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Emvolon Raises $1.5 Million Seed Funding To Evolve Distributed Chemical Production

Emvolon Raises $1.5 Million Seed Funding To Evolve Distributed Chemical Production

05/03/21, 12:06 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboston
Money raised
$1.5 million
Round Type
seed
Emvolon, a technology company developing a platform for distributed chemical production from resources that otherwise would be wasted, today announced a $1.5 million seed investment led by The Engine. The capital raised will fund building out the Emvolon team and creating a dedicated laboratory space for development of Emvolon’s platform that converts the wasted natural gas at flare sites into usable chemicals like methanol for use in a broad array of industrial applications or as a fuel.

Company Info

Company
Emvolon
Location
boston, massachusetts, united states
Additional Info
Emvolon is a technology company developing a platform for distributed chemical production from resources that otherwise would be wasted. Its platform converts wasted natural gas at flare sites into usable chemicals for use in a broad array of industrial applications or as a fuel. The team is reimagining mass-produced diesel engines as miniature chemical reactors that can efficiently and effectively provide communities the raw materials they need, without building massive refineries and chemical plants. The process enables economically attractive small plants by exchanging economies of mass production for economies of scale.