Fundraising Fox

Syzygy Plasmonics

Houston, US · Founded 2018 · Delaware corporation · 6 known investors

plasmonics.tech ↗

Syzygy Plasmonics converts waste biogas and renewable electricity into sustainable aviation fuel using proprietary photocatalytic technology. The company serves airlines and fuel buyers seeking low-carbon alternatives to conventional jet fuel.

CleantechClimate TechEnergy

Founders & leadership

Syzygy Plasmonics was founded in 2018 by Suman Khatiwada and Trevor Best.

SK
Suman KhatiwadaCo-founder
TB
Trevor BestCo-founder

Board

PP
Patrick PoonBoard director
AD
Ann DeWittBoard director
MBMichael Biddle
Michael BiddleinBoard ObserverPartner at Evok Innovations
MH
Matthew HillBoard director
DR
Donald R. Kendall Jr.Board director

Investors · 6

Climate Impact Capital
Evok InnovationsVancouver
Horizons VenturesHong Kong · $1M – $110M
Lotte VenturesSeoul
New Climate VenturesHouston
Aramco Venturesreported

Reported raises · per SEC filings

Form D private placements

$110.2M disclosed across 3 rounds · 2019–2022

▶$76.7MraisedNov 2022 · 17 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ann DeWittDirector
  • Michael BiddleDirector
  • Kerry LiuDirector
  • Josh DienstagDirector
  • Trevor BestExecutive Officer, Director
  • Matthew HillDirector
  • Suman Khatiwada KhatiwadaDirector, Executive Officer
Offering amount
$76.7M
Amount sold
$76.7M
First sale
Nov 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$22.8MraisedApr 2021 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick PoonDirector
  • Suman KhatiwadaDirector, Executive Officer
  • Ann DeWittDirector
  • Michael BiddleDirector
  • Matthew HillDirector
  • Trevor BestExecutive Officer, Director
  • Donald R. Kendall Jr.Director
Offering amount
$22.8M
Amount sold
$22.8M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$10.7MraisedDec 2019 · 31 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mike BiddleDirector
  • Ann DeWittDirector
  • Don KendallDirector
  • Suman KhatiwadaExecutive Officer, Director
  • Trevor BestExecutive Officer, Director
Offering amount
$10.7M
Amount sold
$10.7M
First sale
Aug 2019
Incorporated
Corporation, Delaware, 2018
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
Amogy7 shared keywordsAmogy develops patented ammonia cracking technology that converts ammonia into electric power for hydrogen fuel cells and engines, targeting decarbonization of heavy industries including transportation and maritime. The company offers modular ammonia-to-power systems and high-efficiency catalysts as alternatives to diesel and hydrogen fuel solutions.
Verdagy4 shared keywordsVerdagy develops water electrolysis systems for producing zero carbon intensity green hydrogen, using a patented single-cell architecture that pairs in real time with variable renewable energy sources. Its electrolyzers target industrial hydrogen users in chemicals, oil & gas, e-fuels, mobility, and steel, aiming for low levelized cost of hydrogen without subsidies.

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

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase II2021$961.4K
National Science FoundationPhase I2019$224.1K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Syzygy Plasmonics do?
Syzygy Plasmonics converts waste biogas and renewable electricity into sustainable aviation fuel using proprietary photocatalytic technology. The company serves airlines and fuel buyers seeking low-carbon alternatives to conventional jet fuel.
Who founded Syzygy Plasmonics?
Syzygy Plasmonics was founded by Suman Khatiwada, Trevor Best in 2018.
Who are Syzygy Plasmonics's investors?
Syzygy Plasmonics's investors include Climate Impact Capital, Evok Innovations, Horizons Ventures, Lotte Ventures, New Climate Ventures, Aramco Ventures.
How much funding has Syzygy Plasmonics raised?
Syzygy Plasmonics has disclosed $110.2M raised across 3 rounds.
Where is Syzygy Plasmonics headquartered?
Syzygy Plasmonics is headquartered in Houston, US.