Homeostasis, a cutting-edge materials startup based in Washington state, has announced the successful completion of a pre-Seed funding round, raising $600,000, with additional matching funds from the Washington Department of Commerce, to support the production of graphite from waste CO2.
The investment comes from the Shakopee Mdewakanton Sioux Community, Kayak Ventures, and various angel investors.
The company is addressing a significant weakness in the US industrial supply chain: the nation’s reliance on foreign sources for high-purity engineered graphite.
Graphite, a crucial material for energy storage and nuclear technologies, is essential for modernizing power infrastructure amid rising demand.
Disruptions to the graphite supply chain threaten US competitiveness, energy independence, and economic vitality. Homeostasis’ technology allows for the domestic production of graphite using small, modular, and portable electrochemical reactors.
Both the US Departments of Defense and Energy have recognized graphite as a critical mineral, and Homeostasis is stepping up to meet this need. In addition to securing a domestic graphite supply, many industries are looking to capture CO2 emissions directly at the source.
However, existing carbon capture technologies are often complex to install and fail to address long-term storage. Homeostasis turns this challenge into a business opportunity by converting waste CO2 into graphite and other valuable carbon materials with an easily installable solution.
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Dr. Julien Lombardi, Co-Founder and Chief Science Officer of Homeostasis, “CO2 doesn’t have to be waste. We can strengthen our energy infrastructure by transforming excess carbon into an abundant feedstock. Homeostasis technology unlocks the productive potential of CO2 gas.”
“When speaking with customers who want to capture emissions, we’ve found that the pain points really come down to geopolitical risk, project development time, product lead time and cost,” said Co-Founder and CEO Makoto Eyre.
“Our technology stack resolves all of these problems with the single gesture of synthesizing critical materials from CO2. We are creating a domestic, fast-to deploy and low-cost solution to the carbon materials bottleneck.”
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