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Duralex Crowdfunding Draws About €20 Million in Pledges, Quadrupling Its Target

Pledges remain non-binding pending a formal subscription phase later in November.

Overview

  • More than 21,000 people reserved an investment in the employee-owned glassmaker through an online platform within roughly 48 hours.
  • The offer uses a hybrid security between equity and debt with a €100 minimum and a €1,000 per-person cap, advertising 8% annual returns over seven years.
  • Company materials stress that the instrument carries risk and that current pledges are not collected until subscribers confirm during the upcoming window.
  • Duralex says proceeds will fund new molds, a new machine, and productivity and safety upgrades at its Orléans factory.
  • The firm, rescued as a cooperative in 2024, projects about €33 million in 2025 revenue, with break-even around €35 million and a longer-term goal of €39 million by 2030.