# Trillium Renewable Chemicals funding: rounds and investors

> Trillium Renewable Chemicals has raised $24M across 2 rounds since 2022. Investors include Capricorn Partners, HS Hyosung Advanced Materials and Hyosung...

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

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

# Who invested in *Trillium Renewable Chemicals*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials Cleantech Manufacturing

Raised 6 months ago

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Funding summary Updated 15 Nov 2026

**$24M** raised across 2 rounds since 2022, from 3 sources

**$11M** Series A **$13M** Series B

- **Latest round:** Series B, $13M May 2026
- **Led by:** HS Hyosung Advanced Materials
- **Step-up i:** 1.2×
- **Investors:** 5 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024 2025 2026

**$11M** Series A

**$13M** Series B

- **First round:** Series A, $11M
- **Biggest round:** $13M
- **Between rounds:** 3.4 years

## The rounds

- **May 2026** Series B **$13M** *2 new* *1 returning* [HS Hyosung Advanced Materials](https://millionrounds.com/fund/hs-hyosung-advanced-materials) Lead [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) Reported by Capricorn Partners and 1 other SEC filing: $16M sold
- **Dec 2022** Series A **$11M** *3 new* [Hyosung Advanced Materials Corporation](https://millionrounds.com/fund/hyosung-advanced-materials-corporation) Lead [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) [HELM AG](https://millionrounds.com/fund/helm-ag) Reported by Capricorn Partners

## Funding filed with regulators

Trillium Renewable Chemicals filed 5 raises, $44M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2026 **$16M** 2 investors SEC Form D
- Jul 2024 **$9.8M** 2 investors of $14M offered SEC Form D
- Jun 2024 **$9.8M** 2 investors of $14M offered SEC Form D
- Jul 2022 **$7.1M** 2 investors equity of $12M offered SEC Form D
- Feb 2021 **$1.5M** 1 investor equity of $6.0M offered SEC Form D

## Founders and team

From Trillium Renewable Chemicals's own website: 1 founder, 6 on the team.

**Corey Tyree** Founder and CEO

- **Dennis Jewell** Chief Process Engineer
- **Patrick Hoogendijk** Chief Financial Officer
- **Anthony Martinez** Project Manager
- **Chance Hostetler** Principal Process Engineer
- **Erik C. Scher** Independent Board Chair
- **Harry Ledebur** Board Member, Southern Research

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2022 **Series B** 2026 [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) [HS Hyosung Advanced Materials](https://millionrounds.com/fund/hs-hyosung-advanced-materials) L [Hyosung Advanced Materials Corporation](https://millionrounds.com/fund/hyosung-advanced-materials-corporation) L [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [HELM AG](https://millionrounds.com/fund/helm-ag)

## Everyone who backed them

[Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) VC firm **2** rounds

[HS Hyosung Advanced Materials](https://millionrounds.com/fund/hs-hyosung-advanced-materials) Growth equity **1** round, led 1

[Hyosung Advanced Materials Corporation](https://millionrounds.com/fund/hyosung-advanced-materials-corporation) VC firm **1** round, led 1

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

[HELM AG](https://millionrounds.com/fund/helm-ag) VC firm **1** round

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

## Quick answers about Trillium Renewable Chemicals

### Who invested in Trillium Renewable Chemicals?

Trillium Renewable Chemicals's investors include Capricorn Partners, HS Hyosung Advanced Materials, Hyosung Advanced Materials Corporation, US Department of Energy and HELM AG. HS Hyosung Advanced Materials led its latest round.

### How much has Trillium Renewable Chemicals raised?

Trillium Renewable Chemicals has raised $24M across 2 rounds since 2022.

### When did Trillium Renewable Chemicals last raise?

Trillium Renewable Chemicals's most recent round was a Series B of $13M in May 2026, led by HS Hyosung Advanced Materials.

### What was Trillium Renewable Chemicals's biggest round?

Its most recent round, $13M in May 2026, is also its largest on record.

### Who backed Trillium Renewable Chemicals first?

Trillium Renewable Chemicals's first round on record, in Dec 2022, was backed by Hyosung Advanced Materials Corporation, Capricorn Partners and HELM AG.

### What stage is Trillium Renewable Chemicals at?

Trillium Renewable Chemicals's latest named round is a Series B, in May 2026.

### Where is Trillium Renewable Chemicals based?

Trillium Renewable Chemicals is based in the United States.

### Who led Trillium Renewable Chemicals's rounds?

Hyosung Advanced Materials Corporation led the Series A in 2022; HS Hyosung Advanced Materials led the Series B in 2026.

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