Tech Company Financing Transactions
Fulcrum Bioenergy Funding Round
Fulcrum Bioenergy, based in Pleasanton, scored investment capital from Cathay Innovation.
Transaction Overview
Company Name
Announced On
8/11/2014
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
Cathay Pacific has also negotiated a long-term supply agreement with Fulcrum for an initial 375 million US gallons of sustainable aviation fuel over 10 years (representing on an annual basis approximately 2% of the airline's current fuel consumption) that meets all the airline's technical requirements and specifications. Fulcrum plans to commence construction of its first commercial plant later this year and to build large scale, waste-to-renewable jet fuel plants at multiple locations, including locations strategic to the Cathay Pacific network, primarily in North America.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
4900 Hopyard Rd. 220
Pleasanton, CA 94588
USA
Pleasanton, CA 94588
USA
Phone
Website
Email Address
Overview
Fulcrum converts household garbage into low-carbon transportation fuels, including jet fuel, diesel and ethanol.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Macias
Chief Financial Officer
Eric Pryor
VP - Administration
Richard Barraza
VP - Engineering
Lewis Rich
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