# MaverickX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maverickx

- Industry: Chemicals
- Headquarters: Austin, US
- Website: www.maverickx.com
- Total disclosed funding: $27M
- Latest round: Seed (May 1, 2026)
- Investors on record: 8

## About

MaverickX, based in the US, specializes in delivering advanced chemical solutions to enhance operations in the oil and gas, mining, and water treatment industries, focusing on sustainability and resource efficiency.Founded in 2022 in Austin, US, MaverickX develops chemical solutions for various sectors, adapting its strategies as necessary to meet evolving market demands. The company is led by CEO Eric Herrera. In May 2026, MaverickX raised an undisclosed amount of venture funding from new investor Chord Energy, with participation from returning investor Olive Tree Capital.
MaverickX specializes in advanced chemical solutions tailored for the oil and gas, mining, and water treatment industries. Their core offerings include PetroX for oilfield chemistry, enhancing production and refining processes; LithX for mining chemistry utilizing next-generation lixiviation methods; and HydroX for water chemistry aimed at wastewater treatment and recovery of valuable byproducts. These products are non-hazardous, non-toxic, non-flammable, and biodegradable, serving clients across the Americas, Europe, and Australia, with a focus on resource extraction and environmental management sectors.

## Funding rounds

- Seed, May 1, 2026, $7.5M — Chord Energy Corp., Olive Tree Capital
- Seed, Apr 3, 2025, $19M — Y Combinator, Soma Capital Management, Liquid 2 Ventures, TechNexus Venture Collaborative, Hanwha Asset Management, Olive Tree Capital, Nomadic Venture Partners

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- TechNexus Venture Collaborative (https://capitalatlas.ai/funds/technexus-venture-collaborative) — Seed
- Hanwha Asset Management (https://capitalatlas.ai/funds/hanwha-asset-management) — Seed
- Olive Tree Capital (https://capitalatlas.ai/funds/olive-tree-capital) — Seed
- Nomadic Venture Partners (https://capitalatlas.ai/funds/nomadic-venture-partners) — Seed
- Chord Energy Corp. — Seed