1PointFive

Houston, United States Founded: 2004 • Age: 22 yrs
Developer of direct air capture technology and geologic sequestration projects
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About 1PointFive

1PointFive is a company based in Houston (United States) founded in 2004 by Jeff Green.. 1PointFive operates in a competitive market with competitors including Desotec and Puragen, among others.

  • Headquarter Houston, United States
  • Founders Jeff Green
  • Sectors
    Environment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $36 M (USD), Grant

    Oct 03, 2024

  • Investors
  • Employee Count
    Employee Count
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People of 1PointFive
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Steve Kelly
President And General Manager, 1pointfive International
People
Deepanshu Kumar
Manager, Co₂ Accounting And Critical Design Review

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Funding Insights of 1PointFive

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $36.0M
  • First Round

    (03 Oct 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2024 Amount Grant - 1PointFive Valuation

investors

DOE
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in 1PointFive

1PointFive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DOE. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Energy sources and policies are managed by the DOE.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by 1PointFive

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - 1PointFive

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

1Pointfive Comparisons

Employees
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Competitors of 1PointFive

1PointFive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Desotec and Puragen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Activated carbon solutions for purification are provided by Desotec.
domain founded_year HQ Location
Activated carbon is manufactured for air and water purification applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on 1Pointfive

Frequently Asked Questions about 1PointFive

When was 1PointFive founded?

1PointFive was founded in 2004 and raised its 1st funding round 20 years after it was founded.

Where is 1PointFive located?

1PointFive is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Who is the current CEO of 1PointFive?

Michael Avery is the current CEO of 1PointFive.

What does 1PointFive do?

Developer of direct air capture technology and geologic sequestration projects. It focuses on removing carbon dioxide from the atmosphere and storing it securely. The company develops large-scale direct air capture facilities. It also creates sequestration hubs for industrial facilities seeking carbon storage solutions.

Who are the top competitors of 1PointFive?

1PointFive's top competitors include Desotec and Puragen.

Who are 1PointFive's investors?

1PointFive has 1 investor. Key investors include DOE.

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