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New Iridium Raises $2.65M in Seed Funding to Accelerate Sustainable Chemical Platform
DENVER, June 11, 2025 (GLOBE NEWSWIRE) -- New Iridium, a sustainable chemical innovation company pioneering low-carbon and clean chemistry technologies, today announced it has raised $2.65 million in seed financing. This funding builds on support from the National Science Foundation and U.S. Department of Energy (DOE), including a Small Business Innovation Research (SBIR) grant from the Bioenergy Technologies Office (BETO) and ENERGYWERX Vouchers awarded through the DOE’s Office of Technology Commercialization (OTC).
By New Iridium · Via GlobeNewswire · June 11, 2025