Rivalia Chemical Co.
Techstars '22New York City, US · Founded 2022 · 3 employees on LinkedIn · 1 known investors
Find your way into Rivalia Chemical Co.
Sign up to see every warm intro you have to Rivalia Chemical Co.
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Rivalia Chemical Co. team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Rivalia Chemical recovers rare earth elements from waste materials using patent-pending technology. The company serves industries requiring rare earth materials and operates in the cleantech and circular economy space.
Also known as Rivalia · Rivalia Chemical
Founders & leadership
Rivalia Chemical Co. was founded in 2022 by Laura Stoy.

Investors · 1
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us
Company profile
researched Sep 2026Rivalia Chemical Co. is a resource-recovery company developing a chemical extraction process that harvests rare earth elements (REEs) from industrial and energy wastes, principally coal fly ash, along with abandoned mine drainage sludges, tailings and sludges from produced waters. The company positions its output as domestically produced, "American-made" rare earths, framing its work around both supply-chain resilience and the remediation of waste storage sites.
The company's stated technical approach combines extraction with separation of rare earths from the bulk elements of the coal ash, which removes the need for total solid digestion and reduces downstream processing. Its key reagent is an ionic liquid that can be recycled across multiple cycles without loss of performance, and the process is described as running under mild operating conditions with lower chemical consumption and less waste generation than conventional extraction routes. A secondary element of the concept is reusing the residual solid left after extraction in low-carbon concrete as a partial replacement for Portland cement. The underlying technology is patent-pending.
Rivalia was founded in 2022 by Dr. Laura Stoy, an environmental engineer, and is an early-stage, accelerator-backed venture that has taken part in Techstars, The Engine's Blueprint program and CleanTech Open Northeast.
Founding story
Rivalia Chemical was founded in 2022 by Laura Stoy, PhD, to commercialize a rare earth separation process she designed and optimized during her environmental engineering doctorate at the Georgia Institute of Technology, where she was a National Science Foundation Graduate Research Fellow, participated in the NSF I-Corps Sites Program, published three first-author papers and filed a patent. Stoy has said that growing technology interest, including from venture investors, convinced her the work was worth dedicating the next five to ten years to, and she took the company through the 2022 Techstars Alabama EnergyTech cohort.
Business model
Rivalia intends to commercialize a patent-pending chemical process that converts waste streams into saleable rare earth elements, with the post-extraction residual solid targeted for use in low-carbon concrete as a cement substitute.
Traction
The company is at the technology-commercialization stage with patent-pending status, accelerator backing and founder-level peer-reviewed publications underpinning the process; it reports founder interest from venture investors.
Latest developments
Rivalia's technology remains patent-pending, and the founder has described ongoing participation in CleanTech Open Northeast following earlier involvement in Techstars and The Engine's Blueprint program.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Rivalia is an early-stage entrant in domestic rare earth resource recovery. It notes that extracting rare earths from coal ash is not a new pursuit in the United States, but characterizes its approach as an attempt at a green, low-waste route relative to conventional chemical-intensive extraction methods.
Rivalia combines extraction with separation from the bulk ash matrix, eliminating total solid digestion, and relies on a recyclable ionic liquid reagent under mild conditions, which it contrasts with conventional chemical- and energy-intensive processes that generate additional waste and achieve low separation efficiency. It also pairs REE recovery with a second value stream by directing residual solids toward low-carbon concrete.
Technology
The process uses a recyclable ionic liquid as its key reagent to extract rare earth elements from coal fly ash while simultaneously separating them from the bulk elements in the ash. This avoids total solid digestion and streamlines the chemical- and energy-intensive downstream processing required by conventional methods, which the company characterizes as chemical- and energy-intensive with low separation efficiency. The process is described as operating under mild conditions with lower chemical consumption and reduced waste generation, and the ionic liquid can be reused over multiple cycles without performance loss. The residual solid is intended for reuse in low-carbon concrete. The technology, developed by founder Laura Stoy and supported by first-author publications in Environmental Science and Technology and ACS Sustainable Chemistry & Engineering, is patent-pending.
Go-to-market
The company engages through cleantech and deep-tech accelerator ecosystems, including Techstars, The Engine's Blueprint program and CleanTech Open Northeast, and its founder has identified early relationship-building with government agencies such as the Department of Defense, Department of Energy and Environmental Protection Agency as central to positioning the business.
Industries and applications dependent on rare earth elements, including consumer electronics, wind turbines, electric vehicles, batteries, optical sensors, LED screens, satellites, permanent magnets, petroleum refining, defense technology and medical treatments; the company also addresses utilities holding coal ash storage liabilities and potential concrete end-uses for process residuals.
Geography
United States-focused, with feedstock and market framing centered on domestic coal fly ash and US critical-minerals supply chains; the founder has participated in Alabama- and Northeast-based programs.
History
The company was launched in 2022 and joined the 2022 Techstars Alabama EnergyTech cohort, describing itself on its site as a Techstars-backed company. Its founder subsequently participated in The Engine's Blueprint program for Tough Tech founders and in CleanTech Open Northeast, while the core separation technology remained at patent-pending status.
Risks & controversies
The business depends on a patent-pending process that has not been shown at commercial scale, and the founder has identified science, engineering, scaling and regulatory/market risks as characteristic of Tough Tech ventures, with navigation of multiple federal regulatory agencies expected to be a significant part of building the company. Coal ash storage ponds themselves carry human-health and environmental hazards and are subject to disposal regulations enacted after incidents such as the 2008 Kingston Fossil Plant spill.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 1
Companies working in the same space as Rivalia Chemical Co..
Timeline · 3
launches, deals, and filingsRivalia Chemical participated in the 2022 Techstars Alabama EnergyTech accelerator cohort; the company describes itself as Techstars-backed.
Founder Laura Stoy stated she was participating in the CleanTech Open Northeast program.
Founder Laura Stoy took part in The Engine's Blueprint program for Tough Tech founders, which focused on categorizing science, engineering, scaling and regulatory/market risks and on early engagement with government and policy stakeholders.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 7
primary sources listed
- Rivalia Chemical Co.rivaliachemical.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Rivalia Chemical Co. do?
- Rivalia Chemical recovers rare earth elements from coal fly ash and other wastes using a recyclable ionic-liquid process.
- Who founded Rivalia Chemical Co.?
- Rivalia Chemical Co. was founded by Laura Stoy in 2022.
- Who are Rivalia Chemical Co.'s investors?
- Rivalia Chemical Co.'s investors include Techstars.
- Where is Rivalia Chemical Co. headquartered?
- Rivalia Chemical Co. is headquartered in New York City, US.

