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Syzygy Plasmonics

Houston, US · Founded 2018 · Delaware corporation · 67 employees on LinkedIn · 17 known investors

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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.

Founders & leadership

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

SKSuman Khatiwada
Suman KhatiwadaCo-Founder and Chief Technology OfficerSuman Khatiwada holds a PhD in Materials Science and Nanoengineering from Rice University and a bachelor's degree in Physics from Morgan State University. He co-founded Big Delta Systems (now enPower Inc) while at Rice, spent three years as a research scientist at Baker Hughes, and currently serves as co-founder and Chief Technology Officer at Syzygy Plasmonics, where he has developed photocatalytic technology for sustainable fuel and chemical production.
TBTrevor Best
Trevor BestCo-founderTrevor Best is an executive officer and director at Syzygy Plasmonics, which develops photocatalytic technology for converting biogas into sustainable aviation fuel.
SKSuman Khatiwada, PhD
Suman Khatiwada, PhDCo-Founder and Chief Technology OfficerSuman Khatiwada holds a PhD in Materials Science and Nanoengineering from Rice University and a bachelor's degree in Physics from Morgan State University. He worked as a research scientist at Baker Hughes for three years before co-founding Syzygy Plasmonics, where he developed photocatalysts and electrified chemical reactors for decarbonizing chemical manufacturing.

Board

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

Investors · 17

Also in the syndicate · 4

LOTTE CHEMICALPan American EnergySumitomo Corporation of AmericasThe Engine

Funding

SEC filings, press & company announcements

$110.2M disclosed across 3 of 5 rounds · 2019–2025

▶$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.

Related companies · 2

Companies working in the same space as Syzygy Plasmonics.

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, Suman Khatiwada, PhD in 2018.
Who are Syzygy Plasmonics's investors?
Syzygy Plasmonics's investors include Climate Impact Capital, Evok Innovations, GOOSE Capital, Horizons Ventures, Lotte Ventures, New Climate Ventures, The Engine Ventures, Aramco Ventures and 5 more.
How much funding has Syzygy Plasmonics raised?
Syzygy Plasmonics has disclosed $110.2M raised across 3 of its 5 known rounds.
Where is Syzygy Plasmonics headquartered?
Syzygy Plasmonics is headquartered in Houston, US.