Monolith, founded in 2012 and headquartered in the United States, is at the forefront of sustainable manufacturing and energy innovation. The company specializes in cutting-edge pyrolysis technology to produce low-emission carbon black and hydrogen, thus aligning with the growing industrial emphasis on sustainability and environmental stewardship. Operating within the Energy and Manufacturing sectors, Monolith has positioned itself as a leader in the movement towards cleaner industrial processes.
In a significant move to bolster its scaling efforts, Monolith secured a substantial $300M in a Private Equity Round on July 14, 2022. The investment was led by prominent backers such as NextEra Energy Resources, Azimuth Capital Management, SK, TPG Rise Climate Fund, Mitsubishi Heavy Industries, and Decarbonization Partners. These investments not only reflect confidence in Monolith’s technological capabilities but also in its potential to reshape sustainable manufacturing practices globally.