Content
07/14/2022
Lincoln, NE USA
Monolith
completed $300 million Growth Round funding. Investors include
TPG (lead), Decarbonization Partners (lead), Azimuth Capital Management, Mitsubishi HC Capital America, SK Capital.
About
Monolith Materials, which was founded in 2012, developed a process technology that converts natural gas into clean hydrogen and a solid carbon material called carbon black, a critical raw material in the automotive and industrial sectors. The company is currently in the operating stage of Olive Creek 1 (OC1), its first commercial-scale emissions-free production facility designed to produce approximately 14,000 metric tons of carbon black annually along with clean hydrogen.
Startup
Sector:
Cleantech
Energy
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