Xconomy | San Diego - Business + Technology in the Exponential Economy

Sapphire Energy, Inc. Lands $100,000,000 Series B Financing

  • Feed Type
  • Date
    5/29/2008
  • Company Name
    Sapphire Energy, Inc.
  • 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
    Undisclosed
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $100,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    ARCH Venture Partners
  • Venture Investor
    Venrock
  • Venture Investor
    The Wellcome Trust
  • Venture Investor
    Undisclosed

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