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Sapphire Energy

San Diego, California, United Statessapphirebattery.ca ↗

Ownership: Private
Employees: ~150
Development stage: Commercial

Overview

Sapphire Energy developed and demonstrated a proprietary biotechnology platform to produce renewable "Green Crude" oil from algae at commercial scale. The company operated the world's first commercial demonstration algae-to-energy facility and produced barrels of crude oil year-round. It raised over $426 million in funding but ultimately sold its assets; it is no longer active as an independent company.

Industry: Non-Drug Biotech

Partnerships

Monsanto Growth VenturesThe Linde GroupInstitute for Systems Biology

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