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Lydian
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Developer of sustainable aviation fuels and petrochemical products utilizing carbon dioxide and water

Founded in 2021
Founded in

Company type Private Public ()
Company type

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
TRL Range

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Headquarters Sommerville, MA Sommerville, United States
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Updated by Cleantech Group on 07/26/2024

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Date Company
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Date Partner Type
07/12/2022
Carbon to Value Initiative Carbon to Value Initiative
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Confirmed by Carbon to Value Initiative
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
09/06/2023 Congruent Ventures Congruent Ventures , Galvanize Climate Solutions Galvanize Climate Solutions , Grok Ventures Grok Ventures , Voyager Ventures Voyager Ventures , Union Square Ventures Union Square Ventures , Overture VC Overture VC , Overlap Holdings Overlap Holdings , Global Founders Capital Global Founders Capital (8)
Post-money valuation of
The company plans to use the new funding to build an integrated pilot plant in 2024 which will be capable of producing over 5,000 gallons of SAF per year. This funding includes $3M in previously unannounced funding in June 2022.
Seed $15,000,000
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