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Sapphire Energy

Sapphire Energy

Developing technologies to produce jet fuel and other biofuels from algae

Sapphire Energy biotechnology company using photosynthetic organisms to make renewable solutions and food ingredients that is headquartered in San Diego, California and was founded in 2007 by Steve Briggs, Kristina Burow, Nathaniel David, Stephen Mayfield, Mike Mendez, Bryan O'Neill, Yan Poon, and Jason Pyle. The company has a research and development facility in Las Cruces, New Mexico.

Sapphire Energy's biotechnology platform uses non-potable water, non-arable land, and do not rely on food crops to grow algae and cyanobacteria biomasses capable of capturing CO2. Algae and cyanobacteria biomasses grown by Sapphire Energy (according to the companies website) are a sustainable, renewable, scalable sources of omega-3 oils, aquaculture and animal feed ingredients, and fuels (called Green Crude).

Fuels made by Sapphire energy are compatible with existing petroleum infrastructure, are made to enhance and/or replace petroleum-based products, and do not result in the production of biodiesel or ethanol.

Timeline

September 17, 2008
Sapphire Energy raises a $35,000,000 series D round from ARCH Venture Partners and Venrock.
May 28, 2008
Sapphire Energy raises a $50,000,000 series C round from ARCH Venture Partners and Venrock.
2007
Sapphire Energy was founded by Nathaniel David.

Funding rounds

SBIR/STTR Awards

Patents

Further Resources

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References

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