Solidec Raises $2M to Advance Clean Chemical Manufacturing

Solidec, a Houston-based innovator in clean chemical manufacturing, has announced that it has secured over $2 million in pre-seed funding to advance its breakthrough technology.The round was led by New Climate Ventures (NCV), with additional participation from Plug and Play Ventures, Ecosphere Ventures, Collaborative Fund, Safar Partners, Echo River Capital, and Semilla Climate Capital.

Solidec’s breakthrough approach to chemical manufacturing replaces centralized infrastructure with modular, efficient on-site production using only air, water, and electricity. Solidec’s platform is powered by modular reactors that produce widely used chemicals—including hydrogen peroxide, formic acid, acetic acid, and ethylene—without requiring post-processing. Initial commercialization efforts focus on hydrogen peroxide, a critical chemical used across industries, including semiconductor fabrication, critical metal mining, and wastewater treatment.

“We’ve known the Solidec team for almost two years and have developed a high degree of conviction in the team, their technology, and their go-to-market strategy,” said Eric Rubenstein, Managing Partner at New Climate Ventures. “We’re particularly excited about Solidec’s ability to produce many different, widely used chemicals. It gives them critical flexibility to expand and serve a broad customer base.”

Solidec has already secured early commercial customers, signaling market demand for its emission-free technology. With funding in place, the company is accelerating its go-to-market efforts by scaling pilot deployments and tailoring its platform to meet customer-specific requirements across multiple industries.

“Traditionally, hydrogen peroxide is produced in centralized, energy-intensive facilities using carbon-intensive inputs, then transported long distances, resulting in a significant carbon footprint,” said Ryan DuChanois, Co-Founder and CEO of Solidec. “Solidec’s modular reactor produces clean chemicals like hydrogen peroxide on-site, in fewer steps, and with less energy, slashing emissions, supply-chain risk, and cost. We’re eager to deliver these capabilities to customers across the globe.”

The chemical and petrochemical industries account for about 40 percent of industrial carbon emissions in the United States. Chemical separations alone—the post-processing steps Solidec eliminates—are responsible for 15 percent of global energy consumption. Solidec’s technology offers a path toward emission-free molecules for the worldwide chemical manufacturing industry while creating opportunities to accelerate innovation in adjacent sectors.

Solidec was spun out of Professor Haotian Wang’s lab at Rice University in 2024 and is based in Houston, Texas. The company is a recipient of the Activate Fellowship, a graduate of the Chevron Catalyst Program, and a member of Greentown Labs Houston.

About Solidec

Solidec is the path to emission-free molecules, starting with hydrogen peroxide. The company’s breakthrough approach to chemical manufacturing replaces centralized infrastructure with modular, on-site production using only air, water, and electricity. Beyond hydrogen peroxide, Solidec modular reactors can produce many widely used chemicals, collectively representing a pathway to abate over one gigaton of carbon emissions annually. 

About New Climate Ventures (NCV)

New Climate Ventures (NCV) is a venture capital firm investing in category-defining companies building our low-carbon future across industries. Based in Houston, Texas, the firm typically invests at the seed stage, focusing on companies whose novel technologies position them to succeed by lowering costs without relying on subsidies or “green premiums.” NCV’s investments span the decarbonization spectrum, ranging from sustainable aviation fuels and bioplastics to next-generation solar materials and grid analytics software.

For more information about Solidec and its technologies, please click here. 

Source/Photo Credit: Solidec

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