Sapphire Energy

http://www.sapphireenergy.com/

Last activity: 27.02.2018

Probably Closed - Reference to

Categories: AgriTechBioTechEnergyTechFacilityFoodTechHumanInfrastructureLearnProductWaterTech

San Diego-based Sapphire Energy is pioneering an approach that takes two very old processes and synthesizes them into one very new opportunity. Farming and algae have been around for most of human existence, but the two have not been paired in any significant way to bring leverage the positive effects on one another. Sapphire’s products and processes in this category differ significantly from others because they are made solely from photosynthetic microorganisms (algae and cyanobacteria), using sunlight and CO2 as their feedstock; are not dependent on food crops or valuable farmland; do not use potable water; do not result in biodiesel or ethanol; are compatible with existing infrastructure; and are low carbon, renewable and scalable. Sapphire has an R&D facility in Las Cruces, New Mexico, and has been operating a 300-acre facility continuously since May 1, 2012.

Learn More at www.sapphireenergy.com
Like us on Facebook https://www.facebook.com/Sapphireenergy
Follow us on twitter https://twitter.com/SapphireEnergy
Watch our videos https://www.youtube.com/user/SapphireEnergyVideo

Mentions

Overview

Location

United States, California, San Diego

Employees

51-200

Total raised

$144M

Founded date

2007

Funding Rounds 1

Date	Series	Amount	Investors
Sign up to see	Sign up to see	Sign up to see	Sign up to see

Mentions in press and media 26

Date	Title	Description
Sign up to see	Sign up to see	Sign up to see
Nov 15, 2016	Horizons Ventures Leads Algama Round as Uses for Algae Diversify	There are a variety of new food sources making their way into the supermarket mainstream, including Exo’s cricket-based protein bars, Perfect Day’s yeast-derived, animal-free milk, and Impossible Foods’ burgers derived from coconut oil, pot...
Feb 3, 2015	Algal Biofuel Icon Sapphire Energy Moves to Diversify Product Line	Share Share on Facebook Share on Twitter LinkedIn Email Reprints After James Levine stepped in last summer as CEO at Sapphire Energy, he told Xconomy he would be looking for ways to broaden and diversify Sapphire’s core expertise in algae-b...
Jul 30, 2013	After Raising Private Equity, Sapphire Energy Repays Loan Guarantee	Share Share on Facebook Share on Twitter LinkedIn Email Reprints San Diego’s Sapphire Energy, a leading developer of algae-based biofuels, says today it has repaid a $54.5 million federal loan guarantee. As a result of the loan guarantee, m...
Dec 28, 2012	Top 15 venture capital deals of 2012	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! This year, many high-profile startups and private...
Apr 19, 2012	CEO Changes in Planned Succession at San Diego’s Sapphire Energy	Share Share on Facebook Share on Twitter LinkedIn Email Reprints I thought the best presentation at the “Rock Stars of Innovation Summit” a few weeks ago was a chat between two co-founders of San Diego’s Sapphire Energy—CEO Jason Pyle and S...
Apr 4, 2012	Sapphire Energy Inc Closes Final Tranche of $144M Series C Financing	Sapphire Energy Inc., a San Diego, CA-based company developing algae-based green crude oil, has closed the final tranche of a $144m Series C financing round. Backers include Arrowpoint Partners, Monsanto, and other undisclosed investors. Th...
Apr 2, 2012	San Diego’s Sapphire Energy Raises $144M for “Green Crude Farm”	Share Share on Facebook Share on Twitter LinkedIn Email Reprints San Diego biofuel developer Sapphire Energy says today it has secured the final installment of $144 million in a Series C round of venture funding that includes Arrowpoint Par...
Apr 2, 2012	Sapphire Energy gets $144M in its fuel tank to turn algae into gasoline	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Sapphire Energy, a company that creates algae-bas...
Mar 9, 2011	Sapphire Energy Anticipates “Significant” Revenue Stream From Monsanto Alliance	Share Share on Facebook Share on Twitter LinkedIn Email Reprints San Diego biofuels startup Sapphire Energy added to its pedigreed credentials yesterday, revealing an undisclosed investment by St. Louis, MO-based Monsanto (NYSE: MON), a pre...
Jan 19, 2011	No Time for Small Bets: The Decades-Long View of Sapphire Energy’s Jason Pyle	Share Share on Facebook Share on Twitter LinkedIn Email Reprints Since Sapphire Energy settled into its San Diego headquarters more than two years ago, local public appearances by CEO Jason Pyle have been about as rare as sightings of the e...
Aug 11, 2010	PetroAlgae chances weak green IPO market with $200M filing	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! PetroAlgae, a company claiming that it has found ...
Aug 11, 2010	PetroAlgae chances weak green IPO market with $200M filing	PetroAlgae, a company claiming that it has found a cheap way to convert algae into fuel — a goal that formidable competitors like Sapphire Energy and Solazyme are also chasing — just filed for a $200 million IPO despite a weak public market...
Aug 9, 2010	Solazyme bottles $52M for algae-based fuel	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! San Francisco-based biofuel company Solazyme anno...
Aug 9, 2010	Solazyme bottles $52M for algae-based fuel	San Francisco-based biofuel company Solazyme announced today that it has landed $52 million in a fourth round of venture capital to commercialize its algae-based fuel. Morgan Stanley joined its flock of backers, which also includes Chevron ...
Mar 17, 2010	Algae fuel contender Aurora lands $15M — but can it grow?	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! On the surface, biofuels derived from algae seem ...
Mar 17, 2010	Algae fuel contender Aurora lands $15M — but can it grow?	On the surface, biofuels derived from algae seem to be an ideal solution to wean cars and trucks off gasoline. Algae grows anywhere, produces fuel that can work in today’s vehicle tanks, and seems cheap enough. Based on these arguments, Aur...
Dec 4, 2009	Federal Biofuel Awards Made for Green Refinery Projects in 15 States, Including Pilot Plants for Sapphire Energy, BioEnergy Intl.	Share Share on Facebook Share on Twitter LinkedIn Email Reprints Sapphire Energy, the San Diego-based algae biofuels startup that got much of its venture funding out of Seattle, and BioEnergy International of Quincy, MA, are among 19 biofue...
Sep 8, 2009	Sapphire Energy launches algae-powered hybrid	Sapphire Energy, maker of an algae-based replacement for gasoline and jet fuel, unveiled its plug-in hybrid electric vehicle today in front of San Francisco’s city hall — combining several promising technologies aimed at slashing carbon emi...
Sep 8, 2009	Sapphire Energy launches algae-powered hybrid	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Sapphire Energy, maker of an algae-based replacem...
Apr 16, 2009	Sapphire Energy Hikes Green Crude Production Estimates	Share Share on Facebook Share on Twitter LinkedIn Email Reprints [Update: This report was updated at 6:10 PT with a statement from Sapphire Energy president C.J. Warner] Citing a breakthrough, San Diego’s Sapphire Energy, a startup developi...
Nov 26, 2008	Plunging Oil Prices Require Alternative Fuel Startups to Take a Long View	Share Share on Facebook Share on Twitter LinkedIn Email Reprints Historic high prices for petroleum over the past decade have stoked a surge of interest in alternative fuels and renewable energy, and dozens of startups have been formed to d...
Nov 13, 2008	Sapphire Energy, Backed by Bill Gates, Tries to Tone Down the Hype as it Makes Gasoline From Algae	Share Share on Facebook Share on Twitter LinkedIn Email Reprints Sapphire Energy has not provided many details about its technology since CEO Jason Pyle stepped into the limelight six months ago to announce the San Diego startup has develop...
Oct 24, 2008	Investors Talk Biofuels Winners, Latecomers to the Party, and $100 Billion Dollar Companies at Algae Biomass Summit	Share Share on Facebook Share on Twitter LinkedIn Email Reprints Algae-based biofuels are the topic du jour. And why not—the prospect of using pond scum to power 21st-century transportation and replace crude oil is pretty appealing. So one ...
Sep 17, 2008	Sapphire Energy getting the green for its algal biofuel	Well-known but still young biofuel company Sapphire Energy has more than doubled its funding to more than $100 million for its “green crude,” a fuel it says will mimic the best characteristics of the oil we drill for today. Sapphire’s plan,...
Sep 17, 2008	Bill Gates, Arch Venture Back Biofuel Maker Sapphire Energy	Share Share on Facebook Share on Twitter LinkedIn Email Reprints Algae-based biofuel is getting pretty big—at least as an investment. Today, the Wall Street Journal reports that San Diego-based Sapphire Energy has closed a round of venture ...

Reviews 0

FAQ about Sapphire Energy

When was Sapphire Energy founded?

Sapphire Energy was founded in 2007.

How much funding has Sapphire Energy raised?

Sapphire Energy has raised $144M in total across 1 funding round.

What has the press written about Sapphire Energy?

Parsers VC has collected 26 articles mentioning Sapphire Energy, among them “Horizons Ventures Leads Algama Round as Uses for Algae Diversify” (Nov 15, 2016) and “Algal Biofuel Icon Sapphire Energy Moves to Diversify Product Line” (Feb 3, 2015).

Is Sapphire Energy still active?

Sapphire Energy is probably closed: its latest activity on Parsers VC dates from Feb 27, 2018.