Solidec Company Profile

Background

Founded in 2023, Solidec is a Houston-based company dedicated to revolutionizing chemical manufacturing by developing technologies that capture carbon dioxide and convert it into valuable chemicals and fuels. The company's mission is to reverse decades of emissions and produce sustainable chemicals and fuels for years to come.

Key Strategic Focus

Solidec's strategic focus centers on developing a patent-pending electrolyzer platform that captures carbon and manufactures chemicals using only air, water, and renewable electricity. This technology aims to electrify carbon capture and chemical production, substantially lowering capital and energy costs.

Financials and Funding

Since its inception, Solidec has secured approximately $1 million in non-dilutive funding and is currently raising a $2 million pre-seed round. Notable investors include Chevron Technology Ventures, which selected Solidec for its Catalyst Program to support the development and prototyping of the company's electrolyzer platform.

Pipeline Development

Solidec's initial market focus is on hydrogen peroxide production, offering generators with maintenance contracts. Future plans include selling molecules directly and expanding into the production of carbon-based chemicals and fuels by leveraging their technology to capture and convert carbon dioxide.

Technological Platform and Innovation

The company's proprietary electrolyzer platform captures gaseous molecules like carbon dioxide and converts them into essential chemicals and fuels using renewable energy. This process eliminates the need for chemical separations, which are responsible for up to 15% of global energy consumption, thereby reducing both emissions and costs.

Leadership Team

Ryan DuChanois, Ph.D. – Co-Founder and Chief Executive Officer: Ryan has a background in developing and deploying technologies globally, with a master's degree in sustainability from Cambridge University, a Ph.D. in engineering from Yale University, and postdoctoral training at Rice University.

Yang Xia, Ph.D. – Co-Founder and Chief Technology Officer: Yang specializes in electrochemistry and reactor design, holding a B.S. from Northwestern University and a Ph.D. in chemical engineering from Rice University.

Haotian Wang – Co-Founder and Chief Scientist: An Associate Professor in the Department of Chemical and Biomolecular Engineering at Rice University, Haotian's research focuses on developing novel electrochemical reactors and nanocatalysts for energy and environmental applications.

Leadership Changes

As of June 2025, there have been no significant changes or appointments within Solidec's leadership team.

Competitor Profile

Market Insights and Dynamics

The chemical and petrochemical industries account for about 40% of industrial carbon emissions in the United States. Innovations like Solidec's electrolyzer technology are crucial for decarbonizing this sector.

Competitor Analysis

Solidec's competitors include:

Dioxycle: Develops electrolyzer conversion technology designed to capture and convert carbon dioxide into chemical products.

Ecosapiens: Provides carbon offsetting solutions.

Callida Energy: Offers software that optimizes facilities' performance to increase net operating income and reduce carbon emissions.

Bodeker Scientific: Specializes in the science of stratospheric ozone depletion, stratospheric composition, and climate change.

Strategic Collaborations and Partnerships

Solidec has established significant partnerships to advance its mission:

Chevron Technology Ventures' Catalyst Program: Supports the development and prototyping of Solidec's electrolyzer platform.

Rice University: Signed an exclusive global licensing agreement, granting Solidec rights to technologies developed at the university.

Greentown Labs: Became a member of this community of climate-tech pioneers, providing resources and support for Solidec's growth.

Operational Insights

Solidec's proprietary electrolyzer technology offers a distinct competitive advantage by enabling the production of chemicals and fuels from air and water using renewable electricity. This approach reduces reliance on fossil fuels, lowers production costs, and decreases carbon emissions, positioning Solidec favorably in the market.

Strategic Opportunities and Future Directions

Solidec aims to expand its product offerings beyond hydrogen peroxide to include carbon-based chemicals and fuels. The company plans to conduct on-site demonstrations with prospective customers, build an integrated minimum viable product, and scale its production capacity by 100x in the coming year.