Kemvera develops and produces sustainable, drop-in chemicals derived from bio-based sources to help brand owners reduce their carbon footprint. The company offers bio-acetic acid and bio-ethyl acetate as affordable replacements for fossil-based products in various industrial applications. These bio-based chemicals enable customers to achieve significant emissions reductions while maintaining product performance.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Chemical and pharmaceutical manufacturing processes often rely on traditional catalysts that require high temperatures and generate significant waste, leading to increased energy consumption and environmental impact. These methods can be inefficient and costly, hindering the development of more sustainable and scalable production techniques.
Solution
New Iridium provides a photocatalysis platform that leverages light-activated catalysts to drive chemical reactions with greater efficiency and precision. By harnessing light energy, the platform reduces the need for high temperatures and minimizes waste generation, offering a more sustainable approach to chemical and pharmaceutical manufacturing. The technology enables the development of novel synthetic routes, reduces reaction times, and improves product yields, ultimately lowering production costs and environmental footprint. New Iridium's platform allows for precise control over reaction pathways, leading to higher selectivity and fewer unwanted byproducts.
Target Audience
The primary target audience includes chemical and pharmaceutical companies seeking to improve the sustainability and efficiency of their manufacturing processes, as well as research institutions exploring novel catalytic methods.
Features
- Light-activated catalysts that operate at lower temperatures, reducing energy consumption
- Enhanced reaction efficiency and selectivity, leading to higher product yields
- Reduced waste generation through optimized reaction pathways
- Customizable reactor designs tailored to specific chemical processes
- Real-time monitoring and control of reaction parameters via a software interface
- Compatibility with a wide range of chemical reactions and pharmaceutical compounds