Virent Overview
- Founded
- 2001
- Status
- Acquired/Merged
- Employees
- 36
- Latest Deal Type
- M&A
Virent General Information
Description
Developer of alternative fuel from biomass sources intended to serve demands from a wide range of industries. 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, enabling users with full utilization of existing logistics infrastructure without blending limitations.
Contact Information
Website
www.virent.com
Formerly Known As
Virent Energy Systems
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Energy Production
Other Industries
Multi-line Chemicals
Other Energy
Parent Company
Primary Office
- 3571 Anderson Street
- Madison, WI 53704
- United States
+1 (608) 000-0000
Virent Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 28-Sep-2016 | 000.00 | Completed | Profitable | ||
| 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 Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of alternative fuel from biomass sources intended to serve demands from a wide range of industries. The compan
Energy Production
Madison, WI
36
As of 2016
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Ottawa, Canada
00
As of 0000
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000.00
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Enschede, Netherlands
00
As of 0000
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Add Comparison
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Request a free trialVirent Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ensyn | Venture Capital-Backed | Ottawa, Canada | 00 | 000.00 | 00000000000 | 000.00 |
| 000 0000000000 | Venture Capital-Backed | Enschede, Netherlands | 00 | 0000000000 0 | ||
| 000000 | Venture Capital-Backed | Visalia, CA | 00 | 00000 | 00000000000 | 00000 |
| 0000 | Formerly VC-backed | Englewood, CO | 00 | 00000 | 000000000 | 00000 |
| 0000000000 | Formerly VC-backed | Greenwood Village, CO | 00 | 00000 | 00000000 00 | 00000 |
Virent Patents
Virent Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20170044443-A1 | Production of alternative gasoline fuels | Granted | 13-Aug-2015 | 00000000 | 00 |
| US-10370596-B2 | Production of alternative gasoline fuels | Active | 13-Aug-2015 | 00000000 | 00 |
| US-20140350317-A1 | Hydrogenation of carboxylic acids to increase yield of aromatics | Granted | 22-May-2013 | 00000000 | 0 |
| US-9873644-B2 | Hydrogenation of carboxylic acids to increase yield of aromatics | Active | 22-May-2013 | 00000000 | 00 |
| US-20140349361-A1 | Process for converting biomass to aromatic hydrocarbons | Granted | 22-May-2013 | C10G1/002 | 0 |
Virent Executive Team (19)
Virent Board Members (9)
| Name | Representing | Role | Since |
|---|---|---|---|
| Bradley Bell | Virent | Chairman | 000 0000 |
| John Rice Jr. | Self | Board Member | 000 0000 |
Virent Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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Request a free trialVirent Former Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Advantage Capital (Saint Louis) | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Atrium Capital | 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 |