Sapphire Energy

About:

Sapphire Energy develops products and processes based on photosynthetic microorganisms, and uses sunlight and CO2 as their feedstock.

Website: http://sapphireenergy.com

Twitter/X: SapphireEnergy

Top Investors: ARCH Venture Partners, Wellcome Trust, U.S. Department of Agriculture, Venrock, ArrowMark Partners

Description:

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.

Total Funding Amount:

$377M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

San Diego, California, United States

Founded Date:

2007-01-01

Contact Email:

info(AT)sapphireenergy.com

Founders:

Jason Pyle, Kristina Burow, Nathaniel David, Stephen Mayfield, Steven Briggs

Number of Employees:

51-100

Last Funding Date:

2015-12-15

IPO Status:

Private

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