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Transform Materials - About the company

Transform Materials is a series B company based in Riviera Beach (United States), founded in 2014 by David Soane. It operates as a Manufacturer of green hydrogen using non-thermal microwave plasma technology. Transform Materials has raised $25M in funding from Chart Industries. The company has 5 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Locus Bio-Energy Solutions, Organic Oil Recovery and Hasten Cleanse.

Company Details

Manufacturer of green hydrogen using non-thermal microwave plasma technology. It uses microwave-generated plasma to energize natural gas to form acetylene and hydrogen without any CO2 generation, offering a substitute for the chemical industry that generates impurities and forms greenhouse gases.
Key Metrics
Founded Year
2014
Location
Riviera Beach, United States
Stage
Series B
Total Funding
$25M in 1 round
Latest Funding Round
Ranked
Employee Count
18 as on Jul 01, 2024
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Transform Materials's funding and investors

Transform Materials has raised a total funding of $25M over 1 round. Its latest funding round was a Series B round on Mar 31, 2021 for $*****. 1 investor participated in its latest round. Transform Materials has 3 institutional investors.

Here is the list of recent funding rounds of Transform Materials:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 31, 2021
8956044
Series B
9940693
9910354
2501837
5409881
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Transform Materials' founders and board of directors

Founder? Claim Profile
The founders of Transform Materials is David Soane.
Here are the details of Transform Materials' key team members:
  • David Soane: Founder and Chairman of Transform Materials.

Transform Materials' employee count trend

Transform Materials has 18 employees as of Jul 24. Here is Transform Materials's employee count trend over the years:
Employee count trend for Transform Materials
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Transform Materials's Competitors and alternates

Top competitors of Transform Materials include Locus Bio-Energy Solutions, Organic Oil Recovery and Hasten Cleanse. Here is the list of Top 10 competitors of Transform Materials, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Transform Materials
Transform Materials
2014, Riviera Beach (United States), Series B
Manufacturer of green hydrogen using non-thermal microwave plasma technology
$25M
39/100
2nd
Logo for Locus Bio-Energy Solutions
Locus Bio-Energy Solutions
2015, Solon (United States), Funding Raised
Biosurfactant solutions for oil & gas: boosting production, sustainability
-
 
39/100
3rd
Provider of enhanced oil recovery technology using microbial processes
-
-
24/100
4th
Logo for Hasten Cleanse
Hasten Cleanse
1989, Houston (United States), Unfunded
Manufacturer of eco-friendly bio-degradable solutions for oil and petrochemical industries
-
-
23/100
5th
Logo for New AERO Technology
New AERO Technology
2017, Houston (United States), Funding Raised
Domain registration, web hosting, and website creation services
-
22/100
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Transform Materials's Investments and acquisitions

Transform Materials has made no investments or acquisitions yet.

Reports related to Transform Materials

Here is the latest report on Transform Materials's sector:

News related to Transform Materials

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FAQs about Transform Materials

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