# Thiozen funding: rounds and investors

> Thiozen has raised $3.2M across 1 round since 2024. Investors include National Science Foundation, Cleantech Open and Good Growth Capital.

Source: https://millionrounds.com/company/thiozen (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Thiozen*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summary Updated 26 Oct 2026

**$3.2M** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $3.2M Apr 2024
- **Investors:** 4

See who backed them

## The rounds

- **Apr 2024** Grant **$3.2M** [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Cleantech Open](https://millionrounds.com/fund/cleantech-open) [Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) [Alberta Innovates](https://millionrounds.com/fund/alberta-innovates) Source recorded

## Founders and team

From Thiozen's own website and the SEC filings it signed: 3 founders, 2 on the team.

**Ryan Gillis** CEO & Co-Founder *Named on its 2021 Form D*

**Ajay H. Bawa** COO & Co-Founder *Named on its 2021 Form D*

**William H. Green** MIT Professor & Co-Founder *Named on its 2021 Form D*

- **Rachid Taha** VP of Research & Development
- **Jim Chu** Technology Director

On the board, as filed i *Massimiliano H. Pieri*

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Cleantech Open](https://millionrounds.com/fund/cleantech-open) Accelerator **1** round

[Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) VC firm **1** round

[Alberta Innovates](https://millionrounds.com/fund/alberta-innovates) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=thiozen).

## Quick answers about Thiozen

### Who invested in Thiozen?

Thiozen's investors include National Science Foundation, Cleantech Open, Good Growth Capital and Alberta Innovates.

### How much has Thiozen raised?

Thiozen has raised $3.2M across 1 round since 2024.

### When did Thiozen last raise?

Thiozen's most recent round was a Grant of $3.2M in Apr 2024.

### What was Thiozen's biggest round?

Its most recent round, $3.2M in Apr 2024, is also its largest on record.

### Who backed Thiozen first?

Thiozen's first round on record, in Apr 2024, was backed by National Science Foundation, Cleantech Open and Good Growth Capital and 1 others.

### What stage is Thiozen at?

Thiozen's latest named round is a Grant, in Apr 2024.

### Where is Thiozen based?

Thiozen is based in the United States.

## Companies like Thiozen

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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