Homeostasis raises $1.2M to synthesize American-made graphite from waste CO2

Funds will enable reactor development and key technical hires in 2025.

TACOMA, Wash., March 17, 2025 /PRNewswire/ -- Homeostasis, an advanced materials startup in Washington state, announced today a successful Pre-Seed fundraise of $600,000 plus matching funds from the Washington Department of Commerce. Investments come from the Shakopee Mdewakanton Sioux Community, Kayak Ventures and angel investors.

Homeostasis addresses a critical vulnerability in America's industrial supply chain: our nation's dependence on foreign sources for high-purity engineered graphite. Graphite, which is essential to energy storage and nuclear technologies, is prerequisite to power infrastructure modernization in an era of skyrocketing demand. American competitiveness, energy independence and economic dynamism are exposed to graphite supply chain disruptions. Homeostasis technology enables domestic production of graphite with small, modular and portable electrochemical reactors.

The U.S. Departments of Defense and Energy have both designated graphite a critical mineral. Homeostasis has answered the call.

"CO2 doesn't have to be waste," said Co-Founder and Chief Science Officer Dr. Julien Lombardi. "We can strengthen our energy infrastructure by transforming excess carbon into an abundant feedstock. Homeostasis technology unlocks the productive potential of CO2 gas."

In addition to the strategic imperative to acquire graphite, many industrial organizations seek to capture their CO2 emissions on-site. Most point-source carbon capture solutions are complex to install and do not resolve the problem of long-term storage. Homeostasis flips this challenge into an opportunity by converting waste CO2 streams into graphite, and other sellable carbon materials, with a bolt-on solution that is quick to install.

"When speaking with customers who want to capture emissions, we've found that the pain points really come down to geopolitical risk, project development time, product lead time and cost." said Co-Founder and CEO Makoto Eyre. "Our technology stack resolves all of these problems with the single gesture of synthesizing critical materials from CO2. We are creating a domestic, fast-to-deploy and low-cost solution to the carbon materials bottleneck."

Media contact: Wesley Andrews, [email protected]

Click here to download the press kit, including an original infographic.

About Homeostasis

Homeostasis was founded in 2022 to make waste carbon useful. The company's novel process creates solid materials from CO2. Homeostasis produces carbon materials in the Pacific Northwest region of the United States, thanks to support from the Washington Department of Commerce and the Clean Energy Testbeds at the University of Washington. Homeostasis conducts original research at the City College of New York through a partnership with the ASRC CAT program. Learn more at www.homeostasis.earth.

About the Climate Commitment Act

Homeostasis is supported with funding from Washington's Climate Commitment Act. The CCA supports Washington's climate action efforts by putting cap-and-invest dollars to work reducing climate pollution, creating jobs, and improving public health. Information about the CCA is available at https://climate.wa.gov/washington-climate-action-work. Information about the Washington Department of Commerce is available at www.commerce.wa.gov.

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SOURCE Homeostasis