ETCH Raises $7.5M in Seed Funding

USA
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ETCH, INC.

ETCH, a Baltimore, MD-based decarbonization company, raised $7.5M in Seed funding.

Emerald Development Managers made the investment.

The company intends to use the funds to begin commercialization of its products.

Formulated in the labs of Johns Hopkins University and a recipient of a competitive DOE ARPA-E grant, ETCH is a decarbonization company that eliminates carbon from natural gas to produce both clean hydrogen and solid carbon. The ETCH ProcessTM can convert nearly 100% of natural gas input into hydrogen, regardless of scale, and it requires minimal maintenance through its modular design.

ETCH uses earth-abundant materials that can be sourced domestically and will not be subject to supply chain disruptions and thereby enhance energy security.

FinSMEs

25/07/2023