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Foro Energy

Foro Energy
2009 FOUNDED
PRIVATE STATUS
11-50 EMPLOYEES
Early Stage VC LATEST DEAL TYPE
$8M LATEST DEAL AMOUNT
$8M TOTAL AMOUNT RAISED
Description

Developer of high power lasers designed to cater the needs of oil, natural gas, geothermal, and mining industries. The company's high power lasers are made by using technology to open access of the geothermal energy in deep, hard basement rock and offers capability and hardware platform to transmit over long distance fiber optic cables, enabling clients to drill, complete and work-over wells.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Fiberoptic Equipment
Other Industries
Alternative Energy Equipment
Primary Office
5506 Clara Road
Houston, TX 77041
United States

+1 (713) 456-3330
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Foro Energy Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Early Stage VC 31-Dec-2012 $8M $8M Completed Profitable
1. Grant 01-Oct-2010 00.00 Completed Profitable
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Foro Energy Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Chevron Technology Ventures Corporate Venture Capital Minority 000 0000 000000 0
ConocoPhillips Technology Ventures Corporate Venture Capital Minority 000 0000 000000 0
Energy Technology Ventures Venture Capital Minority 000 0000 000000 0
Formation 8 Venture Capital Minority 000 0000 000000 0
GE Ventures Corporate Venture Capital Minority 000 0000 000000 0
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Foro Energy Executive Team (4)

Name Title Board
Seat
Contact
Info
Paul Deutch President, Chief Executive Officer & Board Member
David Boersma Chief Financial Officer
Brian Faircloth Chief Technology Officer
Danny Wolfe Senior Vice President, Engineering

Foro Energy Board Members (9)

Name Representing Role Since Contact
Info
Alexei Beltyukov Ph.D Self Board Observer 000 0000
Carmichael Roberts Ph.D North Bridge Venture Partners Board Member 000 0000
Faysal Sohail Presidio Partners Board Member 000 0000
Jeffrey Harris Self Board Member 000 0000
John Yearwood Self Chairman 000 0000

1 Former Board Members

You’re viewing 5 of 9 board members. Get the full list »