New Iridium

Clean tech · Private

Light-driven photocatalytic system for converting CO2 into terephthalic acid

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Updated Oct 23, 2026 · newiridium.com

Sector: Clean tech
Total capital: $4.9M

Federal grants: $4.9M; 8 awards · 2019–2023; Rank in peer group#16 of 23
Private capital raised: None on recordNo Form D filings on SEC EDGAR. Some raises are not filed.
Federal contracts: None on recordNo federal contract awards found.
Granted patents: 0; 16 pending

Capital timeline

Latest events

Apr 2023Federal grantNSF · Phase II · SBIR Phase II: Utilizing Carbon Dioxide (CO2) as a Feedstock to Produce Commodity Chemicals$1M
Mar 2021Federal grantHealth and Human S · Phase II · Organic photoredox catalysts as sustainable and cost-effective replacement forprecious metal complexes in light-driven drug synthesis$734K
May 2020Federal grantNSF · Phase I · STTR Phase I: Enabling Rapid Scale-up of COVID-19 Treatment using Next-Generation Light Driven Chemistry$256K
Apr 2020Federal grantHealth and Human S · Phase II · Organic photoredox catalysts as sustainable and cost-effective replacement forprecious metal complexes in light-driven drug synthesis$766K
Apr 2020Federal grantHealth and Human S · Phase II · Organic photoredox catalysts as sustainable and cost-effective replacement forprecious metal complexes in light-driven drug synthesis$1.5M
Jan 2020Federal grantNSF · Phase I · SBIR Phase I: Development and commercialization of organic photocatalysts for light-driven C-N cross-coupling reaction$225K
Feb 2019Federal grantHealth and Human S · Phase I · Organic photoredox catalysts as sustainable and cost-effective replacement for precious metal complexes in light-driven drug synthesis$225K

Show 1 earlier federal award

Feb 2019Federal grantHealth and Human S · Phase I · Organic photoredox catalysts as sustainable and cost-effective replacement for precious metal complexes in light-driven drug synthesis$225K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 23 peers

Line = median

Clean tech · System

Federal grantsBelow median
Linked publications#1 · top 4%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

No founders are linked to this company yet.

Founders appear once a person is matched to the company through its own patents, grants or filings. We never infer people from social profiles.

Checked: USPTO inventors; federal award principal investigators; SEC Form D related persons · Oct 23, 2026

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What it has protected

USPTO · 0 granted of 16

Dec 21, 2023PendingCatalyst Composition For Biaryl Synthesis By Decarboxylative Cross-couplingUSPTOApplication 18306519
Dec 21, 2023PendingUse Of A Catalyst Composition For Biaryl Synthesis By Decarboxylative Cross-couplingUSPTOApplication 18306624
Mar 23, 2023PendingPhotoredox Catalysts And Methods Of Using Such CatalystsUSPTOApplication 17790027

Show all 16 patent records

Catalyst Composition For Biaryl Synthesis By Decarboxylative Cross-couplingDec 21, 2023 · Application 18306519Pending
Use Of A Catalyst Composition For Biaryl Synthesis By Decarboxylative Cross-couplingDec 21, 2023 · Application 18306624Pending
Photoredox Catalysts And Methods Of Using Such CatalystsMar 23, 2023 · Application 17790027Pending
Catalyst System For Suzuki Cross-coupling ReactionsMar 2, 2023 · Application 17806964Pending
Photocatalytic Synthesis Of A,b Unsaturated Carbonyl Compounds And Their IntermediatesApplication PCTUS2022037417Pending
Catalyst composition for biaryl synthesis by decarboxylative cross-couplingApplication 63366717Pending
Use Of A Catalyst Composition For Biaryl Synthesis By Decarboxylative Cross-couplingApplication 63366714Pending
Catalyst System For Suzuki Cross-coupling ReactionsApplication 63203349Pending
Photoredox Catalysts And Methods Of Using Such CatalystsApplication PCTUS2021012960Pending
Photocatalytic Carboxylation Of Alkanes With Carbon DioxideApplication 19516338Pending
Catalytic Oxidation Of EthanolApplication 18869524Pending
Photocatalytic Carboxylation Of Substrates With Carbon DioxideApplication PCTUS2024046073Pending
Photocatalytic Synthesis Of Alpha, Beta Unsaturated Carbonyl Compounds And Their IntermediatesApplication 18995441Pending
Catalytic Oxidation Of EthanolApplication PCTUS2024046071Pending
Photocatalytic Carboxylation Of Alkanes With Carbon DioxideApplication 63537912Pending
Catalytic Oxidation Of Ethanol To Acetic AcidApplication 63537919Pending

Recent research by its founders

Substrate-Photocatalyst Reactivity Matching Enables Broad Aryl Halide Scope in Light-Driven, Reductive Cross-Electrophile Coupling Using <sup>13</sup>C NMR as a Predictor20251 cites
Visible‐Light‐Promoted C−S Cross‐Coupling Reaction for Synthesis of Aromatic Thioethers20240 cites
Halide Noninnocence and Direct Photoreduction of Ni(II) Enables Coupling of Aryl Chlorides in Dual Catalytic, Carbon–Heteroatom Bond-Forming Reactions202348 cites

NEW IRIDIUM, INCShares a founder: CHERNHOOI LIM
Charbone Hydrogen CorpSimilar federal contract value in Clean tech · null in contracts
Cella Mineral Storage Inc.Similar federal contract value in Clean tech · null in contracts
ATERNIUM, INC.Similar federal contract value in Clean tech · null in contracts
T2C-ENERGY LLCSimilar federal contract value in Clean tech · null in contracts
4D MAKER, LLCSimilar federal contract value in Clean tech · null in contracts

Regulatory activity · Clean tech

Sector-level, not company-level

09 Jul 2026Air Plan Approval; Michigan; Redesignation and Maintenance Plan for the Partial St. Clair 2010 1-Hour Sulfur Dioxide (SO2) NAAQS Nonattainment AreaEnvironmental Protection Agency
02 Jul 2026Air Plan Approval; Delaware; 2006 24-Hour Fine Particulate Matter Limited Maintenance Plan for the Philadelphia Nonattainment AreaEnvironmental Protection Agency
02 Jul 2026Air Plan Approval; Oklahoma; Updates to the State Implementation Plan for New Source Review Permitting and General SIP ProvisionsEnvironmental Protection Agency
30 Jun 2026Epyrifenacil; Pesticide TolerancesEnvironmental Protection Agency
30 Jun 2026Fluoxapiprolin; Pesticide TolerancesEnvironmental Protection Agency
30 Jun 2026Chlormequat Chloride; Pesticide TolerancesEnvironmental Protection Agency

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 23, 2026. SBIR and STTR awards through Oct 21, 2026.