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Transaction

Revora Materials - DOE SBIR Phase II

Terms

Announced
10 Sept 2024
Instrument
Grants
Amount
US$1.65m
Source
sbir.gov

Parties

Recipient type
Grant recipient
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
U.S. Department of EnergyInvestorUS$1.65mSole provider: the whole transaction

Carbon

Pathway
Mineralisation

What happened

SBIR Phase II, award start 10 September 2024, for reactive CO2 capture via inorganic carbonate crystallisation. Distinct from GR-077, which is the NYSERDA and Columbia Carbontech Development Initiative award. Two smaller DOE Phase I awards and an STTR Phase I also exist and are not recorded here.

Kumo note

Revora has funded its scale-up from federal research money, mineralising CO2 into carbonates using alkaline industrial residues, so its route to market runs through steelmakers’ waste streams rather than through a carbon credit.

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