Tech Company Financing Transactions
Thiozen Funding Round
Thiozen, operating out of Pasadena, secured $3.2 million from Alberta Innovates and Emissions Reduction Alberta (ERA).
Transaction Overview
Company Name
Announced On
7/1/2024
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Undisclosed
Proceeds Purpose
Thiozen will use ERA funding to install its proprietary technology at a gas processing site in Alberta.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
2672 E Walnut St
Pasadena, CA 91107
USA
Pasadena, CA 91107
USA
Phone
Undisclosed
Website
Email Address
Overview
Thiozen is an MIT spinout and the first-ever company to commercialize a process that can produce hydrogen from sour gas waste streams. By developing a low-cost, low-emission method of producing hydrogen, Thiozen helps meet the energy industry's growing demand for clean, affordable hydrogen. Thiozen recently validated its technology in an in-field pilot unit in the Permian Basin.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
William Green
President
Ryan Gillis
Vice President
Ajay Bawa
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