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Skyonic
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Short description

Developer of carbon dioxide mineralization technology for industrial use in capturing, converting and sequestering carbon emissions as valuable byproducts

Founded in 2005
Founded in

Company type Acquired Public ()
Company type

Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 7-8
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 Austin, TX Austin, United States
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Updated by Cleantech Group on 01/04/2024

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  • 1 M&A items
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Date Company
06/17/2010

Lower Colorado River Authority Lower Colorado River Authority

Skyonic has field tested the SkyMine® process with Texas utilities LCRA and Luminant.

Confirmed by Lower Colorado River Authority

Partnerships
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Date Partner Type
07/10/2013
Toyo-Thai-USA Toyo-Thai-USA
Skyonic Corporation has awarded a $117M construction contract for the Capitol SkyMine carbon capture and utilization plant in San Antonio, Texas, to Toyo-Thai-USA Corporation. Toyo-Thai has also invested $1M in Skyonic to support the project.
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Confirmed by Toyo-Thai-USA
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IPO INFORMATION

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Description

Date Investors Type Amount
05/22/2014 Enbridge Enbridge , ConocoPhillips ConocoPhillips (2)
Post-money valuation of
Skyonic will use the funds for the continued development of its SkyCycle technology toward commercialization and support its international growth.
Growth Equity $12,500,000
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