Iceland · Pre-revenue R&D

Turning captured
carbon into
fuels & chemicals

NEXSURF develops advanced catalyst systems for the electrochemical conversion of captured CO₂ and CO, targeting fuels and chemicals — syngas, formic acid, methane, ethanol — using renewable electricity, materials science, and computational discovery.

3
Catalyst Families
Discovery
DFTDensity Functional Theory — quantum-mechanical simulation that predicts how CO₂ behaves on a material's surface before anything is made in the lab.Get a simple explanation → · MLMachine learning — models trained on our simulation data to predict promising catalysts we haven't computed yet.Get a simple explanation → · Experiment
2035+
Commercial Target

CO₂ capture is scaling.
Carbon utilization still needs better catalysts.

CO₂ is the main driver of climate change — and emissions are still setting records. Capture is finally scaling, but capturing carbon is only half the equation. Converting it into useful fuels and chemicals at scale remains a critical bottleneck — held back by energy demand, product selectivity, and catalyst stability.

38.1 Gt
Projected fossil CO₂ emissions in 2025 — a record high
Source: Global Carbon Budget (international) ↗
422.8 ppm
Global annual atmospheric CO₂ in 2024
Source: NOAA (U.S.) ↗
+1.47 °C
2024 warming above the pre-industrial average
Source: NASA (U.S.) ↗
~0.12%
Operational capture-and-storage capacity relative to annual emissions
Sources: IEA (international) + GCB (international) ↗

Data: Global Carbon Budget 2025 · NOAA · NASA · IEA — NASA and NOAA are U.S. federal agencies; Global Carbon Budget and IEA are international scientific/intergovernmental bodies.

High Energy Demand

CO₂ is thermodynamically stable and fully oxidized, so converting it into reduced products requires energy. Catalysts can reduce kinetic losses and improve selectivity, while overall economics also depend on electricity, reactor performance, separation, and scale.

Source: U.S. Department of Energy →
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Selectivity Challenge

Catalysts must steer CO₂ toward one target product — say ethanol, or formic acid — rather than wasting energy on a mixture of side products.

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Stability Barrier

Many catalysts restructure, deactivate, or lose selectivity during operation. Long-duration testing is therefore essential before an industrial process can rely on them.

New to this? Get a simple explanation →

From climate pressure to
industrial carbon value

The next step is not only to capture CO₂, but to transform it. Renewable electricity, advanced materials, and computational discovery make it possible to design potentially lower-carbon routes from captured carbon to useful products. The net climate benefit depends on the CO₂ source, energy supply, product lifetime, and displaced conventional process.

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Renewable electricity

Clean power can drive electrochemical conversion instead of fossil-based chemical routes.

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Climate-tech materials

New catalyst families can reduce electrochemical overpotential and improve selectivity toward useful products.

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Circular carbon

Captured carbon can become a feedstock for real products — syngas, formic acid, methane, ethanol — instead of a waste stream.

Today's catalysts established CO₂ conversion.
Many routes remain difficult to scale economically.

The U.S. Department of Energy groups CO₂ conversion into a few broad strategies — chiefly thermochemical routes, which use heat, pressure, and catalysts, and electrocatalytic routes, which use electricity at a catalyst surface — alongside non-conversion pathways like mineral storage.

Decades of research have produced working examples of each, but every route carries a cost, selectivity, or scalability penalty that has kept it from displacing fossil-based production at meaningful scale.

Electrocatalysis — NEXSURF's own focus — carries the sharpest version of that tradeoff: today's benchmark catalysts either cost too much to scale (precious metals) or produce mixtures that are difficult to separate and control (copper).

Thermochemical routes
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Thermochemical hydrogenation

Mature high-temperature processes hydrogenate CO₂ to methanol or synthetic fuels.

Energy- and capital-intensive — needs high pressure, heat, and clean hydrogen supply.
Get a simple explanation →
Electrocatalytic routes — NEXSURF's focus area
These carry the tightest cost/selectivity/stability tradeoffs of any route, which is why NEXSURF is developing new catalyst families for this category specifically.
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Precious-metal catalysts

Silver and gold electrodes convert CO₂ to CO with good selectivity and are the current benchmark.

Material cost and supply are important scale-up considerations, especially for gold.
Get a simple explanation →
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Copper catalysts

The classic route to valuable multi-carbon products like ethylene and ethanol.

Complex product mixtures and potential-dependent surface restructuring make selectivity and stability difficult to control.
Get a simple explanation →
Other approaches
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Storage & mineralization

Pioneered in Iceland: captured CO₂ is injected into reactive basalt, where mineral reactions are intended to provide durable geological storage.

Durable emissions abatement, but it does not produce fuels or chemicals; project economics depend on capture costs, policy, and carbon-management incentives.
Get a simple explanation →
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Trial-and-error discovery

Traditional catalyst development often synthesizes and tests materials sequentially.

It can take years and substantial experimental effort to search a vast materials space.
Get a simple explanation →
The NEXSURF difference
  • Material strategy — proprietary families are being developed to reduce reliance on expensive or precious metals.
  • Designed, not stumbled upon — DFT and machine learning screen hundreds of surfaces computationally before experimental validation.
  • Selectivity, stability, and energy efficiency are treated as joint design objectives in the computational screening workflow.
  • Utilization alongside storage — captured CO₂ can become fuels and chemicals, while lifecycle assessment determines whether a pathway reduces emissions compared with its conventional alternative.
  • Licensing-first and asset-light for NEXSURF — partners would integrate the catalyst know-how into existing or planned conversion infrastructure.

A catalyst platform for
renewable-electricity-driven utilization

01
Capture

The platform is designed to work with captured CO₂ streams and connect carbon capture with downstream utilization pathways.

02
Activate

Advanced catalyst surfaces are designed to improve CO₂ activation and steer reactions toward useful carbon-based products like carbon monoxide and formate.

03
Convert

Captured CO₂ is converted into target fuels and chemicals, with early research focus on C₁Products with one carbon atom — carbon monoxide (the basis of syngas), formic acid / formate, methanol, and methane. CO and formate are comparatively simple two-electron products; methanol and methane require deeper six- and eight-electron reduction.Get a simple explanation → and C₂ productsProducts with two carbon atoms — ethanol, acetate, and ethylene. They can address attractive markets but are generally harder to make selectively because carbon–carbon bond formation is required on the catalyst surface.Get a simple explanation →.

04
Validate

Candidates are benchmarked through targeted validation for selectivity, stability, and product formation before partner-facing transfer.

Platform at a Glance
3
Proprietary catalyst families in development
500+
Candidate surfaces screened in internal computational studies
30+
Candidates shortlisted in internal in-silico studies
1
Track supported by related independent experimental literature
Development Priorities
Lower
Energy input, to be benchmarked quantitatively
Higher
Product selectivity, to be benchmarked quantitatively
Longer
Operating stability, to be benchmarked quantitatively

Screening counts are internal project metrics. Predicted performance remains to be confirmed through application-relevant experiments.

Scientific background: U.S. Department of Energy — CO₂ Utilization · DOE National Laboratories — CO₂RUe · American Chemical Society — CO₂ electroreduction

Computational discovery →
targeted validation → transfer

Our three-stage pipeline moves from atomic-scale simulation to planned electrochemical testing and, when performance is verified, toward transfer-ready catalyst know-how for industrial partners.

01
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Screen
Achieved

DFT calculations, data-driven methods, and materials intuition identify promising CO₂-interacting surfaces from a large candidate space — narrowing focus before expensive validation.

02
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Validate
Ongoing

Priority candidates move into targeted validation, including electrochemical benchmarking, stability screening, and product selectivity analysis where experimental capacity is available.

03
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Transfer
Upcoming

Validated catalyst know-how, IP strategy, and performance data can be packaged for industrial collaboration, licensing, or joint development with partners.

Evidence first.
Asset-light by design.

NEXSURF is built to de-risk carbon utilization: related independent experimental literature, a compute-first discovery engine, and a patent-pending, licensing-first business model.

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External material-class literature

Independent published experiments on a representative material related to one development track report CO₂-reduction products including ethanol and acetate. The study's maximum combined C₂+ Faradaic efficiency was 11.75% under its test conditions, and gaseous products were not quantified. It did not test NEXSURF's proprietary candidates; application-relevant benchmarking remains a separate validation step.

Read the ACS experimental study →
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Compute-first discovery

DFT and machine learning screen hundreds of candidate surfaces before lab validation, so experiments can focus on shortlisted materials. Predicted performance is treated as a hypothesis until it is tested experimentally.

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Patent-pending & asset-light

Three priority applications were filed in 2024; the corresponding international (PCT) applications were published in 2026, with national-phase decisions ahead. The applications are pending; publication is not a patent grant.

View the official technology-transfer record →
Technical snapshot
Development track Target CO₂ products Evidence Status
Most advanced track Ethanol, acetate, formate (development targets) Related independent experimental literature Literature support; NEXSURF benchmarking planned 2026–2028
Computational screening track CO, formate Multi-facet DFT datasets; machine-learning screening Internal count: 500+ surfaces screened; candidates shortlisted for electrochemical testing
Mechanism mapping track Methane, CO Carbide CO₂-to-CO and methane pathways; carbonitride CO₂-to-methane pathways DFT pathways published; screening ongoing; experimental validation pending

Published studies and DOIs are public. Unpublished compositions, non-public datasets, and partner-specific validation details are shared under NDA.

Milestones already behind us

NEXSURF builds on a track record — published science, patent-pending IP, and catalyst families that have already cleared their first hurdles.

  • 2016 – 2023
    Scientific foundation

    Years of peer-reviewed DFT research on advanced electrocatalyst materials at the University of Iceland.

  • Jul – Aug 2024
    Three priority applications filed

    Initial applications filed for three catalyst-family inventions; all remain patent pending.

  • 2024 – 2025
    DFT reaction pathways published

    Peer-reviewed DFT studies map reduction pathways on carbide, phosphide, and carbonitride catalyst families.

  • Jul – Aug 2025
    International PCT applications

    International applications filed for the three catalyst families through the PCT route.

  • Jan – Feb 2026
    PCT applications published · AI screening method published

    Three international applications became public, and the machine-learning screening method behind the platform was published in a peer-reviewed conference proceeding.

  • 2026
    Partner & investor outreach underway

    Active discussions with industrial partners and deep-tech investors ahead of national-phase entries in 2027.

Where our materials stand
Most advanced track
Material-class literature

Independent published experiments report CO₂-reduction products including ethanol and acetate on a representative material related to this track; NEXSURF benchmarking remains planned.

Computational screening track
Screened & shortlisted

Multi-facet DFT and machine-learning screening complete; top candidate surfaces shortlisted for electrochemical validation.

Mechanism mapping track
DFT pathways modeled

Published DFT models of CO₂-reduction pathways; candidate surfaces remain under screening and require experimental validation.

From discovery to
commercial deployment

2026 – 2028
Early Validation

Core experimental validation and benchmarking. Proof-of-concept system design. IP protection through strategic patent filings. Outreach to research and industrial partners.

2028 – 2031
Application Validation

Demonstrate performance under application-relevant conditions — proof of concept. Expand external testing and strengthen strategic partnerships. Outreach to deep tech investors.

2032 – 2035
Pilot Readiness

Transition from laboratory validation toward pilot-scale readiness. Secure funding and industrial support for pilot-scale activities.

2035+
Commercial Deployment

Scale deployment through strategic pilot partnerships and licensing models. Support industrial integration and joint development initiatives across target markets.

Research-led.
Deep-tech mission.

NEXSURF ehf. is a pre-revenue R&D company in Iceland, building on research in computational materials science and electrochemical catalysis. The company combines atomic-scale simulation with targeted validation to develop next-generation catalyst technologies for carbon utilization.

Our initial commercial path is through catalyst IP generation, validation, and technology transfer to industrial partners who are building infrastructure for potentially lower-carbon fuel and chemical production.

🇮🇸 Iceland Pre-revenue R&D Research-led platform DFT · ML · Experiment CO₂ → Fuels & Chemicals
YA
Dr. Younes Abghoui
Founder & Scientific Lead

Faculty member at the University of Iceland with over a decade of DFT-guided electrocatalyst design for CO₂ and N₂ conversion. Leads the scientific strategy, catalyst design, and IP development.

MK
Mohammadreza Khaniha
PhD Researcher · Machine Learning & Data

Develops the causal machine-learning and GNN screening pipeline for catalyst discovery; first author of published work on causal ML for dopant selection in CO₂ electroreduction.

NA
Naveed Ashraf
PhD Researcher · Computational Catalysis

DFT screening of advanced catalyst surfaces for CO₂ reduction; author of the group's foundational catalyst datasets and publications.

MA
Muhammad Awais
PhD Researcher · Computational Catalysis

Atomic-scale modelling of CO₂ activation and conversion on the platform's catalyst surfaces, extending its families toward new target products.

Research, validation & partnership areas
Academic Research
Industrial Validation
Catalyst IP
Technology Transfer
Climate-Tech Partnerships

Trusted scientific references

Public claims on this page are grounded in primary data, U.S. government science, peer-reviewed literature, and the relevant international authorities.

NEXSURF-specific publications and public patent records are linked where their claims appear. Confidentiality applies only to unpublished material and non-public development data.

What we're looking for

NEXSURF is entering its validation phase. We are looking for the capital, infrastructure, and industrial partners to carry shortlisted candidates from the lab toward licensing.

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Investment

Deep-tech pre-seed / seed funding to finance experimental validation, proof-of-concept system design, and the applications' national-phase entries in 2027 — alongside non-dilutive innovation grants.

Talk to us about investing →
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Industry collaboration

Carbon capture, e-fuel, and chemical companies for joint development: testing our catalysts under application conditions and shaping early licensing agreements around real industrial needs.

Become a development partner →
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Research resources

Electrochemical testing capacity, characterization infrastructure, and academic collaborations to accelerate benchmarking of shortlisted catalyst candidates.

Collaborate on validation →
Go-To-Market
License the catalyst, not the factory
  • Validate shortlisted catalysts and package the know-how, IP, and performance data into transfer-ready packages.
  • License to industrial partners who already build capture and conversion infrastructure — they integrate, we enable.
  • Revenue through licensing fees, development milestones, and royalties — asset-light, with no in-house chemical production.
Growth Strategy
More products, more markets, deeper IP
  • Extend from initial target products (CO, formate) toward more complex multi-carbon fuels and chemicals across three catalyst families.
  • Broaden the patent portfolio: national-phase entries from 2027 and new filings as each family matures.
  • Deepen partnerships from joint development (2028–2031) to pilot deployment and multi-market licensing (2035+).

Partner with us

We welcome conversations with industrial partners, investors, research collaborators, and institutions interested in carbon utilization technology.

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Location
Iceland
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