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
Investors
Ranked
1st among 5 active competitors
Employee Count
18 as on Jul 01, 2024
Similar Companies
Legal entities associated with Transform Materials
Transform Materials is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Transform Materials Llc CIN: 41-222824 , United States, Active | Dec 31, 2013 | - | - | - |
Sign up to download Transform Materials' company profile
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 |
View details of Transform Materials's funding rounds and investors
Transform Materials' founders and board of directors
Founder? Claim ProfileThe 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.
View details of Transform Materials's Founder profiles and Board Members
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:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Transform Materials 2014, Riviera Beach (United States), Series B | Manufacturer of green hydrogen using non-thermal microwave plasma technology | $25M | 39/100 | |
2nd | Locus Bio-Energy Solutions 2015, Solon (United States), Funding Raised | Biosurfactant solutions for oil & gas: boosting production, sustainability | - | 39/100 | |
3rd | Organic Oil Recovery 2018, United Kingdom, Acquired | Provider of enhanced oil recovery technology using microbial processes | - | - | 24/100 |
4th | Hasten Cleanse 1989, Houston (United States), Unfunded | Manufacturer of eco-friendly bio-degradable solutions for oil and petrochemical industries | - | - | 23/100 |
5th | New AERO Technology 2017, Houston (United States), Funding Raised | Domain registration, web hosting, and website creation services | - | 22/100 |
Looking for more details on Transform Materials's competitors? Click here to see the top ones
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
•
•
Transform Materials Announces Key Senior Management AppointmentsPR Newswire•May 19, 2022•Transform Materials, J P Morgan, Goodwin
•
Hyzon Motors to collaborate with Transform Materials on renewable hydrogen productionBiofuels Digest•Jan 23, 2022•Hyzon Motors, Transform Materials
•
Transform Materials Achieves Milestone In Commercial-Scale Pilot plant to Produce HydrogenFuelcellsworks•May 12, 2021•Transform Materials
•
•
Chart invests in Transform Materials for hydrogen productionOffshore Energy•Apr 01, 2021•Chart Industries, Transform Materials
Are you a Founder ?
FAQs about Transform Materials
Explore our recently published companies
- Sciom.com - 2003 founded, Unfunded company
- Kagulex - Horsham based, 2023 founded, Unfunded company
- Mrigangi - 2018 founded, Unfunded company
- Foxypearljewelry - Houston based, 2020 founded, Unfunded company
- ThunderBurst Media - Dallas based, 2021 founded, Unfunded company
- Ekuom - Shanghai based, Unfunded company