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Spero Renewables

Spero Renewables
2013 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Angel LATEST DEAL TYPE
$725K LATEST DEAL AMOUNT
6 INVESTORS
Description

Developer of a conversion technology intended to create natural alternatives to petrochemical products. The company utilizes its proprietary technology to unlock the resources of readily available biomass for making natural and environmentally friendly products, providing renewable and cost-effective ingredients for consumer products to enhance the quality of life and the environment.

Formerly Known As
Spero Energy
Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Industrial Chemicals
Other Industries
Energy Production
Primary Office
  • 6780 Cortona Drive
  • Suite 150
  • Goleta, CA 93117
  • United States

+1 (805) 000-0000
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Spero Renewables Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Angel (individual) 08-Nov-2018 $725K 00000 00.000 Completed Startup
7. Grant 03-Oct-2017 00000 Completed Product Development
6. Grant 18-Jan-2017 00000 Completed Product Development
5. Grant 01-May-2016 0000 Completed Product Development
4. Grant 24-Jun-2015 00.000 Completed Product Development
3. Grant 28-Oct-2014 0000 Completed Product Development
2. Grant 24-Jul-2014 $350K Completed Product Development
1. Accelerator/Incubator 01-Jan-2014 Completed Product Development
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Spero Renewables Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
United States Department of Agriculture Government 000 0000 000000 0
BioCrossroads Venture Capital Minority 000 0000 000000 0
Elevate Ventures Venture Capital Minority 000 0000 000000 0
National Science Foundation Government 000 0000 000000 0
U.S. Department of Energy Government 000 0000 000000 0
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Spero Renewables Executive Team (5)

Name Title Board
Seat
Contact
Info
Mahdi Abu-Omar Ph.D Founder, Chief Executive Officer, President & Board Member
Ian Klein Chief Technology Officer
Eric McFarland Ph.D Director & Board Member

2 Former Executives

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Spero Renewables Board Members (2)

Name Representing Role Since Contact
Info
Eric McFarland Ph.D Spero Renewables Director & Board Member 000 0000

1 Former Board Member

You’re viewing 1 of 2 board members. Get the full list »