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
Company Description
Products and services that reduce environmental toxins, promote sustainability, and reduce global warming.
Market
Maritime Industry
Location
Los Angeles, California, United States
Coinvestors
Firstime Credit, Deutsche Bank Private Credit & Infrastructure
Links
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