Terraform Industries, Inc. has raised $37.7M in total funding. The most recent round was Series A.
Terraform Industries, Inc. is headquartered in Burbank, CA.
As solar power gets cheaper, it is becoming cheaper to source hydrocarbons from the atmosphere than from an oil well, but this pathway to displacing fossil natural gas hasn't been industrialized at scale.
Terraform Industries is scaling technology (their 'Terraformer') to synthesize cheap natural gas at gigascale directly from sunlight and air, aiming to cut net CO2 flux from crust to atmosphere.
They've already demonstrated hydrogen and CO2 production running on pure solar power at their Muroc desert test site, produced pipeline-grade natural gas and industrial-grade methanol, and built their own injection-molded electrolyzer stacks and welding equipment in-house.
Founded by Casey Handmer, a Caltech-trained physicist and former NASA JPL scientist, Terraform closed a $38M seed round at a $150M valuation to build synthetic natural gas from sunlight and air.
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