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Laurus Energy

Description

Developer of underground coal-gasification projects. The company uses its proprietary Exergy UCG Technology to convert domestic coal into syngas, a petroleum substitute that can be used for electricity production, liquid fuels and chemical ingredients for other compounds.

2007

Founded

PRIVATE

Status

11-50

Employees

Series A

Latest Deal Type

$9M

Latest Deal Amount

$9M

Total Amount Raised

Description

Developer of underground coal-gasification projects. The company uses its proprietary Exergy UCG Technology to convert domestic coal into syngas, a petroleum substitute that can be used for electricity production, liquid fuels and chemical ingredients for other compounds.

Website:

www.laurusenergy.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Coal and Consumable Fuels Equipment

Other Industries

Coal Mining

Primary Office

4119 Montrose Boulevard Suite 400 Houston, TX 77006United States
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    Laurus Energy Valuation and Funding

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    Deal TypeDateAmountRaised to DatePost-ValStatusStage

    Laurus Energy Cap Table

    Stock# of Shares
    Authorized
    Par ValueDividend Rate (%)Original
    Issue Price
    LiquidationLiquidation
    Pref. Multiple
    Conversion
    Price
    % Owned

    Laurus Energy Investors (1)

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    Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
    Seat
    Contact
    Info
    Mohr Davidow VenturesVenture CapitalMinority000 0000000 0000
    Mohr Davidow Ventures Venture Capital

    Laurus Energy Executive Team (2)

    NameTitleBoard
    Seat
    Contact
    Info
    Rebecca McDonaldBoard Member & Chief Executive Officer
    Simon MaevCo-Founder, President, Vice President Project Development & Board Member
    Rebecca McDonald Board Member & Chief Executive Officer
    Simon Maev Co-Founder, President, Vice President Project Development & Board Member

    Laurus Energy Board Members (4)

    NameRepresentingRoleSinceContact
    Info
    Marianne Wu Ph.DMarianne WuAngel (individual)000 0000
    Michael BlindermanSelfBoard Member & Co-Founder000 0000
    Rebecca McDonaldLaurus EnergyBoard Member & Chief Executive Officer000 0000
    Simon MaevLaurus EnergyCo-Founder, President, Vice President Project Development & Board Member000 0000
    Marianne Wu Ph.D Angel (individual) Marianne Wu
    Michael Blinderman Board Member & Co-Founder Self
    Rebecca McDonald Board Member & Chief Executive Officer Laurus Energy
    Simon Maev Co-Founder, President, Vice President Project Development & Board Member Laurus Energy
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