Tech Company Financing Transactions
Copernic Catalysts Funding Round
Copernic Catalysts closed a $8 million Seed financing round on 11/13/2024. Backers included Breakout Ventures, Engine Ventures and Future Ventures.
Transaction Overview
Company Name
Announced On
11/13/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to scale its ammonia synthesis catalyst to the kg-scale and to expand beyond that work with its exclusive research partner, Schrödinger, to develop a second catalyst target for the Fischer-Tropsch syngas-to-sustainable aviation fuel (SAF), thereby improving the carbon footprint of the aviation industry.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
Cambridge, MA Undisclosed
USA
Cambridge, MA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Copernic designs novel catalysts for zero-carbon chemicals and e-fuels. We marry the practical with the visionary to create solutions that are: Economic, Rapidly scaleable, Compatible with existing industry infrastructure. We are initially, focused on reducing, the cost of Zero-carbon ammonia.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jacob Grose
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