Company Profiles

driven by the PitchBook Platform

Virent

Description

Developer of alternative fuel from biomass sources. The company owns a patented technology, which features catalytic chemistry to convert plant-based materials into a full range of products identical to those made from petroleum, including gasoline, diesel, jet fuel, and chemicals for plastics and fibers. Its products are drop-in replacements that enable full utilization of existing logistics infrastructure without blending limitations.

M&A

Status

11-50

Employees

M&A

Latest Deal Type

$77.4M

Total Amount Raised

Description

Developer of alternative fuel from biomass sources. The company owns a patented technology, which features catalytic chemistry to convert plant-based materials into a full range of products identical to those made from petroleum, including gasoline, diesel, jet fuel, and chemicals for plastics and fibers. Its products are drop-in replacements that enable full utilization of existing logistics infrastructure without blending limitations.

Website:

www.virent.com

Formerly Known As

Virent Energy Systems

Ownership Status

Acquired/Merged (Operating Subsidiary)

Financing Status

Formerly VC-Backed

Primary Industry

Energy Production

Other Industries

Other Energy

Primary Office

3571 Anderson Street Madison, WI 53704United States +1 (608) 663-0228
Request a free trial to the PitchBook Platform
You're viewing a free company profile from the PitchBook Platform. To explore Virent's full profile, request a free trial.

Virent Valuation and Funding

Request access
Deal TypeDateAmountRaised to DatePost-ValStatusStage

Virent Cap Table

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

Virent Executive Team (11)

NameTitleBoard
Seat
Contact
Info
Stacey OrlandiChief Executive Officer
Jeffrey Moore JDChief Operating Officer
Randy Cortright Ph.DFounder, Board Member & Chief Technical Officer
Ralph LernerDirector, Business Development
Jennifer PhillipsDirector, Human Resources
Stacey Orlandi Chief Executive Officer
Jeffrey Moore JD Chief Operating Officer
Randy Cortright Ph.D Founder, Board Member & Chief Technical Officer
Ralph Lerner Director, Business Development
Jennifer Phillips Director, Human Resources

Virent Board Members (3)

NameRepresentingRoleSinceContact
Info
Arpesh MehtaSelfBoard Member000 0000
Bradley BellVirentChairman000 0000
John Rice Jr.SelfBoard Member000 0000
Arpesh Mehta Board Member Self
Bradley Bell Chairman Virent
John Rice Jr. Board Member Self
Request full access to PitchBook