Sapphire Energy Secures $144,000,000 Series C Financing

  • Feed Type
  • Date
    4/3/2012
  • Company Name
    Sapphire Energy
  • Mailing Address
    2658 Del Mar Heights Rd Del Mar, CA 92014
  • Company Description
    Company scientists have built a platform that uses sunlight, CO2, photosynthetic microorganisms and non-arable land to produce carbon-neutral alternatives to petrochemical-based processes and products. First up: renewable gasoline.
  • Website
    http://www.sapphireenergy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $144,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This round of funding is being used to directly support Sapphire Energy’s active and on-schedule commercial demonstration in Luna County, New Mexico.
  • M&A Terms
  • Venture Investor
    Arrowpoint Partners
  • Venture Investor
    Monsanto
  • Venture Investor
    Undisclosed

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