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.
Website
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 |
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 |
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
You’re viewing 3 of 5 executives. Get the full list »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 »