Solidec Raises Oversubscribed $2M Pre-Seed Round to Reinvent Chemical Manufacturing
Solidec's breakthrough approach to chemical manufacturing replaces centralized infrastructure with modular, efficient on-site production using only air, water, and electricity. Solidec's platform is powered by modular reactors capable of producing many widely used chemicals, including hydrogen peroxide, formic acid, acetic acid, and ethylene without any post-processing steps required. Solidec is initially focused on the production of hydrogen peroxide, a critical chemical used across industries from semiconductor fabrication and critical metal mining to wastewater treatment.
"We've known the Solidec team for almost two years and have developed a high degree of conviction in the team, their technology, and their go-to-market strategy," said
Solidec's platform technology is poised to disrupt the multi-billion-dollar commodity and chemical industries. The company has already secured early commercial customers, highlighting the demand for breakthrough technologies that rewrite the rules of chemical manufacturing. With these funds secured, Solidec will accelerate its go-to-market with a focus on pilot deployments and scaling its technology to meet customer-specific needs in multiple industries.
"Traditionally, hydrogen peroxide is produced in centralized, energy-intensive facilities using carbon-intensive inputs, then transported long distances, resulting in a significant carbon footprint," said
The chemical and petrochemical industries account for about 40 percent of industrial carbon emissions in the United States. Chemical separations alone – the post-processing steps Solidec eliminates – are responsible for 15 percent of global energy consumption. Solidec's technology is forging a path to emission-free molecules for the global chemical manufacturing industry, and creating opportunities to accelerate innovation in multiple other industries.
Solidec spun out from Professor
Get in touch at www.solidec.com.
ABOUT SOLIDEC
Solidec is the path to emission-free molecules, starting with hydrogen peroxide. Our breakthrough approach to chemical manufacturing replaces centralized infrastructure with modular, on-site production using only air, water, and electricity. Beyond hydrogen peroxide, Solidec modular reactors are capable of producing many widely used chemicals that together represent a pathway to abating over one gigaton of carbon emissions annually.
To learn more, visit www.solidec.com
ABOUT NCV
New Climate Ventures (NCV) is a venture capital firm investing in category-defining companies building our low-carbon future across industries. Based in
MEDIA CONTACT
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SOURCE Solidec
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