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Spero Energy

Spero Energy
2013 FOUNDED
PRIVATE STATUS
Grant LATEST DEAL TYPE
$225k LATEST DEAL AMOUNT
4 INVESTORS
Description

Developer of a lignin conversion technology designed to develop cost-competitive conversion of non-food biomass feedstock to high-value chemicals (HVCs) and renewable fuels. The company's one step lignin catalysis technology produces high selective lignin-free cellulose and xylose from municipal waste wood, enabling manufacturers of high value renewable chemicals from biomass to avoid expensive and environmentally impactful pretreatment step of lignocellulose.

Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Industrial Chemicals
Other Industries
Energy Production
Primary Office
1281 Win Hentschel Boulevard
West Lafayette, IN 47906
United States
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Spero Energy Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Grant 18-Jan-2017 $225k Completed Startup
4. Grant 01-May-2016 0000 Completed Startup
3. Grant 24-Jun-2015 00.000 Completed Startup
2. Grant 24-Jul-2014 $350k Completed Startup
1. Accelerator/Incubator 01-Jan-2014 Completed Startup
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Spero Energy Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Elevate Ventures Venture Capital Minority 000 0000 000000 0
National Science Foundation Government 000 0000 000000 0
Purdue Research Foundation Accelerator/Incubator 000 0000 000000 0
U.S. Department of Energy Government 000 0000 000000 0

Spero Energy Executive Team (2)

Name Title Board
Seat
Contact
Info
Mahdi Abu-Omar Ph.D President & Founder
Mark Cisneros Ph.D Chief Strategy and Business Associate