Grant · Grant | $45,847,035 |
| Carbon Capture Use and Storage (CCUS) Hubs and Technologies Program | Grant · Grant | $41,000,000 |
| Modern Manufacturing Initiative | Grant | $20,000,000 |
| Rio Tinto | Unnamed stage | $35,000,000 |
| the federal government | Grant · Grant · Grant | - |
| Western Australian government | Grant | - |
Companies Calix acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Calix. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Green360 reports its MKX cement substitute has now been used in over 3,500 cubic metres of concrete across Victorian infrastructure projects, with Holcim Australia and Eifers among purchasers and June-quarter sales of $3.3 million.
ARENA is giving PLS Group up to $38.1 million for a West Australian lithium processing demonstration plant that will trial Calix's electric-kiln technology to cut calcination emissions.
Australia's renewable energy agency is funding Calix's ZESTY demonstration plant with $44.9m, targeting low-hydrogen conversion of iron ore into low-carbon iron for greener steelmaking.
Also @AuManufacturing·RenewEconomy·RenewEconomy·RenewEconomy
Rio Tinto has signed a $35m-plus agreement backing Calix's green-iron demo plant in Western Australia, a project that earlier won an ARENA grant of as much as $44.9 million.
Also RenewEconomy
Weekly roundup of readers' five favourite stories: a hydrogen grant for 1414 Degrees, LS Precast's rail tunnel contract, AML3D's US Navy pact, quantum clock breakthrough, and Suntory Oceania's launch.
WA's government has awarded $34 million from its Investment Attraction Fund to three decarbonisation projects: a Pilbara Minerals–Calix lithium plant, POSCO and Port Hedland Iron's briquetted iron venture, and International Graphite's Collie expansion.
Calix has banked a $20 million raising from institutions, with a second offering for existing holders flagged, to push its cement, steel and lithium decarbonisation technologies toward market; partner Heirloom closed a US$150m round.
Seven organisations share federal grants under a carbon capture programme; named recipients include MCi Carbon, Novalith, Calix and KC8, whose award follows a $10 million raise backed by Woodside Energy and Cemex Ventures.
Vast Renewables and Mabanaft have signed a joint development agreement advancing Vast's South Australian solar methanol plant, with Mabanaft holding offtake rights and ARENA plus German government funding behind the project.
Vast Renewables and Germany's Mabanaft gain planning consent for the Solar Methanol 1 green methanol plant in South Australia; ARENA's $65 million backing and a German grant for Mabanaft are noted.
Vast Renewables' Port Augusta methanol plant has won planning approval; the article recalls February funding commitments from ARENA and a German government program for construction.
Calix will build its Leilac-2 carbon-capture cement plant at Heidelberg Materials' Ennigerioh site in Germany after Hannover ended clinker production; the piece also notes Australian projects with Adbri, Boral and Pilbara Minerals.
Vast Renewables and Mabanaft have finalised A$40m in government funding for their SM1 green methanol plant at Port Augusta: up to A$19.48m from ARENA, up to €12.4m via Germany's HyGATE program.
Also @AuManufacturing
Briefs roundup: Main Sequence adds Alison Deans as venture partner; Starpharma hands the CEO role to Cheryl Maley; DroneShield lands a $2.2 million repeat order; Q-CTRL will deliver quantum training with QUIN.
Main Sequence, CSIRO's deep tech venture fund, adds Cochlear chair Alison Deans as a venture partner, extending her investment committee service since 2017; its third fund brought in $450 million in July.
Calix and Pilbara Minerals report progress on their joint lithium demonstration plant in Western Australia, with a final investment decision expected around end of July and federal program support behind the project.
Vast Solar signed a letter of intent with Germany's Mabanaft covering potential offtake and equity in its Solar Methanol 1 plant, while ARENA's approved funding for the VS1 solar thermal project stands.
A UK government scheme has advanced a lime decarbonisation project using Calix's technology, which passed due diligence under an industrial carbon capture funding program alongside partners Tarmac and Calix subsidiary Leilac.
Calix's cement and lime decarbonisation subsidiary Leilac has signed an MOU licensing its electric kiln technology to direct air capture firm Heirloom, with both companies' chief executives commenting on the collaboration.
Render Networks appointed two new executives after doubling its workforce; the piece recalls IFM Investor's $40m majority investment from 2022.
ARENA awards Calix nearly a million dollars toward a study of hydrogen-based ironmaking, scoping a demonstration plant using its ZESTY technology to cut emissions in steel production.
Also @AuManufacturing·RenewEconomy·@AuManufacturing·@AuManufacturing
Climate Energy Finance analysts review Australian federal and state programs backing critical minerals projects, covering government grants, low-cost loans, new budget funds and the private equity raises and debt facilities they catalysed.
Pilbara Minerals and Calix have settled terms for a joint venture to demo a low-carbon lithium salt refining process, backed by a $20 million government grant; Calix separately holds an $11 million capture grant.
Calix received four government funding injections in one week: grants for low-emissions lime, lithium refining and carbon capture projects with Adbri, Pilbara Minerals and Boral, plus an R&D tax incentive refund, totalling $66.19 million.
The Australian government has granted cement maker Boral $30 million under its carbon capture program to assess Calix's emissions-capture technique, part of a wider pre-election round of grants.
Also @AuManufacturing
Calix's LEILAC-2 carbon capture project has passed its investment decision and will build a retrofit plant at HeidelbergCement's Hannover site, backed by EU Horizon 2020 grants, with construction expected from 2023.
Manufacturing roundup covering Hexagon's blue hydrogen plans, Tritium appointing a new COO, a Fortescue-Airbus green hydrogen alliance, and Calix gaining registration for its crop protection product.
Calix-backed SOCRATCES project is trialling calcium looping for concentrated solar power storage, using Calix kiln technology at a Seville pilot plant funded by the European Commission's Horizon 2020 scheme.