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Akermin

Akermin
2003 FOUNDED
OOB STATUS
11-20 EMPLOYEES
Out of Business LATEST DEAL TYPE
Description

Developer of a novel system to remove carbon dioxide from industrial gases, using biocatalysts and nanotechnology. The company uses a multi-disciplined approach to integrate enzymes within proprietary delivery systems that can be incorporated into conventional processes for CO2 removal using chemical absorption.

Website
Ownership Status
Out of Business
Financing Status
Formerly VC-Backed
Primary Industry
Environmental Services (B2B)
Other Industries
Other Commercial Services
Primary Office
1005 North Warson Road
Suite 101
Saint Louis, MO 63132
United States

+1 (314) 000-0000
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Akermin Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Out of Business 01-Feb-2016 000.00 Completed Out of Business
10. Grant 28-Apr-2014 00.00 000.00 Completed Generating Revenue
9. Grant 21-Oct-2013 000 000.00 Completed Generating Revenue
8. Later Stage VC 16-Jan-2013 00.00 000.00 Completed Generating Revenue
7. Later Stage VC 05-Jan-2011 00.000 000.00 Completed Generating Revenue
6. Grant 15-Aug-2010 00.00 000.00 Completed Generating Revenue
5. Early Stage VC (Series B) 26-Jan-2010 0000 000.00 000.00 Completed Generating Revenue
4. Convertible Debt 17-Dec-2008 00.000 00.00 Completed Startup
3. Early Stage VC (Series A) 12-Nov-2007 00.00 00.000 000.00 Completed Startup
2. Early Stage VC (Series A) 01-Oct-2005 $236K Completed Startup
1. Seed Round 01-Jan-2004 $236K $236K Completed Startup
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Akermin Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B2 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series B1 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A 18,835,602 $0.005000 8% $0.42 $0.42 1x $0.42 13.94%
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Akermin Executive Team (9)

Name Title Board
Seat
Contact
Info
Price Blackwell III Chief Executive Officer, President & Board Member
Alex Zaks Ph.D Chief Technology Officer, President and Board Member
John Reardon Director of Engineering
Donna Schnieders Director of Finance

5 Former Executives

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