The Engine was among the returning investors for the Rice spinout’s series B round, having previously backed a series A in 2019.
Syzygy Plasmonics, a US-based photocatalyst reactor developer based on research at Rice University, pocketed $23m in a series B round yesterday featuring The Engine, the venture fund backed by Massachusetts Institute of Technology and Harvard University.
Horizons Ventures led the round, which also included Equinor Ventures, the corporate venture capital arm of petroleum company Equinor, Goose Capital and Evok Innovations.
Founded in 2018, Syzygy Plasmonics is working on a reactor that relies on light rather than heat to…
