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Joule Unlimited

Joule Unlimited
Out of Business LATEST DEAL TYPE

Producer of infrastructure-compatible fuels designed to use solar energy to convert waste carbon dioxide directly into sustainable fuels. The company's infrastructure-compatible fuels offer a CO2-to-fuel production platform for renewable fuel and chemical production using photosynthetic micro-organisms as living catalysts to produce fuel, enabling businesses to recycle greenhouse gases into hydrocarbon fuels.

Formerly Known As
Joule Biotechnologies
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Other Energy Services
Energy Production
Primary Office
18 Crosby Drive
Bedford, MA 01730
United States
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Joule Unlimited Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Out of Business 07-Sep-2017 $200M Completed Out of Business
8. Merger of Equals 12-Nov-2015 Cancelled Generating Revenue
7. Later Stage VC 11-May-2015 0000 00000 Completed Generating Revenue
6. Senior Debt, Secured 31-Mar-2015 0000 00000 Completed Generating Revenue
5. Later Stage VC 20-Aug-2013 0000 00000 Completed Generating Revenue
4. Later Stage VC (Series C) 17-Jan-2012 0000 00000 Completed Startup
3. Early Stage VC (Series B) 27-Apr-2010 000.00 0000 00000 Completed Startup
2. Early Stage VC (Series A) 30-Jun-2009 $11.6M $11.6M $17.4M Completed Startup
1. Seed Round 01-Jan-2007 Completed Startup
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Joule Unlimited Cap Table

Stock # of Shares
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
% Owned
Series B 00,000,000 00.000000 00 00.0 00.0 00 00.0 00.000
Series A 00,000,000 00.000000 00 00.0 00.0 00 00.0 00.000
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Joule Unlimited Executive Team (7)

Name Title Board
Jeff Manternach Chief Financial Officer
Raffi Mardirosian Vice President of Corporate Development
Frank Hillery Vice President of Finance
Scott Friends Vice President of Operations
Terry Kulesa President
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Joule Unlimited Board Members (12)

Name Representing Role Since Contact
Anatoly Chubays Ph.D Rusnano Board Member 000 0000
Aram Grigorian Joule Unlimited Vice Chairman 000 0000
Bill Brady Self Board Member 000 0000
Caroline Dorsa Self Board Member 000 0000
Graham Allison Ph.D Self Board Member 000 0000

3 Former Board Members

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