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Sapphire Energy
About
Sapphire Energy develops products and processes based on photosynthetic microorganisms, and uses sunlight and CO2 as their feedstock.
- 51 - 100
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $1.02M
- Industries
- Biotechnology,Clean Energy,Energy,Solar
- Founded date
- Jan 1, 2007
- Number Of Employee
- 51 - 100
- Operating Status
- Active
San Diego-based Sapphire Energy is pioneering an entirely new industry – Green Crude – production with the potential to profoundly change America’s energy and petrochemical landscape for the better. Sapphire’s products and processes in this category differ significantly from other forms of biofuel because they are made solely from photosynthetic microorganisms (algae and cyanobacteria), using sunlight and CO2 as their feedstock; are not dependent on food crops or valuable farmland; do not use potable water; do not result in biodiesel or ethanol; enhance and replace petroleum-based products; are compatible with existing infrastructure; and are low carbon, renewable and scalable. Sapphire has an R&D facility in Las Cruces, New Mexico, and is currently building the first Integrated Algal BioRefinery in Columbus, New Mexico.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 2, 2012 | Series C | $144M | 1 | — | — | Detail |
| Sep 17, 2008 | Series Unknown | $35M | 1 | — | — | Detail |
| May 28, 2008 | Series B | $50M | 1 | — | — | Detail |
| Jun 28, 2007 | Series A | $1.02M | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
ARCH Venture Partners
|
— | Series C |
