• Strong by Form

  Participated · Equity · Jul 2026

  Strong by Form develops Woodflow, a digitally molded structural biomaterial made from wood residues (e.g., radiata pine, fir) combined with resin to produce pieces that the company says reach concrete-level strength at a fraction of the weight and using less wood than cross-laminated timber. Founded in 2018 in Santiago by Andrés Mitnik (CEO), Jorge Christie (CPO) and Daniel Del Río (CTO), the company operates a plant in La Reina with four robots and a laser cutter and employs about 25 people. Its technology has been used in real projects, including a balsa wood cladding installation in the departures hall of Quito airport. The new capital is intended to fund a pilot plant in Spain by late 2027 to scale toward industrial construction applications. Financially, Strong by Form completed a roughly $5M seed in 2023 and has now advanced the first tranche of its third round.

• Crosstown H2R

  Participated · Seed · Jul 2025

  Crosstown develops the proprietary H2R® Burner that allows existing gas turbines to operate on 100% renewable fuels and provides multi-fuel, transitional capability from natural gas to zero‑carbon fuels. The technology immediately cuts NOx emissions by up to 85% and can enable complete elimination of CO₂ from a turbine, with a single 100MW turbine fitted able to eliminate over 300,000 tons of CO₂ annually. Crosstown says its burner is faster and cheaper to install than full turbine replacements, repurposing existing infrastructure and helping avoid stranded assets. The company already works with major industry players such as Sulzer and Fortum and has won a European Patent Office patent for the burner in March 2025. With fresh funding, Crosstown plans to accelerate rollout of the H2R® Burner, expand its product portfolio across additional turbine platforms (including Rolls‑Royce, GE, Siemens, ABB) and establish further sales partnerships with ISPs and OEMs. The company is also growing its expert team at its headquarters in Switzerland to support commercialization and wider deployment. Founded in 2022 in Switzerland, Crosstown H2R develops the proprietary Crosstown Burner (H2R®) to convert gas turbines to run on hydrogen or other low-/zero-carbon fuels, eliminating CO2 emissions from those turbines. The burner is designed for ultra-low NOx capability to meet forthcoming 2025 NOx regulations in Europe and the US. The company has tested its newest generation of burners and plans installations in Sulzer's and Fortum's turbines beginning in 2024. Partnership with Sulzer provides access to over 3,500 new and existing gas-fired turbines in Europe and tens of thousands more worldwide; Fortum customers can use the burner to reduce greenhouse gas emissions by half by 2030. Crosstown highlights the scale of the opportunity by noting a single 100 MW gas turbine can emit around 300,000 tons of CO2 annually at 50% capacity. The company has secured funding and partnerships to accelerate commercialization and deployment.

• New Iridium

  Participated · Seed · Jun 2025

  New Iridium builds a low-cost, low-carbon bio-ethanol oxidation platform to produce bio-based acetic acid and ethyl acetate as drop-in replacements for fossil-derived chemicals. The company leverages existing first-generation bioethanol infrastructure and domestically sourced feedstock. Its process is designed for scalable, low-carbon operation while maintaining performance and supply reliability. New Iridium plans to accelerate development of its flagship platform and advance construction of an industrial pilot facility with a capacity of 50 metric tons per year (approximately 140 kilograms per day) to validate process scalability. Both target products recently received USDA BioPreferred certification for 100% bio-based content. The company has received prior support from the National Science Foundation and the U.S. Department of Energy, including an SBIR grant from BETO and ENERGYWERX vouchers. New Iridium develops a photocatalysis platform that uses light rather than heat to produce low‑carbon chemicals and convert CO2 into value‑added products. The company says its technology can sharply reduce carbon emissions through process efficiencies and electrification while lowering production costs versus incumbent processes. It was awarded a $1 million National Science Foundation (NSF) SBIR Phase II grant to accelerate development of the platform. New Iridium is an Innosphere Ventures REACH Client Company based in Fort Collins, CO. The company has formed a strategic partnership with Braskem to advance its CO2 conversion technology and support industry carbon‑neutrality goals. New Iridium has also received recognition as an EPIC pitch finalist at the DOE Small Business Forum & Expo, a Nature Spinoff Prize “One to Watch,” and a Hello Tomorrow Environment track winner.

• Anodyne Chemistries

  Participated · Seed · Apr 2024

  Anodyne Chemistries is developing and demonstrating a bio‑electric process that converts carbon dioxide and water into high‑quality formic acid and hydrogen peroxide. The company positions these products as low‑carbon alternatives to petrochemical feedstocks used on Canadian farms. Formic acid and hydrogen peroxide produced by the process are intended for applications including feed preservation, livestock health support, and sanitization of equipment and crops. The company announced it will receive up to $1,236,310 from Agriculture and Agri‑Food Canada to support development and demonstration of the technology. Anodyne frames the work as contributing to greenhouse‑gas reductions and a domestic decarbonized agrichemical supply chain. CEO Iain Evans described the partnership with AAFC as foundational for strengthening food security and supporting a transition to a net‑zero future.

No current team members are available.