Sapphire Energy Obtains New Round

  • Feed Type
  • Date
    3/8/2011
  • 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
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The transaction is part of a larger strategic collaboration that will leverage sapphires algae-based research platform to discover genes that could be applied to agriculture.
  • M&A Terms
  • Venture Investor
    Monsanto

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