FenX

FenX develops mineral foam insulation panels made from mineral waste, which the company describes as non-flammable (A1 fire class), recyclable and consisting of more than 98% air. The panels are installed in ETICS, ventilated façade, interior, timber-frame and ceiling applications, with installation steps described as cutting, mortar application, gluing and fastening.

The website presents the product as validated through pilot projects with key market players, and lists industrial production lines as its customer offering. The company's stated customers are construction and building-project stakeholders; the website does not specify revenue model details beyond product sales.

FenX AG is based in Turgi, Switzerland, and was founded in 2019 according to its roadmap. Its patent was granted in July 2023 by the Swiss Federal Institute of Intellectual Property, and the company reports a first factory commissioning planned for 2025. Current open positions include roles in Turgi, Baden (Switzerland) and Valencia (Spain).

Product: FenX Insulation Panel, a mineral foam building insulation panel made from mineral waste for façade, interior, timber-frame and ceiling applications.