Spero Renewables Overview

  • Founded
  • 2013

  • Status
  • Private

  • Employees
  • 7

  • Latest Deal Type
  • Seed

  • (Cancelled)
  • Latest Deal Amount
  • $1.5M

  • Investors
  • 6

Spero Renewables General Information


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, enabling customers to access renewable and cost-effective ingredients for consumer products to enhance the quality of life and the environment.

Contact Information

Formerly Known As
Spero Energy
Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Industrial Chemicals
Other Industries
Energy Production
Food Products
Primary Office
  • 6780 Cortona Drive
  • Suite 150
  • Goleta, CA 93117
  • United States
+1 (805) 000-0000

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Spero Renewables Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Seed Round 15-Apr-2020 $1.5M Cancelled Generating Revenue
8. Angel (individual) 08-Nov-2018 00000 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
To view Spero Renewables’s complete valuation and funding history, request access »

Spero Renewables Executive Team (5)

Name Title Board Seat Contact Info
Mahdi Abu-Omar Ph.D Founder, Chief Executive Officer & President
Ian Klein Chief Technology Officer
Eric McFarland Ph.D Engineering Director & Board Member
You’re viewing 3 of 5 executive team members. Get the full list »

Spero Renewables Board Members (2)

Name Representing Role Since
Eric McFarland Ph.D Spero Renewables Engineering Director & Board Member 000 0000
You’re viewing 1 of 2 board members. Get the full list »

Spero Renewables Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Spero Renewables Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds 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
You’re viewing 5 of 6 investors. Get the full list »