Spitzer Industries
20445 State Highway 249 Ste 275, Houston, TX, 77070, United States
Overview
Spitzer Industries offers goods including pressure vessels, large vessels, subsea equipment, and structural steel. It serves the upstream, midstream, and downstream, petrochemical industries by supplying designed packages, large vessels, columns and towers, and structural steel.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Manufacturing
- Renewable Energy
Investment portfolio
- Carbon Ridge
Participated · Equity · Oct 2024
Carbon Ridge, based in Los Angeles, is focused on designing modular onboard carbon capture and storage (OCCS) systems that can be retro-fitted into vessel exhaust lines. The technology is engineered to cut carbon dioxide and other greenhouse-gas emissions from ships by up to 95% while shrinking equipment size and volume by as much as 75% compared with conventional CCS approaches. In addition to the capture hardware, the company offers an end-to-end service stack that covers CO₂ transportation, permanent sequestration, and credit monetization. Carbon Ridge positions its OCCS platform as a low-cost, near-term route for maritime decarbonization that avoids operational disruption for ship owners. The firm plans to use its latest capital infusion to complete development and launch an onboard pilot in 2023. Prior to the recent raise, no other funding figures were disclosed in the article, leaving the company at an early stage of commercialization.
Team
No current team members are available.