- 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
