Essential Queensland Overview
- Founded
-
2017
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$20.4M
- Investors
-
1
Essential Queensland General Information
Description
Operator of a renewable bio-based chemical manufacturing company intended to turn waste pine logs into high-value renewable chemicals. The company manufactures gum rosin and gum turpentine from pine trees, providing customers with highly valued ingredients that replace hydrocarbon sourced materials.
Contact Information
Website
www.essentialqld.com.au
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Multi-line Chemicals
Other Industries
Environmental Services (B2B)
Primary Office
- 345 Kevin Livingston Drive
- Dr Isis Central
- Childers, Queensland 4660
- Australia
Essential Queensland Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 16-Jul-2020 | $20.4M | 00.000 | 000.00 | Completed | Generating Revenue |
| 3. Angel (individual) | 00000 | 00.000 | Completed | Generating Revenue | ||
| 2. Early Stage VC | 01-Jan-2020 | $500K | $1.2M | Completed | Generating Revenue | |
| 1. Early Stage VC | $700K | $700K | Completed | Generating Revenue |
Essential Queensland Executive Team (2)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Grant Yeatman | Co-Founder | ||
| Ken Richards | Chairman |
Essential Queensland Board Members (1)
| Name | Representing | Role | Since |
|---|---|---|---|
| Ken Richards | Self | Chairman | 000 0000 |
Essential Queensland Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Wholesale Investor | Venture Capital | Minority | 000 0000 | 000000 0 |