Grants and Awards
Funding Support
Liatris raised a $1 million seed round in 2021 from the Maryland Momentum Fund, Old Line Capital, and various angel investors. The Company has also won $10 million in highly competitive funding awards including the following:
U.S. Department of Energy
Buildings Energy Efficiency Frontiers & Innovations Technologies (BENEFIT) Grant: R-5+ Retrofit Cladding System with Low-Cost Clay-Cellulose Insulation
Buildings Energy Efficiency Frontiers & Innovations Technologies (BENEFIT) Grant: R-10/ inch High Performance Clay-Cellulose-Silica Nanopore Insulation Board for New and Retrofit Buildings
National Science Foundation
Small Business Innovation Research (SBIR) Phase I and Phase II awards for Mass Produced, Flexible insulation for Non-Combustible Buildings and Other High-Temperature Applications
SBIR Phase IIB Supplemental Funding Award
Technology Enhancement for Commercial Partnerships (TECP) Supplemental Funding Award
Maryland Department of Commerce
Build Our Future Program Grant Pilot Program for the Liatris Super Insulation Prototype Center
ExportMD international trade grant
Montgomery County Business Center
MOVE Grant to support Liatris commercial lease
Technology Innovation Fund grant supporting Liatris as an early state business developing proprietary technology with high growth potential.
University of Maryland
Maryland Industrial Partnerships awarded funding to Liatris as a university-based research project developing new products.
Energy Bridge Fund awarding bridge funding for cost-sharing on federal awards
Maryland Technology Internships Program to support local state university hiring initiatives
Sto and Problem Space
Winner of the Open Innovation Building Materials Challenge
Initial seed funding
Ongoing technology validation demonstrating customer interest for early stage adoption