M2X Energy (Series B)
Funding Details
Awarder
Inbox
Date Award
June 26, 2024
Vertical
Gas-to-Liquids Systems
Funding Amount
$40,000,000
Company Info
Location
Rockledge, FL, US
Coinvestors
Breakthrough Energy Ventures, Eni Next, Add Ventures by SCG, Autodesk Foundation
Company Description

M2X Energy is a leading low-carbon methanol producer in the U.S. with expertise in developing, constructing, and operating modular, transportable gas-to-liquids systems to convert stranded methane into low-carbon methanol. M2X has developed a novel, patented approach to low-carbon methanol production from methane-rich stranded gas using a non-catalytic, partial-oxidation engine reformer. This reformer technology, along with an integrated methanol synthesis loop, allows M2X to repurpose methane emissions and produce low-carbon methanol. M2X's scalable, modular systems can be deployed individually or in groups to mitigate methane emission sources both big and small, unlike traditional chemical process decarbonization technologies.

Links