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Start-ups

Syzygy raises $76 million for light-based catalysis

by Michael McCoy
November 20, 2022 | A version of this story appeared in Volume 100, Issue 41
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A Syzygy Plasmonics sign.
Credit: Syzygy Plasmonics

Syzygy Plasmonics has raised $76 million in series C funding from Carbon Direct Capital, Aramco, Chevron, Lotte Chemical, and other investors. The Houston-based firm was formed in 2017 based on Rice University professors Naomi Halas and Peter Nordlander’s research into using light instead of energy to advance chemical reactions. Syzygy, one of C&EN’s 10 Start-Ups to Watch in 2019, says it will deploy photocatalysts in a novel reactor to reduce emissions in chemical manufacturing. It plans to ship commercial reactors in 2023.

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