What does Elemental Advanced Materials do?
Elemental Advanced Materials specializes in transforming hydrocarbon-rich waste, such as plastics and by-products, into high-performance carbon nanomaterials and hydrogen using a patented, CO₂e-neutral manufacturing process.
How much did they raise?
The company raised $20M in a funding round led by Taranis. Although the round type is unspecified, the investment underscores confidence in the company’s innovative, sustainable approach to materials production.
What are their plans for the money?
With the funds, Elemental Advanced Materials intends to scale up its commercial manufacturing process, potentially replacing traditional toxic and resource-intensive systems and supporting further sustainable industrial innovation.
What have they achieved so far?
The company has already demonstrated commercial-scale production of its low-emission carbon nanomaterials and clean hydrogen, showcasing the viability of its patented technology in industrial applications.
