Rive Technology
AcquiredResid Conversion
MONMOUTH JUNCTION, United States · $25.0M raised
- Headquarters
- MONMOUTH JUNCTION, New Jersey
- Employees
- 11–50
- Business Model
- B2B
- Website
- rivetechnology.com
- Total Funding
- $25.0M
- Last Round
- $25.0M Series C
- Rounds
- 1
- Acquisition Date
- Jun 2019
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Rive Technology, Inc. was a VC-funded MIT spin-off company based in Monmouth Junction, New Jersey, that developed and commercialized mesoporous zeolite catalysts for energy applications, particularly fluid catalytic cracking (FCC) in petroleum refining. Co-founded by Javier Garcia Martinez, the company's proprietary nanotechnology created zeolites with a hierarchical pore structure that significantly improved catalyst performance — increasing gasoline and other valuable product yields while reducing coke and gas formation. Rive Technology's mesoporization process was designed to be retrofittable into existing refinery catalyst manufacturing, allowing refiners to upgrade performance without major capital investment. The company secured partnerships with major catalyst manufacturers and oil refiners before being acquired.
Summary
Rive Technology is a Climate Tech company based in MONMOUTH JUNCTION, United States. It has raised $25.0M in total across 1 round.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Jun 2019
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Funding, valuations, and company events, with amounts and investors where available.
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