# NexSteppe

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

- Industry: Chemicals
- Headquarters: Malibu, US
- Website: www.nexsteppe.com
- Total disclosed funding: $46M
- Latest round: Series C (Sep 23, 2014)
- Investors on record: 6

## About

NexSteppe is a biotechnology company that specializes in developing advanced biomass energy crops. Their innovative approach focuses on sustainable agricultural practices to produce renewable feedstocks for biofuels and bioproducts.NexSteppe, founded in 2010 in Malibu, US, focuses on creating innovative biomass crops for renewable energy. The company has successfully raised a total of USD 3.03 mn in funding through a Series C round in July 2016, with a current valuation of USD 70.116 mn. The founder's details are not specified, but NexSteppe has completed four funding deals to date.NexSteppe develops advanced biomass energy crops aimed at providing sustainable feedstocks for biofuels and bioproducts. Their products are designed to meet the growing demand for renewable energy sources while promoting environmentally friendly agricultural practices.NexSteppe generates revenue primarily through partnerships with agricultural producers and biofuel companies that utilize their biomass crops. While specific pricing structures are not disclosed, the revenue model is based on the sale of plant varieties and related services, aligned with market demand for renewable energy solutions.NexSteppe plans to leverage its recent Series C funding of USD 3.03 mn raised in July 2016 to accelerate the development of new biomass crops and expand into emerging markets in Asia and South America. The company aims to introduce its next generation of biomass crops by 2018 and establish partnerships that enhance its operational footprint in these regions.

## Funding rounds

- Series C, Sep 23, 2014, $22M — Braemar Energy Ventures, TotalEnergies, CYM Ventures, DuPont Ventures, ELFH Holding
- Series C, Apr 16, 2014, $9.7M — Braemar Energy Ventures
- Series B, Dec 5, 2011, $14M — Braemar Energy Ventures, Zygote Ventures, CYM Ventures

## Investors

- Braemar Energy Ventures (https://capitalatlas.ai/funds/braemar-energy-ventures) — Series B, Series C
- Zygote Ventures (https://capitalatlas.ai/funds/zygote-ventures) — Series B
- CYM Ventures — Series B, Series C
- TotalEnergies — Series C
- DuPont Ventures (https://capitalatlas.ai/funds/dupont-ventures) — Series C
- ELFH Holding — Series C