Fundraising Fox

Icorium Engineering

Lawrence, US · Founded 2022 · Delaware corporation

Icorium is an advanced separation technology company that recovers high-purity refrigerants from complex mixtures using ionic liquid-based extractive distillation, hollow fiber membranes, and pressure swing adsorption. Its platform serves reclaimers, contractors, OEMs, and producers seeking industrial-scale refrigerant recovery and a circular refrigerant economy, and it operates as a University of Kansas spinout.

Circular EconomyCleantechClimate Tech

Founders & leadership

Icorium Engineering was founded in 2022 by Mark Shiflett.

MSMark Shiflett
Mark ShiflettFounder
EB
Erik BlumeExecutive
KB
Kalin BacaNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$1M disclosed across 2 rounds · 2024

▶$25KraisedNov 2024 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Erik BlumeExecutive Officer
  • Kalin BacaExecutive Officer, Director
  • Mark ShiflettExecutive Officer, Director
Offering amount
$25K
Amount sold
$25K
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedNov 2024 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kalin BacaExecutive Officer, Director
  • Erik BlumeExecutive Officer
  • Mark ShiflettExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$1M
Proceeds to insiders
$10K
First sale
Oct 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
A-Gas13 shared keywordsA-Gas supplies and manages the lifecycle of refrigerants, providing recovery, reclamation, and repurposing services for the refrigeration and air conditioning industry. The company captures refrigerant gas for re-use or safe destruction to prevent atmospheric release.
Fexa7 shared keywordsFexa offers a facilities orchestration platform that lets facilities, operations, and finance teams manage repairs, vendors, assets, spend, and compliance across multiple locations, using AI agents to create work orders and answer queries. It targets operators running complex, high-volume multi-site footprints, including features like refrigerant compliance and asset lifecycle tracking.

Companies competing with Icorium Engineering for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Applications open for KU I-Corps through Sept. 8 - KU Innovation Parkkuinnovationpark.com · Jul 2026Our Story - Icorium Companyicorium.us · Jan 2026Icorium Engineering awarded $1.2 million SBIR Phase II grant, earns several accolades - KU Innovation Parkkuinnovationpark.com · Dec 20252025 Startups to Watch: Icorium matches a complex environmental threat with Kansas-powered innovation - Startland Newsstartlandnews.com · Jan 2025Icorium Engineering Company earns top-5 finish at 2024 Rice Business Plan Competitionkuinnovationpark.com · Apr 2024Icorium Engineering Company selected for prestigious Rice Business Plan Competition - KU Innovation Parkkuinnovationpark.com · Feb 2024

Frequently asked questions

What does Icorium Engineering do?
Icorium is an advanced separation technology company that recovers high-purity refrigerants from complex mixtures using ionic liquid-based extractive distillation, hollow fiber membranes, and pressure swing adsorption. Its platform serves reclaimers, contractors, OEMs, and producers seeking industrial-scale refrigerant recovery and a circular refrigerant economy, and it operates as a University of Kansas spinout.
Who founded Icorium Engineering?
Icorium Engineering was founded by Mark Shiflett in 2022.
How much funding has Icorium Engineering raised?
Icorium Engineering has disclosed $1M raised across 2 rounds.
Where is Icorium Engineering headquartered?
Icorium Engineering is headquartered in Lawrence, US.