Company Profiles

driven by the PitchBook Platform

Sundrop Fuels

Description

Developer of renewable energy technology services intended to offer sustainable energy for the industrial processes. The company's renewable energy technology services offers solar reduction of carbon dioxide technology, which produces electricity, as well as fuels, such as methanol or desalinated water, enabling industries to use affordable and clean renewable energy.

PRIVATE

Status

51-200

Employees

Later Stage VC

Latest Deal Type

$33.8M

Latest Deal Amount

$77.5M

Total Amount Raised

1

Investors

Description

Developer of renewable energy technology services intended to offer sustainable energy for the industrial processes. The company's renewable energy technology services offers solar reduction of carbon dioxide technology, which produces electricity, as well as fuels, such as methanol or desalinated water, enabling industries to use affordable and clean renewable energy.

Website:

www.sundropfuels.com

Formerly Known As

Solarec

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Alternative Energy Equipment

Other Industries

Energy Production

Primary Office

2410 Trade Centre Avenue Suite A Longmont, CO 80503United States +1 (720) 890-6501
Request a free trial to the PitchBook Platform
You're viewing a free company profile from the PitchBook Platform. To explore Sundrop Fuels's full profile, request a free trial.

Sundrop Fuels Valuation and Funding

Request access
Deal TypeDateAmountRaised to DatePost-ValStatusStage

Sundrop Fuels Cap Table

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

Sundrop Fuels Investors (1)

Request access
Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Chesapeake NG VenturesCorporate Venture CapitalMajority000 0000000 0000
Chesapeake NG Ventures Corporate Venture Capital

Sundrop Fuels Executive Team (6)

NameTitleBoard
Seat
Contact
Info
Wayne Simmons Ph.DChief Executive Officer, President & Board Member
Renus KelfkensSenior Vice President, Engineering
Keith GockenbachSenior Vice President, Operations
Doug JackSenior Vice President, Technology Development
Jay CornChief Financial Officer & Senior Vice President
Wayne Simmons Ph.D Chief Executive Officer, President & Board Member
Renus Kelfkens Senior Vice President, Engineering
Keith Gockenbach Senior Vice President, Operations
Doug Jack Senior Vice President, Technology Development
Jay Corn Chief Financial Officer & Senior Vice President

Sundrop Fuels Board Members (2)

NameRepresentingRoleSinceContact
Info
Bryan LemmermanChesapeake EnergyVice President, Marketing and Corporate Business Development000 0000
Chuck EnzeSelfBoard Member000 0000
Bryan Lemmerman Vice President, Marketing and Corporate Business Development Chesapeake Energy
Chuck Enze Board Member Self
Request full access to PitchBook