Syzygy Plasmonics, a Houston, TX-based technology company developing high performance photocatalyst, raised $5.8m in Series A funding.
The round was co-led by The Engine and by The GOOSE Society of Texas, with participation from previous investor Evok Innovations and angel investors from the Creative Destruction Lab program and the Houston area.
The company intends to use the funds to develop its platform for clean chemical manufacturing.
Founded in 2017 by Trevor Best, CEO, and Suman Khatiwada, CTO, Syzygy is advancing a new photocatalytic chemical reactor powered by light from renewable electricity instead of heat from burning fuel. Based upon two decades of breakthrough research from world-renowned professors Naomi Halas and Peter Nordlander at Rice University, the company’s photocatalytic reactor aims to innovate the industrial gas, chemical, and energy industries by reducing the cost and carbon emissions in the production process for a wide range of major chemicals such as fuel, fertilizer, and plastic.
the photocatalysts are orders of magnitude more active, stable, and efficient than previous photocatalysts.
FinSMEs
20/08/2019