New Iridium

United States - Fort Collins, Colorado

• 12/06/2025
• Seed
• $2,650,000

New Iridium is a Colorado-based sustainable chemical innovation company developing a next-generation platform for low-carbon chemical manufacturing. By integrating thermal and photocatalytic technologies with bio-based feedstocks and captured CO₂, New Iridium enables the efficient transformation of renewable inputs into high-value chemicals. The platform also supports modular and distributed manufacturing, allowing alignment with regional feedstock availability and renewable energy infrastructure—a key enabler of resilient, localized supply chains. New Iridium’s flagship products include bio-based acetic acid, ethyl acetate, and related acetate esters, aimed at decarbonizing the acetyl value chain. The company is additionally advancing a pipeline of CO₂-derived building block chemicals including acrylic acid, methacrylic acid, methyl methacrylate ester, and methoxyacetic acid, positioning itself at the forefront of sustainable chemical production.

Acetic acid ranks among the top ten highest-volume organic chemicals globally and, along with ethyl acetate, plays a critical role in a wide range of consumer and industrial applications including footwear, personal care products, paints, coatings, and adhesives. New Iridium’s innovative process utilizes domestically sourced bio-ethanol as a renewable feedstock, leveraging existing first-generation bioethanol infrastructure while advancing U.S. production of sustainable, bio-based chemicals. At the core of this technology is New Iridium’s highly efficient bio-ethanol oxidation process designed to produce low-cost and low-carbon acetic acid and ethyl acetate. These products are intended as drop-in replacements for conventional fossil-derived chemicals, offering a scalable pathway to decarbonize critical segments of the chemical industry without compromising performance or reliability of supply.

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LinkedIn https://www.linkedin.com/in/chernhooi/