Monolith Materials, a company based in Lincoln, Nebraska, known for its expertise in clean hydrogen and carbon black production, recently received undisclosed funding from investors such as Azimuth V Energy Evolution Fund, Cornell Capital, and others. The funding is intended to support the company's commercial growth and further development in the clean energy sector. Led by CEO Rob Hanson, Monolith utilizes a proprietary plasma pyrolysis process powered by clean energy sources to produce carbon black and hydrogen with minimal emissions. The carbon black generated by Monolith is essential for various industries like tires, plastics, inks, and paints. The company's existing facility, OC1, already supplies carbon black to tire manufacturers across North America. With the new funding, Monolith aims to expand its operations at the OC2 facility to produce clean hydrogen, which will be converted to ammonia for use as fertilizer in the agricultural sector. This initiative aligns with the company's goal of promoting sustainable practices and supporting farmers in the United States' Corn Belt region. The backing from investors like TPG Rise Climate and Warburg Pincus reflects confidence in Monolith's innovative approach to clean energy production and its potential impact on multiple industries. The expansion plans highlight Monolith's commitment to advancing clean energy solutions and fostering environmental stewardship.