Virent
M&A
STATUS
31-40
EMPLOYEES
M&A
LATEST DEAL TYPE
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
Formerly Known As
Virent Energy Systems
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Office
- 3571 Anderson Street
- Madison, WI 53704
- United States
+1 (608) 000-0000
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Virent Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 28-Sep-2016 | 000.00 | Completed | Generating Revenue | ||
| 8. Grant | 01-Jul-2013 | 000 | 000.00 | Completed | Profitable | |
| 7. Grant | 10-Jun-2011 | 000.00 | 000.00 | Completed | Profitable | |
| 6. Later Stage VC (Series C) | 27-May-2010 | 000.00 | 000.00 | 00000 | Completed | Profitable |
| 5. Grant | 02-Oct-2007 | 000 | 000.00 | Completed | Profitable | |
| 4. Early Stage VC (Series B) | 29-Aug-2007 | 000.00 | 000.00 | 000.00 | Completed | Profitable |
| 3. Early Stage VC (Series A) | 01-Jun-2006 | 00.000 | 00.000 | 0000 | Completed | Profitable |
| 2. Grant | 01-Jan-2003 | $4.5M | Completed | Profitable | ||
| 1. Corporate | 01-Jan-2001 | Completed | Startup |
Virent Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series B | 0,000,000 | 00.000000 | 00.0 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A2 | 1,360,000 | $0.001000 | $0.3 | $2.98 | $2.98 | 1x | $2.98 | 6.03% |
| Series A1 | 1,840,000 | $0.001000 | $0.2 | $2.05 | $2.05 | 1x | $2.05 | 8.16% |
Virent Competitors (3)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Edeniq | Venture Capital-Backed | Visalia, CA | 000 | 00000 | 000000000 | 00000 |
| 000000000 | Venture Capital-Backed | Carlsbad, CA | 00 | 000.00 | 0000000000 0 | 000.00 |
| 00000 | Venture Capital-Backed | Ottawa, Canada | 00 | 000.00 | 0000000000 0 | 000.00 |
Virent Former Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Advantage Capital (St. Louis) | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| BIRD Foundation | Limited Partner | 000 0000 | 000000 0 | |||
| Cargill Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Honda Strategic Venturing | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| National Institute of Standards and Technology | Government | 000 0000 | 000000 0 |
Virent Executive Team (19)
9 Former Executives
You’re viewing 5 of 19 executives. Get the full list »Virent Board Members (9)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Arpesh Mehta | Self | Board Member | 000 0000 | |
| Bradley Bell | Virent | Chairman | 000 0000 | |
| John Rice Jr. | Self | Board Member | 000 0000 |
6 Former Board Members
You’re viewing 3 of 9 board members. Get the full list »