New Iridium and ICIG Ventures have entered into a cooperation agreement to jointly advance next-generation photocatalytic processes

NewsBy Chern-Hooi LimAugust 12, 2025

Frankfurt, Germany and Fort Collins, Colorado, USA. ICIG Ventures, the venture capital arm of International Chemical Investors Group (ICIG), today announced a cooperation agreement with New Iridium, a sustainable chemical innovation company pioneering low-carbon and clean chemistry technologies, to advance next-generation photocatalytic processes in chemical manufacturing. Building on New Iridium’s proprietary light-driven platform for producing CO2-derived…

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New Iridium Raises $2.65M in Seed Funding to Accelerate Sustainable Chemical Platform

NewsBy Chern-Hooi LimJune 11, 2025

DENVER, CO – June 10, 2025 – New Iridium, a sustainable chemical innovation company pioneering low-carbon and clean chemistry technologies, today announced it has raised $2.65 million in seed financing. This funding builds on support from the National Science Foundation and U.S. Department of Energy (DOE), including a Small Business Innovation Research (SBIR) grant from…

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New Iridium’s Bio-Acetic Acid and Bio-Ethyl Acetate Certified 100% Bio-Based by USDA BioPreferred® Program

NewsBy Chern-Hooi LimMay 14, 2025

New Iridium is proud to announce that its flagship products, Bio-Acetic Acid and Bio-Ethyl Acetate, have been officially certified as 100% bio-based under the USDA BioPreferred® Program. This designation affirms the renewable origin and traceability of the carbon content in both products, based on rigorous carbon-14 isotope analysis. The certification was granted following third-party laboratory…

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New Iridium Achieves 200 Hours of Continuous Reactor Operation

NewsBy Chern-Hooi LimJanuary 31, 2025

New Iridium is proud to announce a major milestone in its process development: the successful continuous operation of its oxidation flow reactor for over 200 hours. This reactor is a cornerstone of the company’s proprietary technology platform that converts bio-ethanol into bio-based acetic acid and ethyl acetate— sustainable, drop-in alternatives to their fossil-derived counterparts. The…

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Jeff Uhrig Joins New Iridium as Strategic Advisor to Accelerate Growth and Commercialization

NewsBy Chern-Hooi LimDecember 1, 2024

New Iridium is pleased to announce the appointment of Jeff Uhrig as a Strategic Advisor to support the company’s next stage of growth in low-carbon chemical manufacturing. Jeff Uhrig is a seasoned entrepreneur and executive with two decades of experience in the specialty chemicals and sustainable materials sectors. He most recently served as CEO of…

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New Iridium Awarded DOE EnergyWerx Vouchers to Advance Commercialization of Bio-Based Chemicals

NewsBy Chern-Hooi LimOctober 29, 2024

New Iridium has been awarded two prestigious EnergyWerx Vouchers by the U.S. Department of Energy to accelerate the commercialization of its bio-based acetic acid and ethyl acetate platform. These awards support the company’s mission to deliver sustainable, low-carbon alternatives to fossil-derived chemicals. Voucher Opportunity 1: Pre-Demonstration Commercialization Support Under VO-1: Case Studies for the Decarbonization…

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New Iridium Selected as a Finalist in the Radicle Corn Challenge

NewsBy Chern-Hooi LimSeptember 24, 2024

New Iridium has been selected as one of the top four finalists for the Radicle Corn Challenge! We will be pitching our innovative technology at the event on October 22, 2024, in San Francisco. Our groundbreaking process converts corn ethanol into bio-based acetic acid—a critical building block in consumer products like footwear, paint, and adhesives.…

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New Iridium Received DOE (BETO) SBIR Phase I Grant

NewsBy Chern-Hooi LimAugust 26, 2024

New Iridium is excited to announce that we have been awarded $200,000 in funding through the SBIR Phase I program by the U.S. Department of Energy (EERE BETO). This grant will support the scaling up of our innovative bio-acetic acid solution, bringing us closer to delivering sustainable bio-based materials like EVA, PVA, and PVOH, and…

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New Iridium Reaches Kilogram-Scale Production Milestone for Bio-Acetic Acid

NewsBy Chern-Hooi LimOctober 11, 2023

New Iridium has achieved a major technical milestone by demonstrating production of 1kg of plant-based acetic acid from corn ethanol (Figure C). This was accomplished using a custom-built irradiated bubble column photoreactor (Figure A) with a theoretical capacity of 1 metric ton per year. Figure B and video show the bubble column photoreactor in action.…

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New Iridium Featured by SpringWise

NewsBy Chern-Hooi LimSeptember 22, 2023

PHOTOCATALYSTS UPCYCLE CO2 INTO COMMODITY CHEMICALS – A new process uses light instead of heat to produce chemicals – saving energy and using up captured CO2 in the process Highlight: Finding sustainable uses for captured CO2 is the challenge taken up by New Iridium. The company has developed a new photocatalysis platform that can efficiently…

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