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Syzygy Plasmonics Inc. announced it raised $6.77 Million in an initial filing from an offering of $7.27 Million

Aug 19, 2019almost 6 years ago

Amount Raised

$6.77 Million

HoustonOther

Company Information

Company

Syzygy Plasmonics

Location

9000 KIRBY DR.

Houston, Texas, United States

About

Syzygy Plasmonics is commercializing a radical new technology developed at Rice University. Our technology enables us to turn traditional catalysts into high efficiency photocatalysts. This conversion allows us to produce chemical reactors that are powered by light instead of burning fuel and operate at up to 1,000 degrees Fahrenheit lower temperature than conventional chemical reactors. Through this we can dramatically reduce the cost of chemicals produced while simultaneously reducing emissions associated with their production. Currently we are capable of performing multiple different chemical reactions and plan to enter the market with photocatalytic steam methane reforming to generate hydrogen gas. Hydrogen gas made through our process will reduce costs for industry and also help enable the expansion of the hydrogen fuel cell vehicle market.

FundzWatch™ Score

83
Medium Activity

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