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Homeostasis raises $1.2M to synthesize American-made graphite from waste CO2

Homeostasis raises $1.2M to synthesize American-made graphite from waste CO2

March 21, 2025 Craig Etkin

Funds will enable reactor development and key technical hires in 2025.

TACOMA, Wash., March 17, 2025 /PRNewswire/ — Homeostasis, an advanced materials startup in Washington state, announced today a successful Pre-Seed fundraise of $600,000 plus matching funds from the Washington Department of Commerce. Investments come from the Shakopee Mdewakanton Sioux Community, Kayak Ventures and angel investors.

Homeostasis addresses a critical vulnerability in America’s industrial supply chain: our nation’s dependence on foreign sources for high-purity engineered graphite. Graphite, which is essential to energy storage and nuclear technologies, is prerequisite to power infrastructure modernization in an era of skyrocketing demand. American competitiveness, energy independence and economic dynamism are exposed to graphite supply chain disruptions. Homeostasis technology enables domestic production of graphite with small, modular and portable electrochemical reactors.

The U.S. Departments of Defense and Energy have both designated graphite a critical mineral. Homeostasis has answered the call.

“CO2 doesn’t have to be waste,” said Co-Founder and Chief Science Officer Dr. Julien Lombardi. “We can strengthen our energy infrastructure by transforming excess carbon into an abundant feedstock. Homeostasis technology unlocks the productive potential of CO2 gas.”

In addition to the strategic imperative to acquire graphite, many industrial organizations seek to capture their CO2 emissions on-site. Most point-source carbon capture solutions are complex to install and do not resolve the problem of long-term storage. Homeostasis flips this challenge into an opportunity by converting waste CO2 streams into graphite, and other sellable carbon materials, with a bolt-on solution that is quick to install.

“When speaking with customers who want to capture emissions, we’ve found that the pain points really come down to geopolitical risk, project development time, product lead time and cost.” said Co-Founder and CEO Makoto Eyre. “Our technology stack resolves all of these problems with the single gesture of synthesizing critical materials from CO2. We are creating a domestic, fast-to-deploy and low-cost solution to the carbon materials bottleneck.”

Media contact: Wesley Andrews, media@homeostasis.earth

Click here to download the press kit, including an original infographic.

About Homeostasis

Homeostasis was founded in 2022 to make waste carbon useful. The company’s novel process creates solid materials from CO2. Homeostasis produces carbon materials in the Pacific Northwest region of the United States, thanks to support from the Washington Department of Commerce and the Clean Energy Testbeds at the University of Washington. Homeostasis conducts original research at the City College of New York through a partnership with the ASRC CAT program. Learn more at www.homeostasis.earth.

About the Climate Commitment Act

Homeostasis is supported with funding from Washington’s Climate Commitment Act. The CCA supports Washington’s climate action efforts by putting cap-and-invest dollars to work reducing climate pollution, creating jobs, and improving public health. Information about the CCA is available at https://climate.wa.gov/washington-climate-action-work. Information about the Washington Department of Commerce is available at www.commerce.wa.gov.

SOURCE Homeostasis

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, Homeostasis, PRNewswire, Tacoma, Venture Capital, Washington

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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