UF Startups Among Companies Selected for U.S. Funding to Reduce Carbon Emissions

The U.S. Department of Energy (DOE) announced $135 million for 40 projects that will reduce carbon pollution from the industrial sector and move the nation toward a net-zero emissions economy by 2050 by advancing key transformational and innovative technologies. Decarbonizing the U.S. industrial sector is an essential component of President Biden’s clean energy goals.

UF startup Micro Nano Technologies, incubating at UF Innovate | Accelerate at The Hub, is one of six companies sharing $16.2 million in funding for decarbonizing paper and forest products. The goal is to reduce net energy GHG emissions in the paper and forest products industry including increasing the share of renewable energy used, electrification, carbon capture, and energy efficiency.

UF startup RedoxBlox, located in San Diego, California, is one of nine companies sharing $38.3 million in funding for decarbonizing chemicals. The goal is to increase energy efficiency and reduce the carbon impacts from the production of high-volume chemicals by focusing on unit operations, including advanced separations and advanced reactors, along with alternative production and process heating technologies.

The other 25 companies selected will handle decarbonizing in 4 other categories.

“America’s industrial sector serves as the engine of the U.S. economy, producing many of the products we rely on every day, but also produces a significant amount of the nation’s carbon emissions,” said U.S. Secretary of Energy Jennifer M. Granholm. “These projects funded by President Biden’s Investing in American agenda will slash industrial emissions and accelerate next-generation technologies for a clean energy future that’s made in America.” 

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