Newlight Technologies
Latest round
- Series F
Last raised
- Oct 2020
Total raised
- $45M
Investors
- 2
About Newlight Technologies
Newlight Technologies, Inc.Founded in 2003 and headquartered in the United States, Newlight Technologies, Inc. develops biomaterials from carbon dioxide through microorganisms. The company has undergone strategic pivots to focus on sustainable material solutions. Mark Herrema leads the company, having previously founded other ventures.Newlight Technologies, Inc. specializes in developing AirCarbon, a biomaterial produced from greenhouse gases, particularly carbon dioxide. This innovative material serves as a sustainable alternative to conventional plastics, effectively targeting plastic pollution and climate change. AirCarbon is created via a proprietary process mimicking natural biological systems, utilizing air and CO2e, hence eliminating the need for oil or food crops.Newlight Technologies generates revenue through direct sales of its AirCarbon products to various clients, including manufacturers and retailers. The company engages in B2B partnerships and wholesale arrangements to scale product distribution, serving sectors such as packaging and consumer goods.Newlight Technologies, Inc. is actively designing new products aimed at enhancing its AirCarbon offerings, with specific release dates yet to be announced. The company plans to expand its market presence in Europe and Asia by 2025, targeting environmentally responsible businesses and consumers.
Who invested in Newlight Technologies
2 investors across 1 round
See all investors in Newlight Technologies
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series F
Oct 7, 2020
Amount
$45M
Investors
Questions about Newlight Technologies
Who invested in Newlight Technologies?
Newlight Technologies has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Newlight Technologies raised?
Newlight Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Newlight Technologies last raise money?
Newlight Technologies's most recent round on record is a Series F, in Oct 2020.
What does Newlight Technologies do?
Newlight Technologies is a biotechnology company.
Where is Newlight Technologies headquartered?
Newlight Technologies is headquartered in US.
Which VCs invest in companies like Newlight Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Newlight Technologies's stage. Their profiles are linked below.
VCs backing biotechnology startups at Series F
Raising like Newlight Technologies? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.