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Pajarito Powder

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Developer and manufacturer of Advanced Catalysts and Engineered Catalyst Supports for Fuel Cell Electric Vehicles

Albuquerque, United StatesFounded 2011Transportation
Valuation $25–50M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Pajarito Powder and the history behind them.

About Pajarito Powder

Pajarito Powder, LLC is a venture-backed manufacturer specializing in the production of advanced catalysts. These catalysts are primarily used in Proton Exchange Membrane (PEM) and alkaline fuel cells and electrolyzers. In simpler terms, the company produces special substances that speed up chemical reactions in fuel cells and electrolyzers, which are devices used to generate electricity.

Their product range includes Platinum Group Metal (PGM) catalysts, Engineered Catalyst Supports (ECS products), and Precious Metal Free (PMF) catalysts. These products are used in Fuel Cell Electric Vehicles (FCEV), which are vehicles powered by electricity generated from a fuel cell. The company's unique manufacturing platform, VariPore©, allows for the production of high-performance, durable catalyst products on a large scale.

Pajarito Powder operates in the green energy market, serving clients such as vehicle manufacturers and energy companies. They have recently partnered with two national labs, General Motors, and Strategic Analysis to develop lower-cost catalysts. This collaboration aims to make hydrogen-powered vehicles more affordable and accessible, indicating a potential growth area for the company.

The company's business model is based on manufacturing and selling their catalyst products. They generate revenue through sales to vehicle manufacturers and other companies in the energy sector. They also benefit from strategic partnerships and funding awards, such as a recent $10 million award, which supports their research and development efforts.

Source: Dealroom company data

At a glance

Founded
2011
Headquarters
Albuquerque, United States
Sector
Transportation

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • US Department of Energy

Series A3 investors entered at this stage

  • Hyundai Motor Company
  • Bekaert
  • Kia Motors

Series B and later1 investor entered at this stage

  • Ecovyst
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States93.5%
🇧🇪 Belgium3.2%
🇩🇪 Germany3.2%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Pajarito Powder on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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