# Cobalt Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cobalt-technologies

- Industry: Renewable Energy
- Headquarters: Mountain View, US
- Website: www.cobalttech.com
- Total disclosed funding: $32M
- Latest round: Series E (Dec 30, 2012)
- Investors on record: 10

## About

Cobalt Technologies is a prominent provider of innovative solutions focused on improving chemical production processes. The company specializes in creating efficient and environmentally friendly technologies that enhance operational productivity in the chemical industry.Cobalt Technologies, founded in 2005 and headquartered in Mountain View, US, specializes in advanced chemical technologies. The company underwent a strategic pivot in 2015 when it was partially acquired by SGBio. The founder's prior history is not detailed. The company has raised a total of USD 7.00 mn in funding, with the latest round occurring on October 14, 2015.Cobalt Technologies offers innovative chemical production technologies aimed at optimizing operational efficiency. Their solutions focus on enhancing production processes in the chemical industry, allowing companies to achieve improved yields while minimizing environmental impacts. The platform serves a diverse range of clients across various sectors, including large-scale chemical manufacturers and enterprises looking to enhance sustainability.Cobalt Technologies generates revenue primarily through its licensing model, where clients pay for access to its proprietary technologies. The company's revenue structure includes agreements with chemical manufacturers who adopt their solutions to improve production efficiency. The financial details of these agreements are not disclosed, but they cater to a wide array of operational needs within the industry.Cobalt Technologies plans to launch new advancements in chemical production technologies aimed at further enhancing efficiency and sustainability within the industry. The company is focused on expanding its market presence, particularly targeting regions in North America and Europe for strategic growth. Recent funding of USD 7.00 mn will be utilized to support these initiatives, particularly in product development and market expansion efforts.

## Funding rounds

- Series E, Dec 30, 2012 — Burrill & Company, VantagePoint Capital, Pinnacle Ventures, EQT Life Sciences, @Ventures, 180 Degree Capital, The Whittemore Collection Ltd.
- Series D, May 2, 2011, $22M — Burrill & Company, VantagePoint Capital, Pinnacle Ventures, EQT Life Sciences, Malaysian Technology Development, @Ventures, 180 Degree Capital, The Whittemore Collection Ltd., Spruce Capital Partners, Harris & Harris, Ltd.
- Series C, Oct 20, 2008, $7.3M — VantagePoint Capital, Pinnacle Ventures, EQT Life Sciences, Malaysian Technology Development, @Ventures, 180 Degree Capital, Spruce Capital Partners, Harris & Harris, Ltd.
- Series B, Nov 8, 2006, $3M — VantagePoint Capital

## Investors

- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Series B, Series C, Series D, Series E
- Pinnacle Ventures (https://capitalatlas.ai/funds/pinnacle-ventures) — Series C, Series D, Series E
- EQT Life Sciences (https://capitalatlas.ai/funds/eqt-life-sciences) — Series C, Series D, Series E
- Malaysian Technology Development (https://capitalatlas.ai/funds/malaysian-technology-development) — Series C, Series D
- @Ventures (https://capitalatlas.ai/funds/ventures) — Series C, Series D, Series E
- 180 Degree Capital (https://capitalatlas.ai/funds/180-degree-capital) — Series C, Series D, Series E
- Spruce Capital Partners (https://capitalatlas.ai/funds/spruce-capital-partners) — Series C, Series D
- Harris & Harris, Ltd. — Series C, Series D
- Burrill & Company (https://capitalatlas.ai/funds/burrill-company) — Series D, Series E
- The Whittemore Collection Ltd. — Series D, Series E