Homeostasis, an advanced materials startup in Washington state, announced a $600,000 pre-seed fundraise, along with matching funds from the Washington Department of Commerce. The investments come from the Shakopee Mdewakanton Sioux Community, Kayak Ventures, and angel investors.
Homeostasis tackles a critical vulnerability in America’s industrial supply chain: our nation’s dependence on foreign sources for high-purity engineered graphite. And 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 designated graphite a critical mineral. And Homeostasis knows this.
Along with the strategic imperative to acquire graphite, many industrial organizations seek to capture their carbon dioxide emissions on-site. And 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 carbon dioxide streams into graphite, and other sellable carbon materials, with a bolt-on solution that is quick to install.
KEY QUOTES:
“Carbon dioxide doesn’t have to be waste. We can strengthen our energy infrastructure by transforming excess carbon into an abundant feedstock. Homeostasis technology unlocks the productive potential of carbon dioxide gas.”
- Co-Founder and Chief Science Officer Dr. Julien Lombardi
“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. Our technology stack resolves all of these problems with the single gesture of synthesizing critical materials from carbon dioxide. We are creating a domestic, fast-to-deploy and low-cost solution to the carbon materials bottleneck.”
- Co-Founder and CEO Makoto Eyre
