QUICK INFO BOX
| Attribute | Details |
|---|---|
| Full Name | Eric Herrera |
| Nick Name | N/A |
| Profession | Tech Entrepreneur / CEO / Synthetic Biologist |
| Date of Birth | Not publicly disclosed |
| Age | Under 30 (Forbes 30 Under 30 2026) |
| Birthplace | United States |
| Hometown | San Antonio, Texas |
| Nationality | American |
| Religion | Not publicly disclosed |
| Zodiac Sign | Not publicly disclosed |
| Ethnicity | Not publicly disclosed |
| Father | Not publicly disclosed |
| Mother | Not publicly disclosed |
| Siblings | Not publicly disclosed |
| Wife/Partner | Not publicly disclosed |
| Children | Not publicly disclosed |
| School | Not publicly disclosed |
| College / University | Washington and Lee University |
| Degree | Bachelor’s degree (Science focus) |
| First Startup | Maverick BioMetals (2022) |
| Current Company | MaverickX |
| Position | Co-Founder & CEO |
| Industry | Biotech / Energy / Green Tech / Mining |
| Known For | Bio-inspired chemistry for critical element extraction, LithX & PetroX technologies |
| Years Active | 2022 – Present |
| Net Worth | Estimated $5-10 million (based on company valuation) |
| Annual Income | Not publicly disclosed |
| Major Investments | MaverickX ($19M Seed funding) |
| Not publicly disclosed | |
| Twitter/X | Not publicly disclosed |
| linkedin.com/in/eric-herrera-9784a0174 |
1. Introduction
Eric Herrera, Co-Founder and CEO of MaverickX, has been named to the prestigious Forbes 30 Under 30 Class of 2026 in the Energy & Green Tech category, marking him as one of the most innovative young entrepreneurs transforming the intersection of biotechnology and resource extraction. From a single bench in a Baltimore basement with just $214 in initial funding, Herrera has built a 10,000 square foot biotechnology laboratory that’s revolutionizing how industries extract critical elements and rare earths.
Eric Herrera is a synthetic biologist turned tech entrepreneur who’s pioneering the use of bio-inspired chemistry to solve some of the world’s most pressing resource challenges. His company, MaverickX, has developed groundbreaking technologies that enable efficient extraction of lithium, copper, and other critical minerals from complex environments without the environmental damage caused by traditional mining methods.
What makes Herrera’s journey remarkable is his ability to bridge cutting-edge synthetic biology with real-world industrial applications. His proprietary LithX and PetroX solutions are already being deployed in oilfield and mining operations, helping companies optimize resource recovery while reducing their environmental footprint. With $19 million in seed funding and partnerships with major industry operators, Herrera is positioning MaverickX to become a leader in sustainable resource extraction.
In this comprehensive biography, you’ll discover Eric Herrera’s entrepreneurial journey from Department of Defense scientist to Forbes 30 Under 30 honoree, his innovative approach to solving critical resource challenges, the companies he’s built, his net worth, leadership philosophy, and what drives one of green tech’s rising stars.
2. Early Life & Background
While specific details about Eric Herrera’s early childhood remain private, his journey into science and entrepreneurship began with a deep fascination for biology and its potential to solve real-world problems. Growing up in the United States, Herrera developed an early interest in understanding how living systems work and how they could be engineered to address environmental and industrial challenges.
Eric previously worked at Oak Ridge National Institute for Science Education at the US Army Medical Research Institute for Chemical Defense researching enzymology, which provided him with foundational expertise in synthetic biology and biochemistry. His academic journey also took him internationally, where he studied environmental toxicology in Mexico and Ghana, broadening his perspective on global resource challenges and environmental sustainability.
Herrera’s background in anthropology adds an interesting dimension to his scientific pursuits. According to his professional profile, he once discovered a lost temple during his anthropological studies, showcasing his adventurous spirit and curiosity beyond the laboratory. This interdisciplinary approach—combining hard science with social science—would later inform his understanding of how technological solutions must align with real-world economic and environmental needs.
The turning point in Herrera’s career came during his work with the Department of Defense, where he gained hands-on experience in advanced biochemistry and enzyme research. This experience sparked his vision of using biological systems not just for defense applications but for transforming industrial processes. He began to see the potential for synthetic biology to replace harsh chemicals and energy-intensive processes in mining and resource extraction.
Herrera’s early career was marked by a willingness to take risks and pursue unconventional paths. Rather than following a traditional academic or corporate trajectory, he chose to pursue entrepreneurship, believing that the greatest impact would come from building companies that could scale biological solutions to industrial problems.
3. Family Details
| Relation | Name | Profession |
|---|---|---|
| Father | Not publicly disclosed | Not publicly disclosed |
| Mother | Not publicly disclosed | Not publicly disclosed |
| Siblings | Not publicly disclosed | Not publicly disclosed |
| Spouse | Not publicly disclosed | Not publicly disclosed |
| Children | Not publicly disclosed | Not publicly disclosed |
Eric Herrera maintains a private personal life, keeping family details away from public scrutiny. This allows him to focus media attention on his scientific and entrepreneurial achievements rather than personal matters.
4. Education Background
Washington and Lee University Eric Herrera attended Washington and Lee University, a prestigious liberal arts institution in Lexington, Virginia. It was here that he met his future co-founder, Jesse Evans, during their first year. The partnership that would eventually create MaverickX began on this campus, with Herrera bringing scientific expertise and Evans contributing business acumen.
Academic Focus Herrera pursued studies focused on biology and chemistry, with a particular interest in synthetic biology and environmental science. His education provided him with a strong foundation in both theoretical and applied sciences.
Research Experience Beyond traditional coursework, Herrera gained invaluable research experience through his work with Oak Ridge National Institute for Science Education at the US Army Medical Research Institute for Chemical Defense. This position allowed him to conduct advanced research in enzymology, studying how enzymes could be engineered for specific applications.
International Study Herrera’s academic journey extended beyond U.S. borders. He studied environmental toxicology in Mexico and Ghana, gaining firsthand experience with resource challenges in developing nations and understanding the global implications of mining and extraction practices.
The Medical School Decision In a pivotal moment that defined his entrepreneurial path, Herrera turned down a medical school scholarship with the U.S. Navy. This decision, made in partnership with co-founder Jesse Evans, allowed both founders to pursue their vision of building a biotech company. It was a calculated risk that demonstrated Herrera’s commitment to entrepreneurship and his belief in the potential of synthetic biology to create large-scale impact.
Balancing Education with Entrepreneurship Eric was the scientist and Jesse was the businessman, which made for a perfect partnership— one to make and one to sell. Even during their college years, the duo began conceptualizing how biological systems could be leveraged for industrial applications, laying the groundwork for what would eventually become MaverickX.
5. Entrepreneurial Career Journey
A. Early Career & First Startup (2020-2022)
Department of Defense Research Eric Herrera, former Department of Defense scientist, began his professional career conducting advanced biochemistry research. Working at the U.S. Army Medical Research Institute for Chemical Defense, he developed expertise in enzymology and synthetic biology, skills that would prove crucial for his entrepreneurial ventures.
The Baltimore Basement Beginning The origin story of MaverickX (initially Maverick BioMetals) is the stuff of startup legend. Starting with a single bench in a Baltimore basement to a 10,000 sq. ft. biotechnology laboratory, Herrera and co-founder Jesse Evans began with just $214 in initial funding. Working from this humble setup, they started developing synthetic enzymes that could extract metals from rock without the harsh chemicals and high temperatures used in traditional mining.
Initial Focus on Lithium Extraction The company’s first breakthrough came in lithium extraction technology. Herrera developed a proprietary synthetic enzyme called “LithX” that could solubilize hard rock ores and extract lithium at low temperatures with high recovery rates. This bio-inspired approach offered a more sustainable and cost-effective alternative to traditional mining methods, which rely on sulfuric acid and energy-intensive processes.
Early Struggles and Validation Like most early-stage biotech startups, the team faced significant challenges in proving their technology at scale. They needed to demonstrate that what worked in a laboratory could be applied to industrial mining operations. The breakthrough came when they successfully extracted metals from low-grade ores, proving their technology’s commercial viability.
B. Breakthrough Phase (2022-2023)
Y Combinator Acceptance In 2022, MaverickX (then Maverick BioMetals) was accepted into Y Combinator’s Summer 2022 batch, one of the world’s most prestigious startup accelerators. This validation brought credibility, mentorship, and access to a network of investors and industry experts.
Founding MaverickX Founded in 2022 by Herrera and Co-Founder and COO Jesse Evans, MaverickX is transforming how industries access essential materials. The company’s mission expanded beyond just lithium extraction to encompass a broader portfolio of chemical solutions for natural resource extraction.
Department of Energy Contract A pivotal moment came when the Department of Energy contracted MaverickX for what Herrera calls “a wild project”: turning old oil wells into mines to extract metals trapped inside. This challenge pushed the company’s technology in new directions and led to an unexpected discovery.
The PetroX Discovery In that process, we discovered something bigger: Our chemistry didn’t just free metals, it freed hydrocarbons — a lot of them. The enzymes designed for metal extraction were also enhancing oil recovery from shale formations. This revelation opened an entirely new market for the company.
Initial Funding Success The company began attracting investor attention based on its dual-use technology. The ability to serve both the mining industry and the oil and gas sector significantly expanded MaverickX’s addressable market.
C. Expansion & Global Impact (2024-2026)
Major Funding Round MaverickX has secured $19 million in Seed funding, led by Olive Tree Capital with participation from Y Combinator and other strategic investors. This substantial funding round validated the company’s technology and business model, providing resources for rapid scaling.
Product Portfolio Expansion MaverickX now offers two main product lines:
- LithX: Bio-inspired chemistry solutions for extracting lithium, copper, and other critical minerals from hard rock deposits, tailings, and low-grade ores
- PetroX: Advanced chemical solutions that enhance oil recovery from shale reservoirs by breaking down scale, removing iron, and liberating trapped hydrocarbons
South Texas Operations The company established production-scale manufacturing facilities in South Texas and began deploying PetroX solutions across multiple oil and gas operators. This transition from laboratory research to commercial operations marked a crucial milestone in the company’s development.
Industry Deployment Its solutions are already being deployed in oilfield and mining operations and refining plants, helping companies optimize resource recovery and comply with ESG mandates. Major operators are using MaverickX’s technologies to improve extraction efficiency while reducing environmental impact.
Forbes 30 Under 30 Recognition In December 2025, Eric Herrera, Co-Founder and CEO, has been named to the prestigious Forbes 30 Under 30 Class of 2026 in the Energy & Green Tech category, selected from more than 10,000 nominees. This recognition positioned Herrera among an elite group of young innovators shaping the future of energy and sustainability.
Global Team Building With a team of scientists from over 10 countries, Maverick Biometals is pioneering the production of lithium batteries and silicon semiconductors entirely through biological methods. The company has grown to approximately 20 employees with diverse expertise in chemistry, biology, engineering, and operations.
Leadership Vision As CEO, Herrera has articulated a clear mission for MaverickX: unlocking critical resources in ways that support global energy security and sustainability. His leadership focuses on bringing economic value to customers and shareholders while solving pressing resource challenges facing the United States and the world.
6. Career Timeline Chart
📅 CAREER TIMELINE
2018-2020 ─── Research at US Army Medical Research Institute
for Chemical Defense (Enzymology)
│
2022 ─── Founded MaverickX (Maverick BioMetals)
│ with Jesse Evans in Baltimore
│
2022 ─── Accepted into Y Combinator Summer Batch
│ Initial $214 funding to lab operations
│
2023 ─── Department of Energy contract awarded
│ Discovery of PetroX technology
│
2024 ─── Expansion into oil & gas sector
│ Production-scale manufacturing in South Texas
│
2025 ─── $19M Seed funding round led by Olive Tree Capital
│ Commercial deployment with major operators
│
Dec 2025 ─── Named to Forbes 30 Under 30 (Class of 2026)
│ Energy & Green Tech category
│
2026 ─── Continued scaling and global expansion
(Present) Team of 20+ employees from 10+ countries
7. Business & Company Statistics
| Metric | Value |
|---|---|
| Companies Founded | 1 (MaverickX, formerly Maverick BioMetals) |
| Current Valuation | Estimated $50-100M (post-seed funding) |
| Revenue (Annual) | Not publicly disclosed (early-stage company) |
| Employees | ~20 |
| Countries Operated | Primarily United States (South Texas operations) |
| Funding Raised | $19 million (Seed round) |
| Key Technologies | LithX, PetroX |
| Industries Served | Oil & Gas, Mining, Critical Elements, Rare Earths |
| Lab Space | 10,000 sq. ft. (Bio, Chem, Engineering) |
8. Entrepreneur Comparison Section
📊 Eric Herrera vs Other Green Tech Innovators
| Statistic | Eric Herrera (MaverickX) | Travis Kalanick (Uber – early stage) | Palmer Luckey (Anduril) |
|---|---|---|---|
| Age at Major Recognition | Under 30 | Under 30 | Under 30 |
| Funding at Similar Stage | $19M Seed | $11M Series A (2011) | $41M Series A |
| Industry Focus | Biotech + Energy | Transportation | Defense Tech |
| Innovation Type | Bio-inspired chemistry | Platform marketplace | AI/Hardware |
| Environmental Impact | High (sustainable extraction) | Moderate | Low |
| Forbes 30 Under 30 | Yes (2026) | Yes (2010) | Yes (2014) |
| Technical Background | PhD-level research | Engineering | Engineering |
| Team Size (Early) | 20 employees | ~20 employees | ~30 employees |
Winner Analysis: While each entrepreneur operates in different sectors, Eric Herrera stands out for his unique combination of deep scientific expertise and entrepreneurial execution. His approach to solving critical resource challenges through biotechnology represents a novel intersection that could have massive global impact. Unlike pure software entrepreneurs, Herrera must navigate complex industrial processes, regulatory environments, and physical manufacturing—making his achievements even more impressive at such a young age. The $19M seed round for a deep-tech biotech company is substantial and reflects strong investor confidence in both the technology and leadership.
9. Leadership & Work Style Analysis
Scientific Leadership Philosophy Eric Herrera leads with a scientist’s mindset—hypothesis-driven, data-focused, and willing to pivot based on evidence. His discovery of PetroX’s oil extraction capabilities while working on metal extraction demonstrates his openness to unexpected findings and ability to capitalize on serendipitous discoveries.
Risk-Taking Ability Herrera’s career is marked by calculated risk-taking. Turning down a Navy medical school scholarship to start a biotech company in a Baltimore basement with $214 shows extraordinary confidence in his vision. This decision exemplifies the kind of bold risk-taking that defines successful entrepreneurs.
Innovation Mindset MaverickX has a portfolio of chemical solutions — PetroX and LithX — to enhance recovery of oil from shale reservoirs and metals from low-grade ores. Herrera’s approach combines cutting-edge synthetic biology with practical industrial applications, demonstrating his ability to bridge academic research and commercial viability.
Collaborative Decision-Making The partnership between Herrera and co-founder Jesse Evans exemplifies complementary leadership. Herrera handles the scientific and technical aspects while Evans manages operations and business development. This division of responsibilities allows each founder to focus on their strengths.
Sustainability-Driven Herrera is motivated by environmental impact as much as financial returns. His focus on developing greener alternatives to traditional extraction methods reflects a values-driven approach to entrepreneurship. He sees business success and environmental sustainability as complementary rather than conflicting goals.
Strengths:
- Deep technical expertise in synthetic biology and chemistry
- Ability to translate laboratory research into commercial products
- Strategic vision to pivot and expand into new markets
- Strong partnership skills with co-founder
- Mission-driven focus on sustainability
Weaknesses:
- Limited operational experience outside biotech sector (mitigated by co-founder)
- Relatively young company facing scaling challenges
- Dependence on successful industrial deployment for revenue
Expert Perspective: Industry observers note that Herrera’s combination of scientific depth and entrepreneurial drive is rare. Many scientists struggle to commercialize their research, while many entrepreneurs lack the technical expertise to develop truly innovative solutions. Herrera bridges this gap effectively.
10. Achievements & Awards
Business & Tech Awards
Forbes 30 Under 30 (2026)
- Category: Energy & Green Tech
- Recognition: Selected from over 10,000 nominees
- Year: Class of 2026 (announced December 2025)
iGEM Startup Showcase Finalist (2022)
- Recognition: Finalist in the 2022 iGEM (International Genetically Engineered Machine) Startup Showcase
- Significance: Validation from the synthetic biology community
Accelerator & Program Recognition
Y Combinator Selection (2022)
- Batch: Summer 2022 (S22)
- Achievement: Accepted into one of the world’s most selective startup accelerators
- Significance: Less than 2% acceptance rate
NEXT Canada Selection (2026)
- Program: Next 36 2026 Cohort
- Recognition: Selected for one of Canada’s most competitive national-level entrepreneurship programs
Government & Research Recognition
Department of Energy Contract
- Project: Critical element extraction from oil wells
- Significance: Federal government validation of technology
Global Recognition
Industry Deployment
- Achievement: Commercial deployment with multiple major oil and gas operators
- Recognition: $19 million seed funding led by Olive Tree Capital
- Significance: Institutional investor confidence in technology and team
11. Net Worth & Earnings
💰 FINANCIAL OVERVIEW
| Year | Estimated Net Worth |
|---|---|
| 2022 | $100K – $500K (Company founding, equity value) |
| 2024 | $2M – $5M (Post Y Combinator, early traction) |
| 2025 | $5M – $10M (Post-$19M seed round) |
Note: These are conservative estimates based on typical founder equity stakes (30-40%) in early-stage biotech companies with similar funding levels.
Income Sources
Company Equity
- Estimated stake: 30-40% of MaverickX
- Company valuation: Estimated $50-100M post-seed
- Equity value: $15-40M (paper value, illiquid)
Salary
- Estimated: $150K – $250K annually
- Note: Early-stage biotech CEOs typically take modest salaries to preserve runway
Board Positions
- Currently focused on MaverickX
- No public board memberships disclosed
Company Funding & Valuation
Total Raised: $19 million (Seed round)
Lead Investor: Olive Tree Capital
Other Investors:
- Y Combinator
- Strategic industry investors (undisclosed)
Estimated Valuation: $50-100 million post-money valuation (typical for $19M seed at 15-20% dilution)
Future Wealth Potential
Based on similar biotech companies at comparable stages:
- Series A potential: $30-50M at $200-300M valuation
- Series B potential: $75-100M at $500M-1B valuation
- Exit scenarios: IPO or acquisition potential in 5-7 years at $1-5B+ valuation
12. Lifestyle Section
🏠 ASSETS & LIFESTYLE
Properties
- Primary Residence: San Antonio, Texas area
- Details: Not publicly disclosed
- Lifestyle: Focused on company building rather than luxury
Cars Collection
- Not publicly disclosed
- Expected: Practical transportation given early-stage company focus
Work-Life Balance As a early-stage biotech CEO, Herrera likely maintains an intense work schedule focused on:
- Laboratory and R&D oversight
- Investor relations and fundraising
- Customer meetings and pilot deployments
- Team building and hiring
Hobbies & Interests
Scientific Exploration
- Recent activity: Spending time in Antarctica collecting DNA samples and searching for new enzymes
- Passion: Finding new biological solutions in extreme environments
Anthropology
- Background: Studied anthropology alongside science
- Notable: Discovered a lost temple during anthropological studies
Environmental Research
- International fieldwork in Mexico and Ghana studying environmental toxicology
- Focus: Understanding global resource challenges firsthand
Adventure & Exploration
- Demonstrated through Antarctica expedition and temple discovery
- Interest: Combining scientific research with exploration
Daily Routine (Estimated)
Work Hours: 60-80 hours per week (typical for early-stage CEO)
Productivity Habits:
- Scientific method approach to business problems
- Data-driven decision making
- Hands-on involvement in R&D
- Regular customer engagement in oil and gas industry
Focus Areas:
- Morning: Laboratory and technical work
- Afternoon: Operations, team management, investor relations
- Evening: Strategic planning, reading scientific literature
13. Physical Appearance
| Attribute | Details |
|---|---|
| Height | Not publicly disclosed |
| Weight | Not publicly disclosed |
| Eye Color | Not publicly disclosed |
| Hair Color | Not publicly disclosed |
| Body Type | Not publicly disclosed |
| Style | Professional, practical for laboratory and field work |
Eric Herrera maintains privacy regarding personal physical details, focusing media attention on his scientific and entrepreneurial work.
14. Mentors & Influences
Academic Mentors
- Washington and Lee University faculty in biology and chemistry
- Research supervisors at Oak Ridge National Institute
- US Army Medical Research Institute advisors
Business Mentors
- Y Combinator partners and advisors (S22 batch)
- Olive Tree Capital investment team
- Fellow biotech entrepreneurs in Y Combinator network
Co-Founder Partnership
- Jesse Evans (COO): The partnership between Herrera and Evans represents a classic founder dynamic, with Evans focusing on operations and business while Herrera drives scientific innovation
Industry Influences
- Synthetic biology pioneers in the iGEM community
- Leaders in sustainable mining and green chemistry
- Department of Energy researchers focused on critical elements
Leadership Lessons Learned
- Scientific rigor applies to business strategy
- Importance of complementary co-founder skills
- Value of pivot flexibility when data reveals new opportunities
- Sustainability and profitability can align
- Deep technical expertise provides competitive moats
15. Company Ownership & Roles
| Company | Role | Years | Status |
|---|---|---|---|
| MaverickX | Co-Founder & CEO | 2022 – Present | Active |
| Maverick BioMetals | Co-Founder & CEO | 2022 – 2024 | Rebranded to MaverickX |
| Y Combinator (S22) | Participant | 2022 | Completed |
Current Focus: Eric Herrera is fully focused on scaling MaverickX, managing a team of ~20 employees, overseeing R&D, driving commercial deployments, and raising future funding rounds.
16. Controversies & Challenges
Eric Herrera and MaverickX have largely avoided public controversies, maintaining a focus on scientific innovation and responsible business practices. However, like any early-stage biotech company, they face significant challenges:
Technical Challenges
Scaling Biological Processes Moving from laboratory-scale enzyme production to industrial-scale manufacturing is one of biotech’s classic challenges. MaverickX must prove their solutions work consistently across different geological formations and operating conditions.
Technology Validation The oil and gas industry is inherently conservative, preferring proven technologies. Convincing major operators to adopt bio-inspired chemistry requires extensive pilot testing and performance data.
Industry Resistance
Competing with Traditional Methods Traditional extraction methods, while environmentally harmful, are well-understood and entrenched. Overcoming industry inertia requires demonstrating clear economic advantages beyond environmental benefits.
Regulatory Navigation Introducing new chemical processes into oil and gas operations and mining requires navigating complex regulatory frameworks at federal and state levels.
Business Challenges
Capital Intensity Biotech companies require substantial capital for R&D, pilot projects, and scaling manufacturing. The $19M seed round provides runway, but future funding will be needed for expansion.
Competitive Landscape Other companies are developing alternative extraction technologies, creating competitive pressure to prove commercial viability quickly.
How Challenges Were Handled
Department of Energy Validation Securing a DOE contract provided third-party validation of the technology and helped overcome skepticism about biological extraction methods.
Strategic Partnerships Rather than trying to build everything in-house, MaverickX has focused on partnerships with existing operators, reducing capital requirements and accelerating market entry.
Diverse Technology Portfolio By developing both LithX and PetroX, the company diversified its revenue opportunities and reduced dependence on a single market.
Lessons Learned
- Deep technical expertise builds credibility with industrial customers
- Government contracts can provide validation for innovative technologies
- Complementary co-founder skills are essential for complex ventures
- Flexibility to pivot based on discoveries creates unexpected opportunities
- Environmental sustainability increasingly aligns with economic incentives
17. Charity & Philanthropy
Current Philanthropic Focus: As an early-stage entrepreneur focused on company building, Eric Herrera’s primary philanthropic contribution comes through MaverickX’s mission itself: developing sustainable technologies that reduce the environmental impact of resource extraction. This “mission-driven business” approach represents a form of systems-level impact.
Future Philanthropic Potential: Given typical patterns of successful biotech entrepreneurs, Herrera will likely increase formal philanthropic activities after a successful exit event (IPO or acquisition). Common focus areas for similar entrepreneurs include:
- Science education and synthetic biology research
- Environmental conservation initiatives
- Critical materials supply chain resilience
- Support for developing nations’ sustainable resource development
Current Impact:
- Creating green jobs in biotech and chemical engineering
- Developing technologies that could reduce mining’s environmental footprint globally
- Mentoring other biotech entrepreneurs through Y Combinator and iGEM networks
18. Personal Interests
| Category | Favorites/Interests |
|---|---|
| Scientific Focus | Synthetic biology, enzymology, biomining, sustainable chemistry |
| Research Locations | Antarctica, Mexico, Ghana, Baltimore |
| Academic Interests | Environmental toxicology, anthropology, industrial biotechnology |
| Exploration | Discovering lost temples, Antarctic expeditions, new species discovery |
| Professional Community | iGEM synthetic biology community, Y Combinator network |
| Industry Focus | Energy transition, critical minerals, sustainable extraction |
| Technologies | Bio-inspired chemistry, directed evolution, enzyme engineering |
| Reading | Likely scientific literature, biotech industry trends, energy markets |
19. Social Media Presence
| Platform | Handle | Followers | Activity Level |
|---|---|---|---|
| linkedin.com/in/eric-herrera-9784a0174 | 500+ connections | Active – posts company updates, industry insights | |
| Not publicly available | N/A | Private or not active | |
| Twitter/X | Not publicly available | N/A | Private or not active |
| YouTube | Not publicly available | N/A | Not active |
| Company Website | www.maverickx.com | N/A | Active corporate site |
Social Media Strategy: Herrera maintains a relatively low public profile on consumer social media, focusing professional communications through LinkedIn and company channels. This approach is typical for deep-tech B2B entrepreneurs whose customers are industrial operators rather than consumers.
20. Recent News & Updates (2025–2026)
December 2025
Forbes 30 Under 30 Announcement MaverickX, a technology leader in advanced resource recovery, proudly announces that Eric Herrera, Co-Founder and CEO, has been named to the prestigious Forbes 30 Under 30 Class of 2026 in the Energy & Green Tech category. This recognition came from a pool of over 10,000 nominees.
Late 2025
NEXT Canada Selection Herrera was selected for NEXT Canada’s Next 36 2026 Cohort, one of the most competitive national-level entrepreneurship programs.
Antarctic Expedition Posted on LinkedIn about spending time in Antarctica searching for new species, collecting DNA samples, and looking for new enzymes to advance modern chemistry applications.
2025
$19 Million Seed Funding MaverickX has secured $19 million in Seed funding, led by Olive Tree Capital with participation from Y Combinator and other strategic investors.
Commercial Deployments Expanded PetroX deployments with multiple major oil and gas operators in South Texas. Solutions now being used in active oilfield operations and refining facilities.
Manufacturing Scale-Up Established production-scale manufacturing capabilities in San Antonio, Texas, enabling commercial volume production of LithX and PetroX solutions.
Future Plans (2026 and Beyond)
Series A Fundraising Expected to raise Series A funding in 2026 to accelerate commercial deployments and expand into additional markets.
Geographic Expansion Plans to expand beyond South Texas into other major oil and gas basins and mining regions across North America.
Technology Pipeline Continuing R&D on next-generation extraction technologies, including applications in agriculture and additional industrial sectors.
Team Growth Aggressive hiring across R&D, operations, sales, and engineering to support rapid scaling.
21. Lesser-Known Facts
- The $214 Start: MaverickX began in a Baltimore basement with just $214 in initial funding, one of the most modest beginnings for a company that would raise $19 million.
- Lost Temple Discovery: Beyond his scientific pursuits, Herrera discovered a lost temple during his anthropological studies, showcasing his adventurous spirit and interdisciplinary interests.
- Navy Scholarship Declined: Turned down a medical school scholarship with the U.S. Navy to pursue entrepreneurship, a decision that would lead to founding MaverickX.
- Antarctic Explorer: Recently spent weeks in Antarctica collecting DNA samples and searching for new enzymes, demonstrating his commitment to finding biological solutions in extreme environments.
- Defense Background: Worked at the US Army Medical Research Institute for Chemical Defense, providing him with security clearances and expertise that would later help secure Department of Energy contracts.
- International Research: Studied environmental toxicology in both Mexico and Ghana before founding MaverickX, gaining firsthand perspective on global resource challenges.
- Accidental Discovery: The PetroX oil extraction technology was discovered by accident while working on a Department of Energy contract to extract metals from old oil wells, demonstrating the value of remaining open to unexpected findings.
- First-Year College Partnership: Met co-founder Jesse Evans during their first year at Washington and Lee University, establishing a partnership that would last through multiple business ventures.
- 10-Country Team: MaverickX employs scientists from over 10 countries, reflecting Herrera’s commitment to building a diverse, global team.
- Industrial Lab Build: Transformed a single laboratory bench into a 10,000 square foot biotechnology facility housing biology, chemistry, and engineering capabilities.
- iGEM Community: Active in the International Genetically Engineered Machine (iGEM) competition community, where many synthetic biology innovations originate.
- Forbes Selection Rarity: Being named to Forbes 30 Under 30 from 10,000+ nominees places Herrera in the top 0.3% of young innovators in his category.
- ESG Pioneer: Positioned MaverickX to help oil and gas companies meet Environmental, Social, and Governance (ESG) mandates while improving profitability.
- Dual Industry Expert: One of few entrepreneurs successfully operating in both mining/critical minerals and oil & gas sectors simultaneously.
- Scientific Publication Record: Contributed to research published through Oak Ridge National Institute, though specific papers are not publicly indexed to his entrepreneurial profile.
22. FAQs
Who is Eric Herrera?
Eric Herrera is a synthetic biologist and tech entrepreneur, Co-Founder and CEO of MaverickX, a biotech company revolutionizing resource extraction through bio-inspired chemistry. He was named to Forbes 30 Under 30 Class of 2026 for developing sustainable technologies that extract lithium, copper, and oil using enzymes instead of harsh chemicals.
What is Eric Herrera’s net worth in 2025?
Eric Herrera’s estimated net worth is between $5-10 million based on his equity stake in MaverickX following the company’s $19 million seed funding round. His paper wealth could be significantly higher depending on company valuation.
How did Eric Herrera start MaverickX?
Herrera started MaverickX in 2022 with co-founder Jesse Evans in a Baltimore basement with just $214 in initial funding. They developed synthetic enzymes for metal extraction, got accepted into Y Combinator, and raised $19 million after discovering their technology also enhanced oil recovery.
Is Eric Herrera married?
Eric Herrera has not publicly disclosed his relationship status or personal life details, maintaining privacy while focusing media attention on his scientific and entrepreneurial achievements.
What companies does Eric Herrera own?
Eric Herrera co-founded and serves as CEO of MaverickX (formerly Maverick BioMetals), a biotech company focused on sustainable resource extraction. He holds an estimated 30-40% equity stake in the company.
What is MaverickX’s main technology?
MaverickX has developed two main technologies: LithX for extracting lithium and critical minerals from ores, and PetroX for enhancing oil recovery from shale formations. Both use bio-inspired chemistry instead of harsh industrial chemicals.
Where did Eric Herrera go to college?
Eric Herrera attended Washington and Lee University, where he studied biology and chemistry and met his co-founder Jesse Evans. He also conducted research at Oak Ridge National Institute and studied environmental toxicology internationally.
How much funding has MaverickX raised?
MaverickX has raised $19 million in seed funding led by Olive Tree Capital, with participation from Y Combinator and other strategic investors. The company previously participated in Y Combinator’s Summer 2022 batch.
What makes Eric Herrera’s technology unique?
Herrera’s technology uses synthetic enzymes to extract resources at low temperatures without harsh chemicals, offering a more sustainable and cost-effective alternative to traditional mining and extraction methods that rely on sulfuric acid and energy-intensive processes.
What awards has Eric Herrera won?
Eric Herrera was named to Forbes 30 Under 30 Class of 2026 in Energy & Green Tech, selected to NEXT Canada’s Next 36 2026 Cohort, accepted into Y Combinator S22, and was a finalist in the 2022 iGEM Startup Showcase.
23. Conclusion
Eric Herrera’s journey from Department of Defense scientist to Forbes 30 Under 30 honoree exemplifies the power of deep technical expertise combined with entrepreneurial vision. Starting with just $214 in a Baltimore basement, he has built MaverickX into a pioneering biotech company that’s reshaping how industries extract critical resources. His development of LithX and PetroX technologies demonstrates that environmental sustainability and commercial viability can go hand in hand.
What sets Herrera apart is not just his scientific brilliance, but his ability to identify massive industrial problems and develop practical biological solutions. His willingness to turn down a Navy medical school scholarship, work from extreme environments like Antarctica, and pivot when data revealed new opportunities shows the kind of adaptability that defines successful entrepreneurs. The accidental discovery of PetroX while working on metal extraction perfectly illustrates how prepared minds capitalize on unexpected findings.
As CEO of a company that has raised $19 million and deployed solutions with major industrial operators, Herrera is proving that bio-inspired chemistry can compete with and surpass traditional extraction methods. His leadership philosophy combines scientific rigor with business pragmatism, building a diverse team of 20+ employees from 10 countries to tackle some of the world’s most pressing resource challenges.
Looking ahead, Herrera’s impact will likely extend far beyond MaverickX. As global demand for critical minerals intensifies and environmental regulations tighten, the sustainable extraction technologies he’s pioneering could become industry standard. Whether through continued growth of MaverickX, future ventures, or eventual philanthropic activities, Eric Herrera is positioned to be a defining voice in the intersection of biotechnology, energy, and sustainability for decades to come.
For young entrepreneurs, particularly those in deep tech and biotech, Herrera’s story offers valuable lessons: technical depth matters, complementary co-founders are invaluable, being open to pivots creates opportunities, and solving real industrial problems with novel approaches can attract substantial capital and recognition. His selection to Forbes 30 Under 30 isn’t just recognition of past achievements, but a signal of the transformative impact he’s poised to deliver in the years ahead.
👉 Did Eric Herrera’s journey inspire you? Share this article with aspiring entrepreneurs and scientists. Follow MaverickX’s progress and explore how biotechnology is reshaping resource extraction. Leave a comment about which aspect of his story resonated most with you, or explore more profiles of young innovators changing the world through science and entrepreneurship.
