Auterra

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Auterra - overview

Established

2003

Location

Schenectady, NY, US

Primary Industry

Materials

About

Auterra specializes in innovative desulfurization technologies aimed at improving oil quality while reducing environmental impact. Their solutions cater to various sectors within the petrochemical industry, promoting compliance with stringent regulations. Founded in 2003, Auterra operates out of Schenectady, US, providing advanced solutions for oil desulfurization. The company has been involved in five notable deals, with their most recent funding round being a Grant of USD 0.


40 mn from the New York State Energy Research and Development Authority on November 29, 2012. The CEO, Eric Burnett, leads the firm, which has focused on enhancing its technological offerings since inception. Auterra offers innovative solutions for oil desulfurization through its core product line of FLEX desulfurization technologies, which utilize oxidation reactions at room temperature to effectively remove sulfur and impurities from oil. These technologies are designed as an alternative to conventional hydroprocessing, addressing the critical need to reduce greenhouse gas emissions while maintaining oil quality across various fuel streams.


Aimed at a diverse clientele including petrochemical companies, oil producers, pipeline operators, and refiners, Auterra's products are particularly suited for handling smaller volumes and heavier feedstocks that traditional systems often struggle with. The company's desulfurization solutions are relevant in various geographical markets, including North America and Europe, where new regulatory standards demand improved treatment options for high-sulfur content fuels. Through their advanced oxidation processes, Auterra is positioned to cater to evolving industry needs while enhancing product quality and operational efficiency. Auterra generates revenue through the sale of its specialized desulfurization technologies and associated services, focusing on B2B transactions with industries that require compliance with stringent sulfur regulations.


The company's business model involves direct partnerships with refiners and oil producers, which may include both one-time sales and long-term contracts for equipment and maintenance services. This transactional structure allows clients to implement Auterra's FLEX technologies into their operations, thereby facilitating the treatment of various oil streams. Pricing plans are structured around the specific technologies offered, with flagship products such as FlexULS Polishing and FlexUP Deep Removal commanding premium pricing due to their advanced capabilities and efficiency. These comprehensive solutions enable clients to reduce operational costs while adhering to environmental standards, thus reinforcing Auterra's value proposition in the market.


Auterra aims to leverage its recent Grant funding of USD 0. 40 mn to enhance its product development and expand its market presence. The company is focusing on launching new desulfurization solutions that are tailored for emerging environmental regulations across North America and Europe. Future product innovations are expected to align with the increasing demand for high-quality fuel standards, enhancing Auterra's competitive edge.


Additionally, strategic plans for entering new geographic markets are being explored, targeting sectors that are increasingly prioritizing environmental compliance by 2025.


Current Investors

Primary Venture Partners, Village Ventures, FA Technology Ventures

Primary Industry

Materials

Sub Industries

Advanced Materials

Website

www.auterrainc.com

Verticals

Clean Technology, Research (Non-Medical)

Company Stage

Series C

Total Amount Raised

Subscriber access only

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