NEOLIFE, founded in 2012 in France, develops eco-material solutions for construction professionals, including cladding, louvres (persiennes) and decking (terraces). Its flagship eco-material, VESTA, combines the naturalness of wood with mineral-strength reinforcements and contains up to 92% reinforced wood fibers sourced from sawmill waste. The wood waste is drawn from sustainably managed European forests and all components are described as virgin, contributing to a low carbon footprint and environmental value. VESTA includes technical reinforcements that provide resistance to humidity, insects and UVs, while delivering mechanical properties of lightness, flexibility and solidity that meet high standards for fire, impact, wind and seismic resistance. Financially, NEOLIFE recorded a €69k equity capital increase through the exercise of 2015 BSA warrants, issuing 690,751 new shares and bringing the total share count to 52,377,630. The company published a 2021 financial communication calendar with dates for 2020 revenue and results, quarterly revenue updates, an annual general meeting in June, and semiannual results in September.

Total raised

$84M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2021