Solidec, a pioneer in clean chemical manufacturing, today announced it has raised $2+ million in pre-seed funding led by New Climate Ventures (NCV), with participation from Plug and Play Ventures, Ecosphere Ventures, Collaborative Fund, Safar Partners, Echo River Capital, and Semilla Climate Capital, among others.
Solidec’s breakthrough approach to chemical manufacturing replaces centralized infrastructure with modular, efficient on-site production using only air, water, and electricity. The company’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. The company 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 Eric Rubenstein, Managing Partner at New Climate Ventures. “We’re particularly excited about Solidec’s ability to produce many different widely used chemicals. It gives them critical flexibility to expand and serve a broad customer base.”
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, the company 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 Ryan DuChanois, Co-Founder and CEO of the company. “Solidec’s modular reactor produces clean chemicals like hydrogen peroxide on-site, in fewer steps, and with less energy, slashing emissions, supply-chain risk, and cost. We’re eager to deliver these capabilities to customers across the globe.”
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. The company’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 Haotian Wang’s lab at Rice University in 2024 and is based in Houston, Texas. The company is a recipient of the Activate Fellowship, a graduate of the Chevron Catalyst Program, and a member of Greentown Labs Houston.
Get in touch at www.solidec.com.
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