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New Iridium Raises $2.65M in Seed Funding to Accelerate Sustainable Chemical Platform.
Amount Raised
$2.65 Million
Round Type
Seed
Fort CollinsManufacturingBiotechnologyEnergyRenewable EnergyDescription
New Iridium, a sustainable chemical innovation company, announced it has raised $2.65 million in seed financing. This funding will be used to accelerate the development of its low-cost and low-carbon platform technology and to construct an industrial pilot facility. The facility will validate process scalability for producing bio-based acetic acid and ethyl acetate. New Iridium's efforts are underscoring their commitment to delivering sustainable replacements for fossil-derived chemicals.
Fundz sees it the moment New Iridium raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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New Iridium raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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