NextChem Revenue, Valuation, Funding & Investors

Solugen is a biomanufacturing company producing specialty chemicals from plant sugars via precision fermentation. Houston-headquartered with a facility in Marshall, Texas, it supplies hydrogen peroxide precursors and surfactants to Procter & Gamble. The process replaces petrochemical routes with engineered enzymes and catalysts for carbon-negative output. Solugen addresses applications in personal care, cleaning products, and water treatment.

EnergyX is a Fort Lauderdale-headquartered cleantech firm founded in 2018 that extracts lithium from brines using direct lithium extraction technology. The company processes salar brines to produce battery-grade lithium carbonate with higher recovery rates and lower environmental impact than traditional evaporation ponds.

Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products. The company has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.

Nexii is a Calgary-headquartered green construction technology company producing carbon-negative building panels for multi-story structures. Its Deterra panels enable up to 90% faster assembly than traditional methods while reducing embodied carbon by 85% through cement-free composition. Deployed in projects like the six-story Nexii Canada House in Edmonton, the technology supports residential, commercial, and hospitality developments in Canada, the United States, and Europe.

Radiant is a Seattle-headquartered company that engineers the Kaleidos microreactor, a truck-transportable nuclear fission system generating one megawatt of continuous power for off-grid locations, military bases, and disaster response. Designed to eliminate diesel generator reliance, the reactor achieves full power in under 24 hours and operates for 40 years without refueling. Radiant partners with the U.S. Department of Defense through a $10 million contract and collaborates with the Tennessee Valley Authority on demonstrations. Founded in 2019, the firm advances advanced nuclear technology across North America.

Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed by Sunrun or by Sunrun’s partners and are owned by the company. Sunrun’s customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.

EcoCeres is a Hong Kong-based advanced biorefinery company converting waste-based biomass into lower-carbon transport fuels and renewable chemical products. Its principal outputs include sustainable aviation fuel and hydrotreated vegetable oil made from used oils, agricultural residues and other waste feedstocks. EcoCeres supplies airlines, fuel distributors and transport-sector customers seeking certified substitutes for fossil jet fuel and diesel. Revenue is generated through industrial production and long-term sales of renewable fuels, supported by proprietary pretreatment and refining technology. The Hong Kong-headquartered company has developed commercial production in Asia and entered partnerships aimed at expanding sustainable aviation fuel adoption. HKIC’s capital and ecosystem support are intended to accelerate technology development, international market access and Hong Kong’s role in sustainable aviation.

SMA Solar Technology AG produces, develops, and sells systems and solutions for the efficient and sustainable generation, storage and use of solar energy. Its products include PV and battery inverters, monitoring systems for PV systems, charging solutions for electric vehicles as well as energy management systems, and digital services for the future energy supply. The company operates through the following segments; Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. The Large Scale & Project Solutions segment, which derives key revenue for the company, offers products, systems and solutions for industrial solar, storage and hydrogen projects as well as for the conversion of utility grids to a higher proportion of renewable energy.

SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.

Pivot Bio is a Berkeley-headquartered ag-biotech company founded in 2010 that engineers microbes for crop nutrition. The firm develops nitrogen-fixing products using its proprietary ON Technology, which deploys naturally occurring microbes to supply nitrogen directly to corn roots. This approach reduces reliance on synthetic fertilizers while boosting yields for farmers addressing global food demands.

1Komma5° is a Berlin-headquartered ClimateTech company delivering integrated energy solutions at 80 sites in seven markets including Germany, Austria, and the US. It installs photovoltaics systems up to 10 kWp, battery storage with 15 kWh capacity, heat pumps for heating, and EV charging stations bundled into subscription models for residential and commercial properties.

Xinyi Solar Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the production and sale of solar glass products and the development and operation of solar farms. The company's operating segments include sales of solar glass and solar farm business, which includes solar farm development and solar power generation. A majority of its revenue is generated from the sales of solar glass. Geographically, it derives maximum revenue from Mainland China, followed by other areas in Asia, North America and Europe, and other regions.

Shoals Technologies Group is an American manufacturer of electrical balance of system (EBOS) products headquartered in Portland, Tennessee. EBOS is the power infrastructure that carries electricity safely from solar modules and batteries to the grid, and Shoals sells plug-and-play EBOS systems that reduce materials, installation labor and maintenance touchpoints on site. Its customers are the engineering, procurement and construction firms, developers and owners that build utility-scale solar, battery energy storage and, more recently, data center power systems. Shoals earns revenue from product sales made through in-house manufacturing, holds 75 patents and says about 100 GW of projects using its systems are under contract, in construction or operating. The company was founded in 1996 as a component supplier to the automotive industry and moved into solar in 2002, first supplying components to First Solar and later cable harnesses to solar EPC contractors. It listed on Nasdaq (SHLS) through an initial public offering on January 27, 2021. Brandon Moss has been chief executive since July 2023, and Dominic Bardos has been chief financial officer since October 2022.

Clean Planet is a Japanese research firm developing lattice confinement fusion technology for clean heat generation without radioactive waste. Its scientists conduct experiments on gas-phase and metal-hydride systems to achieve transmutation and excess heat production. Based in Tokyo and founded on September 1, 2012, the company collaborates with universities and operates test reactors in Hokkaido. Clean Planet publishes results from quantum mechanics-based models and partners with Mitsubishi Heavy Industries for commercialization.

Electra is a steelmaking technology company that produces clean iron from high-impurity ores using electrolytic reduction powered by renewable energy. Operating a pilot plant in Boulder, Colorado since 2022, its process eliminates coking coal and cuts carbon emissions by 80% compared to blast furnaces. The company raised $85 million in Series A funding in 2023 from investors including Breakthrough Energy Ventures and works with steel producers to scale commercial facilities targeting 10 million tons annual output by 2030.

RKLab is a Haifa-based cleantech firm founded in 2014 that engineers the RK Injector, a self-pressurizing fuel injector designed for diesel engines. This technology leverages combustion chamber pressure to achieve lower-temperature fuel burning, slashing NOx emissions by up to 95 percent without relying on aftertreatment systems. The company targets heavy-duty trucks, marine vessels, and stationary power generators to comply with Euro 6 and EPA regulations across automotive and industrial sectors.

Source is a Scottsdale, Arizona-headquartered manufacturer of solar-powered hydropanels that extract drinkable water from ambient air. Founded in 2014, the company produces SOURCE Hydropanel systems using hygroscopic materials and photovoltaic modules to generate up to five liters of purified water daily per unit under arid conditions. Deployments span off-grid communities in the Middle East, disaster relief zones in the US Southwest, and commercial installations in agriculture. Source partners with organizations like the UN for humanitarian water access projects worldwide.

Summit Carbon Solutions develops carbon capture and storage infrastructure connecting industrial facilities, particularly biofuel producers, to permanent CO2 storage sites in the Midwestern United States. Its Midwest Carbon Express project links ethanol plants across Iowa, Minnesota, Nebraska, North Dakota, and South Dakota via a roughly 3,200 km pipeline network, aiming to capture up to 20 million tons of CO2 annually for underground storage. The company has a joint venture with Minnkota Power Cooperative providing access to a fully permitted CO2 storage site with capacity for more than a billion tons.