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Fluoralpha raises $110M from Bank of Africa to build a facility for converting phosphate waste into materials for EV batteries and chips.

PRIVATEOct 02, 2025

Amount Raised

$110 Million

Round Type

Funding Round

Jorf LasfarManufacturingOil And Gas

Investors

Bank Of Africa

Description

Fluoralpha, a spinout of Mohammed VI Polytechnic University, has secured over $110 million to establish a large-scale facility for converting hexafluorosilicic acid into fluorine-based materials. The project is part of a broader $280 million investment plan aimed at producing vital materials for the semiconductor and lithium battery industries. CEO Jalil Skali highlighted the importance of this initiative in positioning Morocco as a key player in the green and digital industries. The investment aims to supply European gigafactories and enhance local industrial sovereignty.

Quick answer

Fluoralpha raised $110 Million in a Funding Round round, dated October 2, 2025. Investors: Bank Of Africa. Fluoralpha is based in Jorf Lasfar, Casablanca-Settat, Morocco.

How much did Fluoralpha raise?
Fluoralpha raised $110 Million in a Funding Round round on October 2, 2025.
Who invested in Fluoralpha?
Bank Of Africa is named as investors in this round.
What does Fluoralpha do?
Fluoralpha is a spinout of Mohammed VI Polytechnic University (UM6P) focused on transforming phosphate waste into valuable fluorine-based materials for electric vehicles and semiconductor industries.
Where is Fluoralpha based and how big is it?
Fluoralpha is based in Jorf Lasfar, Casablanca-Settat, Morocco. Fundz records about 14 employees.
Who are the decision-makers at Fluoralpha?
Fundz holds 2 contacts at Fluoralpha. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Oil And Gas and Manufacturing around the same time

Companies in the same sectors as Fluoralpha that raised within 45 days of this round, from Fundz verified event records.

  • Cactus raised $7M (Seed) on November 5, 2025.
  • Nabors Industries raised $700M (Debt Financing) on November 4, 2025.
  • Corvus Energy raised $60M (Series E) on October 9, 2025.
  • SeaWarm raised $741K (Seed) on September 30, 2025.
  • Daniel Measurement and Control raised an undisclosed amount on September 25, 2025.
  • ANYbotics raised an undisclosed amount (Corporate Round) on September 22, 2025.

Who to call at Fluoralpha, and when

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Company Information

Company

Fluoralpha

Location

Jorf Lasfar, Casablanca-Settat, Morocco

About

Fluoralpha is a spinout of Mohammed VI Polytechnic University (UM6P) focused on transforming phosphate waste into valuable fluorine-based materials for electric vehicles and semiconductor industries. The company aims to build a large-scale facility to produce anhydrous hydrofluoric acid and aluminum fluoride, contributing to Morocco's industrial independence. With significant investment, Fluoralpha aspires to support European manufacturing and promote technological advancement. Their efforts align with Morocco's strategy to leverage its vast phosphate reserves and become a key player in the global materials market.

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Fluoralpha raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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