M2X Energy Inc.
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M2X Energy Inc. - overview
Established
2020
Location
Rockledge, FL, US
Primary Industry
Chemicals
About
Founded in 2020 and based in Florida, US, M2X Energy Inc. operates as a carbon offsetting company to minimize gas flaring and reduce its impact on the climate. The company was founded by its CEO, Josh Browne, Tony Dean, and Paul Yelvington. In June 2024, M2X Energy Inc.
raised USD 40 million in Series B funding led by Conifer Infrastructure Partners, Breakthrough Energy Ventures, Eni Next, AddVentures, and the Autodesk Foundation. M2X Energy develops modular and transportable gas-to-liquid systems that convert stranded methane into low-carbon methanol using a non-catalytic, partial-oxidation engine reformer. The firm’s product line includes gas-to-methanol systems that produce low-carbon methanol, including biomethanol. The company plans to use the funds raised in January 2024 to expand its development and deployment of M2X's first commercial fleet of low-carbon methanol production units.
Current Investors
Breakthrough Energy Ventures, AddVentures, Eni Next
Primary Industry
Chemicals
Sub Industries
Environmental Services, Logistics & Distribution, Commodity Chemicals
Website
www.m2x.energy
Verticals
Clean Technology, Manufacturing
Company Stage
Series B
Total Amount Raised
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