# Commercialization Reactor

> Commercialization Reactor is a VC fund in Riga backing Manufacturing and Water. See 5 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riga, Latvia
- Total investments: 5
- Last investment: Oct 2022
- Lead investor: 80%
- Fund size: $5.9M
- Last fund: Sep 2017
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/commercialization-reactor
- X (Twitter): http://twitter.com/commerreactor
- Website: http://www.commercializationreactor.com
- Facebook: http://www.facebook.com/CommercializationReactor

Commercialization Reactor is an international technology commercialization platform that features deep-tech startup creation, acceleration and funding. We bring together world class scientific teams with entrepreneurs and startups with industry. We have made 90+ teams and done 13 acceleration programs since 2009. Startups that have science behindtheir tech and team with both – scientists and entrepreneurs, are welcome to apply for a 6-month acceleration program with up to 300 000 EUR investment available per team. The priority of the program is customer development with focus on IP strategy, team alignment, market fit and lead generation.

## Contacts

5 contacts available for Commercialization Reactor. Shizune tracks 3 team members at Commercialization Reactor. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/commercialization-reactor?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 60% |
| Water | 1 | 20% |
| AgTech | 1 | 20% |
| Drones | 1 | 20% |
| Energy | 1 | 20% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 3 | 60% |
| Seed | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Katy Raven | Founder and CEO | 1 | — |
| Ella Kalnina | Acceleration director | 0 | — |
| Lelde Stukle | Managing Partner | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Adianano | Adianano is a high-tech start-up that specializes in the manufacture of nanomaterials.Microwave synthesis has been used to generate high-quality nano-silicon and low-layered graphene, according to the business. The energy density of a Li-ion battery can be dramatically increased using this technology.It is founded in 2018 and is headquarteredin Centra Rajons, Latvia. | $498.1K | Venture - Series Unknown | Oct 25, 2022 |  |
| EMPYRIO | EMPYRIO inventors developed a system that provides a complex pre-drying and subsequent utilization of high-moisture organic waste. The system operates autonomously, burning waste without the need for additional energy sources or raw materials, ensuring a fully self-sustaining process. The heat generated is efficiently redirected to dry incoming wetwaste, enabling continuous utilization.Designed specifically for small and medium-sized wastewater treatment plants, EMPYRIO’s on-site deployment eliminates the need for costly sewage sludge transportation, significantly reducing operational expenses. Traditional disposal methods often involve high gate fees, long-distance transport, and regulatory challenges, whereas EMPYRIO provides a far more cost-effective and compliant alternative. By utilizing the waste directly at its source, facilities avoid dependency on external processing plants and gain long-term financial predictability. In markets like Germany, where sludge disposal costs range from €280 to €480 per ton of dry solids, EMPYRIO’s system can reduce costs to just €150-230 per ton​, delivering multimillion-euro savings over a decade.EMPYRIO’s compact, modular design allows for seamless integration into existing wastewater treatment infrastructure without requiring costly facility modifications. Housed in standard 20- and 40-foot containers​, the system minimizes space requirements while ensuring easy scalability for various plant sizes.EMPYRIO’s technology is particularly effective for high-moisture and viscous organic waste, such as sewage sludge, chicken droppings, and other challenging materials that conventional technologies struggle to process. By providing an energy-efficient, space-saving, and cost-reducing solution, EMPYRIO supports sustainable waste management while ensuring compliance with stringent environmental regulations. | $674.6K | Seed | May 12, 2022 |  |
| Elogium | Elogium helps poultry broiler producers increase revenue and food safety by using innovative probiotic solutions | $59.1K | Pre-Seed | Sep 10, 2021 |  |
| Catalyco | Large amounts of valuable zinc oxide material are wasted due to complex or costly recovery processes, or lack of appropriate technology for recovery. This results in significant financial burdens for catalyst manufacturers who must purchase fresh ZnO to compensate for the lost material. The reliance on imports for 40% of ZnO createsvulnerabilities. We secure a local supply chain for ZnO by extracting it from industrial waste streams. We manufacture advanced ZnO products with unique characteristics and obtain added value in an environmentally friendly way. The potential applications are the tire and rubber industry, adsorbents and catalysts, and because of high purity the cosmetics sector. | $305.2K | Pre-Seed | Jan 12, 2021 |  |
| HyMet Thermal Interfaces | Advanced materials company specializing in a new class of composite heat spreading thermal interfaces. | $55.6K | Pre-Seed | Jun 01, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [GT Technologies](https://shizune.co/investors/profile/gt-technologies-33be) — VC Fund, 1 deal together
- [EIT InnoEnergy](https://shizune.co/investors/profile/kic-innoenergy) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

## FAQ

### What does Commercialization Reactor invest in?

Commercialization Reactor invests primarily in Manufacturing, Water and AgTech startups, most often at Pre-Seed and Seed stage. Most of the 5 investments tracked by Shizune back companies in Latvia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Commercialization Reactor?

Public channels for Commercialization Reactor include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Commercialization Reactor?

The team at Commercialization Reactor includes Katy Raven (Founder and CEO), Ella Kalnina (Acceleration director) and Lelde Stukle (Managing Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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