# Gevo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gevo

- Industry: Renewable Energy
- Headquarters: Englewood, US
- Website: www.gevo.com/
- Total disclosed funding: $63M
- Latest round: Series D (May 7, 2010)
- Investors on record: 5

## About

Gevo, Inc. is a US-based company focused on renewable fuels and high-value nutrition products. They specialize in producing sustainable aviation fuel and other renewable energy solutions, contributing to a reduction in carbon emissions.Founded in 2005 and headquartered in Englewood, US, Gevo, Inc. specializes in renewable energy solutions, particularly in the alcohol-to-jet (ATJ) process. The company has completed a total of 9 deals, with its most recent being a Grant of USD 5.00 mn from the U.S. Department of Agriculture, contributing to a total funding of USD 107.25 mn. Alans Leite is recognized as the founder, while Patrick Gruber currently serves as CEO.Gevo produces advanced renewable fuels and high-value nutrition products from renewable resources, focusing on sustainable aviation fuel (SAF), renewable natural gas (RNG), isobutanol, and renewable ethanol. These products aim to compete with traditional fuels while significantly lowering carbon emissions. Gevo integrates regenerative agriculture practices, enhancing the food supply chain with protein-rich byproducts and catering to diverse sectors, particularly aviation, agriculture, and energy, both domestically and internationally.In 2024, Gevo reported a revenue of USD 16.92 mn, with an EBITDA of USD -72.53 mn. The company's revenue model is primarily based on B2B transactions involving long-term agreements with businesses in aviation and agriculture, focusing on sustainable practices.Gevo plans to leverage recent funding to support the development of new products and expand into emerging markets. The company anticipates launching innovative renewable fuel solutions in the coming years as it continues to address the global demand for sustainable energy. The Grant received in February 2011, which was part of their IPO raising USD 107.25 mn, is expected to facilitate these expansion strategies and product development initiatives.

## Funding rounds

- Series D, May 7, 2010, $33M — Burrill & Company, Khosla Ventures, Virgin Green Fund, TotalEnergies, Spruce Capital Partners
- Series C, Mar 25, 2008, $17M — Burrill & Company, Khosla Ventures, Virgin Green Fund, Spruce Capital Partners
- Series B, Jul 19, 2007, $10M — Khosla Ventures, Virgin Green Fund
- Series A, May 8, 2007, $2M — Khosla Ventures
- Series A, Feb 13, 2007, $1.6M — Khosla Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B, Series C, Series D
- Virgin Green Fund (https://capitalatlas.ai/funds/virgin-green-fund) — Series B, Series C, Series D
- Burrill & Company (https://capitalatlas.ai/funds/burrill-company) — Series C, Series D
- Spruce Capital Partners (https://capitalatlas.ai/funds/spruce-capital-partners) — Series C, Series D
- TotalEnergies — Series D