Tech Company Financing Transactions
Sundrop Fuels Funding Round
Sundrop Fuels closed a $155 million funding round on 7/11/2011. Investors included Chesapeake Energy and Oak Investment Partners.
Transaction Overview
Company Name
Announced On
7/11/2011
Transaction Type
Venture Equity
Amount
$155,000,000
Round
Undisclosed
Investors
Chesapeake Energy (Aubrey McClendon)
Oak Investment Partners (Bandel Carano)
Proceeds Purpose
Enabling Sundrop Fuels to expand operations and begin construction of a commercial demonstration facility to produce biobased "green gasoline" made from cellulosic material.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
2410 Trade Centre Ave. A
Longmont, CO 80503
USA
Longmont, CO 80503
USA
Phone
Website
Email Address
Overview
The company's propriatery high-temperature radiant particle reactor turns virtually any kind of cellulosic material into ultra-clean, affordable biobased "green gasoline" or other transportation fuel for direct use in today's automobiles, diesel engines and aircraft.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wayne Simmons
Chief Financial Officer
Jay Corn
Chief Technical Officer
Douglas Jack
Vice President
Perry Smith
VP - Engineering
Renus Kelfkens
VP - Operations
Keith Gockenbach
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