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Sapphire Energy

Sapphire Energy
2007 FOUNDED
PRIVATE STATUS
51-200 EMPLOYEES
Later Stage VC LATEST DEAL TYPE
$92M LATEST DEAL AMOUNT
$392M TOTAL AMOUNT RAISED
Description

Provider of a technology platform intended to provide customers with renewable energy. The company's technology platform uses non-potable water, such as seawater and non-arable land to grow algae that captures CO2 in open ponds and provides with renewable energy, enabling people to improve their lives and make the planet more sustainable.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Energy Production
Other Industries
Alternative Energy Equipment
Primary Office
3115 Merryfield Row
San Diego, CA 92121
United States

+1 (858) 768-4700
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Sapphire Energy Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 15-Dec-2015 $92M $392M Completed Generating Revenue
7. Grant 02-Aug-2013 000 00000 Completed Generating Revenue
6. Later Stage VC (Series C) 02-Apr-2012 00000 00000 000 Completed Generating Revenue
5. Loan 01-Jan-2009 000.00 00000 Completed Startup
4. Grant 01-Jan-2009 0000 00000 Completed Startup
3. Early Stage VC (Series B) 17-Sep-2008 0000 00000 00000 Completed Startup
2. Early Stage VC (Series B) 28-May-2008 $50M $52M $180M Completed Startup
1. Early Stage VC (Series A) 28-Jun-2007 $2.02M $2.02M $4.4M Completed Startup
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Sapphire Energy Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series C3 0,000,000 00.000000 00.00 00.0 000.0 00.0 0.000
Series C2 00,000,000 00.000000 00.00 00.0 00.0 00.0 00.000
Series B 59,644,470 $0.000200 $0.15 $1.85 $1.85 $1.85 43.54%
Series A 32,451,895 $0.000200 $0 $0.06 $0.06 $0.06 23.69%
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Sapphire Energy Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
ARCH Venture Partners Venture Capital Minority 000 0000 000000 0
ArrowMark Partners Asset Manager Minority 000 0000 000000 0
Bezos Expeditions Family Office Minority 000 0000 000000 0
Black Point Group Growth/Expansion Minority 000 0000 000000 0
Bock Family Ventures Venture Capital Minority 000 0000 000000 0
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Sapphire Energy Executive Team (9)

Name Title Board
Seat
Contact
Info
Jeffrey Webster Chief Operating Officer
Benjamin Saydah Director, Algae Conversion and Oil Upgrading
Steve Briggs Ph.D Co-Founder
Stephen Mayfield Co-Founder and Member of the Scientific Advisory Board
James Astwood Ph.D Senior Vice President, Product Management
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Sapphire Energy Board Members (7)

Name Representing Role Since Contact
Info
Cynthia Warner Self Chairman 000 0000
David Shaw Black Point Group Board Member 000 0000
Nathaniel David Ph.D Self Co-Founder & Board Member 000 0000
Robert Nelsen ARCH Venture Partners Board Member 000 0000
Robert Shapiro JD Self Board Member 000 0000

1 Former Board Members

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