Opus 12 -- led by Cyclotron Road innovators Kendra Kuhl and Etosha Cave, along with co-founder and CEO Nicholas Flanders (pictured left, right, and center, respectively) -- continues its impressive effort building a strong coalition of support to commercialize their record-breaking CO2 recycling reactor.
At Activate 2016 on September 29th, Cave announced that Opus 12 has been selected to join Breakout Labs, a funding and support program for early stage science startups run by the Thiel Foundation. According to their website, Breakout Labs provides "up to $350,000 for companies to achieve specific milestones that are critical to their development." The program includes special events for its portfolio companies, exposure at its annual "Unboxing" event, access to a network of investors, strategic advisors, and industry partners, and advice from the Breakout Labs team.
Today, Opus 12 won the Forbes 30 Under 30 Change the World Competition in Boston, taking home a Grand Prize of $450,000 in grants and funding. Flanders pitched Opus's technology for a panel of judges that included actor Ashton Kutcher (pictured second from right and right, respectively). Opus was awarded first place out of over 1000 companies that applied to the contest.
It was also announced today that Opus 12 advanced to the semifinals of the NRG Carbon XPRIZE, a $20 million "global competition to develop breakthrough technologies that convert the most carbon dioxide emissions from natural gas and power plant facilities into products with the highest net value." Opus 12 is one of 27 teams to advance to the semifinal round and one of 12 teams in the coal competition track.
Congratulations to Kendra, Etosha, Nicholas and the Opus 12 team for all of their exciting progress!