New iridium raises $2.65m in seed funding to accelerate sustainable chemical platform

Denver, june 11, 2025 (globe newswire) -- 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 the bioenergy technologies office (beto) and energywerx vouchers awarded through the doe's office of technology commercialization (otc).
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