In Washington state, Homeostasis announced a successful Pre-Seed fundraise of $600,000 plus matching funds from the Washington Department of Commerce. Investments come from the Shakopee Mdewakanton Sioux Community, Kayak Ventures and angel investors.
Homeostasis addresses a critical vulnerability in America’s industrial supply chain: our nation’s dependence on foreign sources for high-purity engineered graphite. Graphite, which is essential to energy storage and nuclear technologies, is prerequisite to power infrastructure modernization in an era of skyrocketing demand. Homeostasis technology enables domestic production of graphite with small, modular and portable electrochemical reactors.
In addition to the strategic imperative to acquire graphite, many industrial organizations seek to capture their CO2 emissions on-site. Most point-source carbon capture solutions are complex to install and do not resolve the problem of long-term storage. Homeostasis flips this challenge into an opportunity by converting waste CO2 streams into graphite, and other sellable carbon materials, with a bolt-on solution that is quick to install.
Tags: CO2, Homeostasis, Washington State
Category: Fuels
