Citroniq Chemicals develops carbon-negative materials and a platform for the chemical and plastics industries that uses U.S.-produced ethanol and other technologies to deliver low-cost carbon capture and avoidance. Its E2O process reduces greenhouse gas emissions and permanently sequesters carbon into a useful plastic pellet. The company is led by CEO Kelly Knopp and President & Co-Founder Mel Badheka. Citroniq plans to use recent funding to advance the planning, design, and construction of its first commercial plant in the State of Nebraska. The firm is headquartered in Houston, Texas and focuses on enabling customers to meet greenhouse gas reduction commitments through its materials and process innovations. No operating metrics were disclosed in the article.

Total raised

$12M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2024