Founded in 2005, Skyonic Corporation developed SkyMine®, the first carbon capture technology designed to profitably capture carbon dioxide (CO2) emissions by mineralizing the gas into baking soda. Developed by inventor and CEO, Joe Jones, SkyMine® is a patented green chemistry process that enables power-generation and industrial manufacturing plants to cost-effectively produce energy and products in a cleaner way. Skyonic has conducted field trials and pilot projects of its technologies at power plants throughout Texas. The company is headquartered in Austin, Texas and is backed by venture capital
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 06/26/12 | $9,000,000 | Series C |
BP Ventures Carl Berg ConocoPhillips Northwater Capital Management PVS Chemicals Zachry Corporation | undisclosed |
| 06/26/13 | $39,000,000 | Series C |
Apollo Investment Corporation Maxus Capital Group | undisclosed |
| 05/23/14 | $12,500,000 |
ConocoPhillips Enbridge | undisclosed |
