About STAX
STAX is a company based in Los Angeles (United States) founded in 2016 by Bob Sharp. STAX has raised $50 million across 3 funding rounds from investors including Deutsche Bank, Firstime Ventures and Upper90. STAX offers products and services including Emissions Capture Technology, Mobile Emissions Control, and Land-Based Emissions Solutions. STAX operates in a competitive market with competitors including Eniram, Smart Green Shipping, Explicit, Yara Marine and FUELSAVE, among others.
- Headquarter Los Angeles, United States
- Founders Bob Sharp
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Sectors
Transportation, Automotive & LogisticsEnvironment
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series C
Feb 26, 2025
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Investors
Deutsche Bank
& 2 more
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Employee Count
Not available
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Products & Services of STAX
STAX offers a comprehensive portfolio of products and services, including Emissions Capture Technology, Mobile Emissions Control, and Land-Based Emissions Solutions.
Captures and controls pollutants from vessels and generators.
Provides portable solutions for emissions reduction in ports.
Treats exhaust from data center generators to minimize emissions.
People of STAX
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Funding Insights of STAX
STAX has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in STAX
STAX has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Deutsche Bank, Firstime Ventures and Upper90.
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Firstime Ventures is focused on investing in sustainable technology companies.
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Seed and early-stage tech startups are invested in by Upper90.
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Diversified banking and financial services are provided globally.
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Investor details for STAX
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Investments & Acquisitions by STAX
Investment portfolio details for STAX
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Financial Statements - STAX
Detailed financials for STAX
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Stax Comparisons
Peer comparison for STAX
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Competitors of STAX
STAX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eniram, Smart Green Shipping, Explicit, Yara Marine and FUELSAVE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fuel saving system for maritime vessels
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Auxiliary sails for ship propulsion systems are developed.
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Maritime emissions are monitored through microsensor technology and data systems.
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Emission control systems for the maritime sector are provided.
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Offers solutions to improve fuel efficiency in engines.
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Detailed competitors of STAX
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Latest news on Stax
Complete news archive for STAX
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Frequently Asked Questions about STAX
STAX was founded in 2016 and raised its 1st funding round 8 years after it was founded.
STAX is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Michael D Walker is the current CEO of STAX.
STAX is a funded company, having raised a total of $50M across 3 funding rounds to date.
STAX was founded in 2016 and is headquartered in Los Angeles, United States. Emission control and treatment systems for the maritime sector are developed and supplied. A mobile diesel emission reduction system is utilized to remove NOx, SOx, PM, and CO2 from oceangoing vessels, backup generators, ships at anchor, and boiler emissions at berth. Operations focus on diesel exhaust treatment for marine applications.
STAX's top competitors include Smart Green Shipping, Explicit and Eniram.
STAX offers Emissions Capture Technology, Mobile Emissions Control, and Land-Based Emissions Solutions.
STAX has 3 investors. Key investors include Deutsche Bank, Firstime Ventures, and Upper90.