# Talus Renewables

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/talus-renewables

- Industry: Renewable Energy
- Headquarters: Austin, US
- Website: www.talusag.com/
- Total disclosed funding: $22M
- Latest round: Series A (Nov 2, 2023)
- Investors on record: 4

## About

Based in Texas, US, Talus Renewables, Inc. provides refabricated, containerized, and autonomous green ammonia systems. The company was founded by Hiro Iwanaga, who is leading the firm as CEO, as of 2023. In November 2023, the firm raised USD 22 million in Series A funding co-led by investors Material Impact and Xora Innovation, with participation from investors Cavallo Ventures and Rice Investment Group.

The business provides a modular green ammonia system that makes it possible to produce inexpensive, carbon-free fertilizers and renewable fuels. The firm system creates green ammonia at or near the point of demand and minimizes or eliminates supply chain length for mining, agriculture, and industry. Other applications for the firm system include mining, maritime shipping, renewable energy storage, and power generation.

The company plans to use the November 2023 funding to accelerate the development of its green ammonia technology.

## Funding rounds

- Series A, Nov 2, 2023, $22M — Material Impact Fund, Cavallo Ventures, Rice Investment Group, Xora Innovation

## Investors

- Material Impact Fund (https://capitalatlas.ai/funds/material-impact-fund) — Series A
- Cavallo Ventures (https://capitalatlas.ai/funds/cavallo-ventures) — Series A
- Rice Investment Group (https://capitalatlas.ai/funds/rice-investment-group) — Series A
- Xora Innovation (https://capitalatlas.ai/funds/xora-innovation) — Series A