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Provider of process technology for extracting sugars from biomass

Founded in 2007
Founded in

Company type Private Public ()
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Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Tuscaloosa, AL Tuscaloosa, United States
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Updated by Cleantech Group on 03/09/2021

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Date Company
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Date Partner Type
07/15/2013
Trebet Assets Trebet Assets
Inventure, in partnership with Trebet, will form a joint venture company named Alchimia to build and operate a demonstration plant. Trebet will invest $8.2 million towards the joint venture.
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IPO INFORMATION

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Date Investors Type Amount
06/09/2017 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
The company and its grant partners including K-Technologies, Texas Mineral Resources, and Penn State University will receive $1 million to conduct laboratory testing and prepare a technical design for a pilot plant to produce salable REEs from coal-related materials from an eastern Pennsylvania anthracite coal mine.
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