STAX Engineering, Inc. (Debt Financing and SAFE)
Funding Details
Awarder
Inbox
Date Award
February 26, 2025
Vertical
Emissions Capture Technology
Funding URL
View Funding Page
Funding Amount
$70,000,000
Company Info
Founding Year
2024
Traction
STAX has treated 426 at-berth vessels for a cumulative of 13,000 hours, capturing 100 tons of pollutants. They have established multi-year contracts with ZIM and K-Line and are actively pursuing expansion into additional U.S. and international ports.
Organizations Involved
ZIM, K-Line, Shell, NYK Line, Hyundai GLOVIS, Toyota, Olympus
Market
Maritime Industry
Location
Los Angeles, California, United States
Coinvestors
Firstime Credit, Deutsche Bank Private Credit & Infrastructure
Company Description

Products and services that reduce environmental toxins, promote sustainability, and reduce global warming.

Links
WebsiteCrunchbaseLinkedInTwitter
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