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GreatPoint Energy produces clean, low-cost natural gas from coal, petroleum coke, and biomass utilizing its Bluegas™ catalytic hydromethanation process. Bluegas operates at significantly higher efficiency than competing technologies and benefits from very low water usage, a superior environmental footprint, nearly complete carbon capture, and a much lower overall cost of production. The natural gas that GreatPoint produces is far less expensive than liquefied natural gas (LNG) and can be transported through existing pipeline infrastructure. It is interchangeable with drilled natural gas and LNG for all applications, including power generation, industrial use, residential and commercial heating, and the production of chemicals.
The company is backed by leading strategic investors including China Wanxiang Holdings, Dow Chemical, Peabody Energy, AES, and Suncor Energy, and financial investors, such as Citi Alternative Investments, Kleiner Perkins Caufield and Byers, Khosla Ventures, Advanced Technology Ventures and Draper Fisher Jurvetson.
For more information visi twww.GreatPointEnergy.com
The company is backed by leading strategic investors including China Wanxiang Holdings, Dow Chemical, Peabody Energy, AES, and Suncor Energy, and financial investors, such as Citi Alternative Investments, Kleiner Perkins Caufield and Byers, Khosla Ventures, Advanced Technology Ventures and Draper Fisher Jurvetson.
For more information visi twww.GreatPointEnergy.com
Overview
Location
United States, Massachusetts, Cambridge
Employees
11-50
Total raised
$420M
Founded date
2005
Investors 1
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Funding Rounds 1
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Mentions in press and media 10
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| Feb 10, 2010 | The lost generation of entrepreneurs | (Editor’s note: Jeff Bussgang is a General Partner at Flybridge Capital Partners. This column originally appeared on his blog Seeing Both Sides.) I’ve been worrying lately that we are suffering from a lost generation of entrepreneurs. That ... |
| Jun 30, 2009 | Powering Cleantech to Market: Highlights from the XSITE Energy Panel | Share Share on Facebook Share on Twitter LinkedIn Email Reprints [Corrected 7/1/09] The atmosphere at last Wednesday’s XSITE energy breakout session was electric—clean electric, that is. The topic of the hour was the future and feasibility ... |
| Apr 9, 2009 | Cleantech could top venture capital within five years | Cleantech could be the largest area for venture capital investment within five years if not sooner, Mark Heesen, president of the National Venture Capital Association, told VentureBeat in an interview. The NVCA has been bullish on cleantech... |
| Jan 12, 2009 | Mayfield brings cleantech sector expert on board | Mayfield Fund announced today that it’s hired Coskata founder Todd Kimmel, a specialist in cleantech investing, to expand its portfolio of energy technology companies. Before now, the Menlo Park, Calif.-based firm has focused almost exclusi... |
| Dec 4, 2008 | Re-energizing Energy Innovation: Experts Spar (Lightly) at Xconomy Forum | Share Share on Facebook Share on Twitter LinkedIn Email Reprints The role of technology entrepreneurs in rebuilding the U.S. energy economy was the main theme at Xconomy’s latest forum Tuesday night. Topping the agenda was an all-star panel... |
| Jan 28, 2008 | GreatPoint Will Get Coal from Peabody | Share Share on Facebook Share on Twitter LinkedIn Email Reprints GreatPoint Energy, a well-funded Cambridge, MA, startup focused on turning coal into natural gas, could have trouble making its technology pay off unless its planned gasificat... |
| Oct 26, 2007 | GreatPoint Previews Demo Facility for Coal-to-Gas Technology | Share Share on Facebook Share on Twitter LinkedIn Email Reprints In the shadow of the New England’s largest coal-fired power plant, the Brayton Point station in Somerset, MA, Governor Deval Patrick presided yesterday over a ceremony heraldi... |
| Oct 19, 2007 | Venture capital investing steady, clean-tech up | [Updated with VentureOne/Ernst & Young data, which shows investing increased significantly during the quarter] Venture capitalists invested robustly during the third quarter, at or near record levels since 2001, according to two surveys... |
| Sep 21, 2007 | Funders Commit $100 Million More for GreatPoint’s Coal-to-Gas Technology | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Not so many decades ago, natural gas was considered a nuisance—a dangerous explosive to be vented from underground pockets and flared so that miners and drillers could get at ... |
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FAQ about GreatPoint Energy
When was GreatPoint Energy founded?
GreatPoint Energy was founded in 2005.
How much funding has GreatPoint Energy raised?
GreatPoint Energy has raised $420M in total across 1 funding round.
What has the press written about GreatPoint Energy?
Parsers VC has collected 10 articles mentioning GreatPoint Energy, among them “The lost generation of entrepreneurs” (Feb 10, 2010) and “Powering Cleantech to Market: Highlights from the XSITE Energy Panel” (Jun 30, 2009).
Is GreatPoint Energy still active?
GreatPoint Energy is probably closed: its latest activity on Parsers VC dates from Nov 6, 2022.