UH tech bridge bound

Houston energy transition company announces move into new facility

At the UH Tech Bridge, Zenith aims to accelerate its research and development of novel gas and liquid filters, according to UH, to help reduce the cost of clean hydrogen. Photo by Natalie Harms

A Houston-area startup that is purifying water and chemicals with a innovative technology has announced its new office on the University of Houston's campus.

Missouri city-based Zenith Purification develops sorbents and polymeric membranes that can be used for carbon dioxide removal, hydrogen and natural gas purification, and water purification. According to the company, its processes are cost effective and offer a more efficient way to remove contaminants from water.

At the UH Tech Bridge, Zenith also aims to accelerate its research and development of novel gas and liquid filters, according to UH, to help reduce the cost of clean hydrogen.

“We are excited to embark on a new journey with the latest addition to our vibrant community, Zenith Purification LLC,” Darayle Canada, program director, startup development operations at UH Technology Bridge, said in a statement. “With their visionary team and cutting-edge technologies, they are poised to make a significant impact in the market. Their membership at the UH Technology Bridge will provide them with a supportive ecosystem, mentorship, resources, and networking opportunities to accelerate their growth.”

Zenith was founded in 2021 by Jian J. Zou in 2021. Zou has been granted three patents for his work in polymeric membrane synthesis and process development, which are the bases of the company. In July, Zenith was awarded its first research grant from the Department of Energy.

The UH Tech Bridge focuses on providing research and development space to UH-affiliated startups and entrepreneurs. The 15-building complex and its 31,000 square feet of incubator space houses more than 20 small companies and startups that provide internship and learning opportunities for UH students, along with several federally funded research centers and institutes.

In August the Tech Bridge announced that it would be partnering up with the UH Texas Gulf Coast Small Business Development Center to launch a new, collaborative program that will help innovators and entrepreneurs develop a pitch or commercialization plan. And in March it received a $2.875 million grant from the U.S. Department of Housing and Urban Development. to establish The Deck Innovation & Coworking Center.

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A View From HETI

The company plans to use the funds to support its flagship Texas facility and planned merger. Photo via LinkedIn

Houston-based Ace Green Recycling has raised $32 million in private investment in public equity (PIPE) financing to support its future plans for growth.

The battery recycling technology company secured the financing with Athena Technology Acquisition Corp. II, a publicly traded special purpose acquisition company that Ace previously announced it plans to merge with. Once the merger is completed, Ace will become a publicly traded company on the Nasdaq Stock Exchange under the ticker symbol "AGXI."

Ace says the financing will be used to complete the merger and scale the company.

“This investment accelerates our mission to redefine battery recycling at a global scale,” Ace CEO Nischay Chadha said in a news release. “At Ace, we are deploying Greenlead® and LithiumFirst™ as a new standard–fully electrified, Scope 1 emissions-free solutions designed to replace legacy processes and unlock a cleaner supply chain for critical materials. We believe that the future of electrification depends on how efficiently and sustainably we recover these resources, and this milestone brings us meaningfully closer to that future.”

Ace says the funding will also be primarily used to fund capital expenditures related to the development of its planned flagship recycling facility, located outside of Beaumont, Texas. According to a February investor presentation, the facility is expected to launch in 2027. It will recycle lead-acid and lithium-ion batteries.

Ace agreed to a 15-year battery material supply agreement with Miami-based OM Commodities last year, in which OM Commodities would supply Ace with at least 30,000 metric tons of lead scrap to be recycled annually. Switzerland-based Glencore plc agreed to a 15-year offtake agreement to purchase up to 100 percent of ACE’s products from four of its planned lead-acid and lithium-ion battery recycling parks back in 2022.

Ace also reported that the funding will be put toward "supporting the expansion of operations and to fund the purchase of other companies," in the release.

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