Team size: 51 - 200
Founders: Julie Kring, Madeleine Allen
Founded date: 2019
Company revenue: US$ < 1 million
Investors: IndieBio, SOSV, Techstars, Techstars Alabama Power EnergyTech Accelerator
Company stage: Other
We turn trash into chemicals to replace petrochemicals without sacrificing on cost or performance. The secret in making petrochemicals without the petroleum lies in our reactor - it uses high intensity focused ultrasound, which is more energy efficient and shortens reaction times in comparison to reactors that are used today. Our reactors are cheaper to build and operate, and can cut emissions in chemicals manufacturing by greater than half. With governments and Fortune 500 companies setting aggressive climate goals for 2050, the tide is changing in manufacturing. Companies will have to make significant upgrades to the basic infrastructure and materials they use if they hope to meet their targets. We are targeting agrochemicals, a 230 billion dollar market. Within that market, there are green surfactants, a 2.5B market, and alternatives to urethane coatings, a 45B market. With a huge edge on our competitors in regards to cost and sustainability, we can meet the growing demands and cash in on the increasing incentives for biobased products in agriculture.