Chevron Renewable Energy Group

Ames, United States Founded: 2006 • Age: 20 yrs Acquired By Chevron
Biofuels and renewable chemicals are developed for industrial applications.

About Chevron Renewable Energy Group

Chevron Renewable Energy Group is a company based in Ames (United States) founded in 2006 was acquired by Chevron in February 2022. It operates as a Direct-to-Consumer (D2C), and B2B2C. Chevron Renewable Energy Group has raised $296.7 million across 8 funding rounds from investors including Chevron, United States Department of Agriculture and US Renewables Group. Chevron Renewable Energy Group has completed 7 acquisitions, including Amber Resources, Chevron Renewable Energy Group and Chevron Renewable Energy Group. Chevron Renewable Energy Group offers products and services including EnDura Fuels, Biodiesel, and Renewable Diesel.

  • Headquarter Ames, United States
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Chevron
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $296.7 M (USD)

    in 8 rounds

  • Latest Funding Round
    $4.9 M (USD), Grant

    Sep 26, 2011

  • Investors
    Chevron

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Chevron

    (Feb 28, 2022)

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Products & Services of Chevron Renewable Energy Group

Chevron Renewable Energy Group offers a comprehensive portfolio of products and services, including EnDura Fuels, Biodiesel, and Renewable Diesel. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Renewable fuels are offered for lower carbon emissions.

Biodiesel is provided for reducing lifecycle carbon emissions.

Renewable diesel is supplied for sustainable fuel solutions.

People of Chevron Renewable Energy Group
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Cynthia J. Warner
President & Chief Executive Officer
People
Todd Ellis
VP, Sales
People
Gary Spengler
Director, Feedstock
People
Natalie Merrill
SVP, Business Development

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Funding Insights of Chevron Renewable Energy Group

Chevron Renewable Energy Group has successfully raised a total of $296.7M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $4.9 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Grant — $4.9M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2011 Amount Grant - Chevron Renewable Energy Group Valuation

investors

Sep, 2011 Amount Grant - Chevron Renewable Energy Group Valuation

investors

Jul, 2010 Amount Grant - Chevron Renewable Energy Group Valuation

investors

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 Chevron Renewable Energy Group

Chevron Renewable Energy Group has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Chevron, United States Department of Agriculture and US Renewables Group. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Live pet air plants are offered for adoption to children.
Founded Year Domain Location
Leadership is provided on agriculture, food, and rural development matters.
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 Chevron Renewable Energy Group

Chevron Renewable Energy Group has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Amber Resources, Chevron Renewable Energy Group and Chevron Renewable Energy Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Taxi, bus, and real estate services are provided.
2007
Biodiesel producer from used cooking oil
2006
Unblended biodiesel is manufactured by Imperium Renewables in Seattle.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Chevron Renewable Energy Group

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

Chevron Renewable Energy Group Comparisons

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Competitors of Chevron Renewable Energy Group

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 Chevron Renewable Energy Group

Frequently Asked Questions about Chevron Renewable Energy Group

When was Chevron Renewable Energy Group founded?

Chevron Renewable Energy Group was founded in 2006.

Where is Chevron Renewable Energy Group located?

Chevron Renewable Energy Group is headquartered in Ames, United States. It is registered at Ames, Iowa, United States.

Who is the current CEO of Chevron Renewable Energy Group?

Cynthia Warner is the current CEO of Chevron Renewable Energy Group.

Is Chevron Renewable Energy Group a funded company?

Chevron Renewable Energy Group is a funded company, having raised a total of $296.7M across 8 funding rounds to date.

What does Chevron Renewable Energy Group do?

Chevron Renewable Energy Group is engaged in the production and distribution of lower carbon fuels, including biodiesel and renewable diesel. Operations span multiple industries such as agriculture, aviation, construction, and trucking. Solutions are designed to support a lower carbon future through innovative fuel blends, renewable compressed natural gas, and hydrogen. Strategic partnerships and sustainability efforts are emphasized to reduce lifecycle carbon emissions. Facilities and services are provided globally to meet diverse supply chain needs.

What products or services does Chevron Renewable Energy Group offer?

Chevron Renewable Energy Group offers EnDura Fuels, Biodiesel, and Renewable Diesel.

How many acquisitions has Chevron Renewable Energy Group made?

Chevron Renewable Energy Group has made 7 acquisitions, including Amber Resources, Chevron Renewable Energy Group, and Chevron Renewable Energy Group.

Who are Chevron Renewable Energy Group's investors?

Chevron Renewable Energy Group has 4 investors. Key investors include Chevron, United States Department of Agriculture, US Renewables Group, and My Pet Air Plant.

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