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Syzygy Plasmonics: Raises $23M in Series B Funding

April 7, 2021

Syzygy Plasmonics, a Houston, TX-based technology company developing a photocatalyst for the industrial gas, chemical and energy industries, raised $23m in Series B financing
The round was led by Horizons Ventures with participation from new global investors including Equinor Ventures and existing investors The Engine, GOOSE Capital, and Evok Innovations
In conjunction with the funding, Patrick Poon of Horizons Ventures, joined the board of Syzygy
The company also intends to use the funds for product development, hiring and the commercialization of its photocatalytic reactor
Syzygy is developing a photocatalytic reactor to electrify chemical production
When powered with renewable electricity, the technology is able to reduce both cost and emissions from many different chemical reactions