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Glori Energy Inc.
http://www.glorienergy.com/Last activity: 28.03.2012
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Glori Energy is a Houston-based energy technology and oil production company that deploys its proprietary AERO(TM) System to increase the amount of oil that can be produced from conventional oil fields. Glori owns and operates oil fields onshore U.S. and additionally provides its technology as a service to E&P companies globally. Only one-third of all oil discovered in a typical reservoir is recoverable using conventional technologies; the rest remains trapped in the rock. Glori's proprietary AERO System recovers residual oil by stimulating a reservoir's native microorganisms to sustainably increase the ultimate recovery at a low cost. For more information, visit www.GloriEnergy.com.
Overview
Location
United States, Texas, Houston
Employees
11-50
Total raised
$20M
Founded date
2005
Investors 2
| Date | Name | Website |
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| Nov 6, 2022 | Hercules Capital | htgc.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 4
| Date | Title | Description |
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| Jan 25, 2012 | Glori Energy Raises $20M in Series C Funding | Glori Energy, a Houston, TX-based developer of a sustainable oil recovery system, has raised $20m in Series C funding. The round was led by Gentry Venture Partners, with participation from Advantage Capital Partners, Energy Technology Ventu... |
| Jan 24, 2012 | Glori Energy Raises $20M | HOUSTON, TX, Leader in sustainable, enhanced oil recovery and provider of the AERO (Activated Environment for Recovery of Oil) System, announced the closing of a $20 million issue of its Series C. >> Click here for more funding dat... |
| Jul 5, 2011 | Glori Energy Receives Investment from Energy Technology Ventures | Glori Energy, a Houston, TX-based developer of technology designed to help extract trapped oil from mature oil fields, has received an investment of undisclosed amount from Energy Technology Ventures. The company intends to use the funds to... |
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FAQ about Glori Energy Inc.
When was Glori Energy Inc. founded?
Glori Energy Inc. was founded in 2005.
How much funding has Glori Energy Inc. raised?
Glori Energy Inc. has raised $20M in total across 1 funding round.
Who has invested in Glori Energy Inc.?
Parsers VC lists 2 investors of Glori Energy Inc., among them Hercules Capital.
What has the press written about Glori Energy Inc.?
Parsers VC has collected 4 articles mentioning Glori Energy Inc., among them “Glori Energy Raises $20M in Series C Funding” (Jan 25, 2012) and “Glori Energy Raises $20M” (Jan 24, 2012).
Is Glori Energy Inc. still active?
Yes, Glori Energy Inc. is active; its latest activity on Parsers VC dates from Mar 28, 2012.