The Venture Codex Logo

The Venture Codex

Mars Materials

4200 San Jacinto Street, Houston, Texas, 77004, United States

Overview

Mars Materials develops downstream industrial feedstocks by repurposing captured CO2 and bio-based feedstocks to produce chemicals including acrylonitrile, acrylamide, and carbon-fiber precursors. The company is commercializing a patented nitrilation process intended to lower costs and process emissions compared with incumbent routes. With an Oakland base and PBC status, Mars says its technology can enable low-cost, low-carbon acrylonitrile that unlocks expanded use of carbon fiber in vehicles, transmission lines, hydrogen storage, and building materials. The company aims to sequester a gigaton of captured CO2 into long-lived products and is producing samples for testing with global acrylamide manufacturers as it advances commercialization. Leadership includes CEO and co-founder Aaron Fitzgerald and VP of Feedstock Development and co-founder Kristian Gubsch, who emphasize both climate impact and commercial opportunity. Fitzgerald and Gubsch were announced as Breakthrough Energy Fellows, which Mars says will aid collaboration toward achieving its commercialization milestones.

Total raised
$1M
Funding rounds
1
Latest round
Seed
Latest activity
Oct 2022

Industries

  • Chemical
  • Manufacturing
Visit website

Recent funding

  1. Seed

    Oct 2022

    $1M

Team