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Xeros
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Short description

Developer of polymer-based textile cleaning systems that eliminate much of the water usage from laundry

Founded in
Founded in

Company type Public Public (XSG.L)
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom Rotherham, United Kingdom
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Updated by Cleantech Group on 06/24/2024

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Date Company
Partnerships
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Date Partner Type
05/13/2013
BASF BASF
The two companies will jointly develop polymer beads based on engineering plastics that will increase the cleaning power in laundry applications.
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Confirmed by BASF
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Investment Rounds
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IPO INFORMATION

Date

02/21/2014

IPO status

Listed

IPO Type

IPO

Amount

$133M

Initial shares

65073549

Ticker symbol

XSG.L

Exchange listed

London Stock Exchange (AIM)

Prospectus URL

Prospectus

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Description

Xeros announced the admission to trading on AIM of its entire issued ordinary share capital, and the commencement of dealings. The company is seeking to roll out its technology into the commercial laundry market and to fund R&D.

Date Investors Type Amount
06/19/2024 (0)
Post-money valuation of
Funding will be used to execute its current contracts and expand global opportunities.
Follow-on Public Offering $136,059
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