Bringing a startup and small-business perspective to the future of the U.S. bioeconomy We're proud to share that Brent Cutcliffe, Co-Founder and COO of Kemvera, has been elected to the Plant Based Products Council (PBPC) Board of Directors as the Start-up and Small Business representative. A voice for emerging companies PBPC brings together companies and organizations working to grow the market for plant-based and bio-based products. Startups and small businesses are central

Kemvera has achieved major process development milestones towards advancing domestic manufacturing of bio-based chemicals and leveraging cost-advantaged U.S. bio-ethanol feedstock while supporting American corn farmers with its advanced chemical manufacturing platform DENVER, CO – Jan. 21, 2026 - Kemvera, a sustainable chemical innovation company, today announced it has completed the process design package (FEL 1) for its planned 50,000 metric tons per year commercial-scale p

Frankfurt, Germany and Fort Collins, Colorado, USA. ICIG Ventures, the venture capital arm of International Chemical Investors Group (ICIG), today announced a cooperation agreement with New Iridium, a sustainable chemical innovation company pioneering low-carbon and clean chemistry technologies, to advance next-generation photocatalytic processes in chemical manufacturing. Building on New Iridium’s proprietary light-driven platform for producing CO2-derived chemicals, the co

DENVER, CO – June 10, 2025 – 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 Techno

New Iridium is pleased to announce the appointment of Jeff Uhrig as a Strategic Advisor to support the company’s next stage of growth in low-carbon chemical manufacturing. Jeff Uhrig is a seasoned entrepreneur and executive with two decades of experience in the specialty chemicals and sustainable materials sectors. He most recently served as CEO of Novomer and Sirrus, two pioneering chemical technology companies that he successfully led through high-profile exits. Jeff bring

New Iridium has been awarded two prestigious EnergyWerx Vouchers by the U.S. Department of Energy to accelerate the commercialization of its bio-based acetic acid and ethyl acetate platform. These awards support the company’s mission to deliver sustainable, low-carbon alternatives to fossil-derived chemicals. Voucher Opportunity 1: Pre-Demonstration Commercialization Support Under VO-1: Case Studies for the Decarbonization of Technologies and Supply Chains (Office of Clean

New Iridium is excited to announce that we have been awarded $200,000 in funding through the SBIR Phase I program by the U.S. Department of Energy (EERE BETO). This grant will support the scaling up of our innovative bio-acetic acid solution, bringing us closer to delivering sustainable bio-based materials like EVA, PVA, and PVOH, and advancing our commitment to greener chemical alternatives.

New Iridium was awarded $1M NSF SBIR Phase II grant to advance its photocatalysis platform to produce at low-carbon chemicals at lower cost the today's incumbent processes.

The Braskem-New Iridium partnership focuses on CO2 conversion via photocatalysis, the startup's expertise, which is an innovative solution based on the use of light sources (e.g., LEDs) and CO2 from industrial emissions in combination with low-cost raw materials. In the early phases of development, the technology creates versions of chemical products with lower carbon footprints and the potential to significantly mitigate CO2 emissions by directly incorporating CO2 into chemi

New Iridium is pleased to announce the acceptance into 2023 REACH Energy Accelerator hosted by Innosphere Ventures. This program will boost our effort to commercialize our technology in producing low-carbon chemicals at lower cost. Press release excerpt: "Innosphere Ventures and Colorado State University (CSU) announce the fourteen startup and scaleup companies that have been selected to join the 2023 REACH (Regional Energy Accelerator for Commercializing Hard-Tech) incubato