Skyonic
Company

Last deal

$12.5M

Amount

Series C

Stage

22.05.2014

Date

5

all rounds

$143.5M

Total amount

General

About Company
Skyonic is an environmental technology company that converts carbon dioxide emissions to solids for long-term storage.

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founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

The company offers SkyMine, a post-combustion carbon capture and sequestration technology that removes heavy metals, acid gases, and carbon dioxide from flue gas and stores the carbon emissions as stable sodium bicarbonate for long-term storage. Skyonic also provides construction, installation, and maintenance of facilities and equipment. Their retrofittable plants extract and mineralize carbon dioxide from industrial flue gas into products, such as baking soda, hydrochloric acid, and limestone, at a commercial scale. This enables plants, oil and gas industries to transform greenhouse gases into carbon-negative products for the manufacture of PVC pipes and glass, cattle feed, and steel pickling.
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