About Cool Planet
Cool Planet is a company based in Camarillo (United States) founded in 2009 was acquired by National Carbon Technologies in June 2020.. Cool Planet has raised $182.57 million across 10 funding rounds from investors including Goldman Sachs, bp and UBS. The company has 29 employees as of December 31, 2022. Cool Planet operates in a competitive market with competitors including LanzaTech, Carbo Culture, Novocarbo, Electrochaea and Standard Biocarbon, among others.
- Headquarter Camarillo, United States
- Employees 29 as on 31 Dec, 2022
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Sectors
AgricultureEnvironment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cool Planet Energy Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$182.57 M (USD)
in 10 rounds
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Latest Funding Round
$20.3 M (USD), Series E
Jul 25, 2018
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Investors
Goldman Sachs
& 13 more
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Employee Count
29
as on Dec 31, 2022
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Acquired by
National Carbon Technologies
(Jun 16, 2020)
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Funding Insights of Cool Planet
Cool Planet has successfully raised a total of $182.57M across 10 strategic funding rounds. The most recent funding activity was a Series E round of $20.3 million completed in July 2018. 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 Funding
- Total Rounds 10
- Last Round Series E — $20.3M
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First Round
First Round
(25 Nov 2009)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series E - Cool Planet | Valuation | North Bridge Venture Partners , Agustín Coppel |
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| Mar, 2017 | Amount | Series E - Cool Planet | Valuation |
investors |
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| Sep, 2016 | Amount | Series E - Cool Planet | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cool Planet
Cool Planet has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Goldman Sachs, bp and UBS. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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US focused seed to growth stage VC firm
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Founded Year | Domain | Location | |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Energy technology companies are supported through strategic investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cool Planet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cool Planet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cool Planet Comparisons
Competitors of Cool Planet
Cool Planet 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 LanzaTech, Carbo Culture, Novocarbo, Electrochaea and Standard Biocarbon, 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.
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Waste carbon is treated via a bio-processing platform.
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Producer and supplier of biochar
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Provider of biochar production, carbon removal, and green energy solutions
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Electric power and carbon dioxide are converted to renewable methane.
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High-carbon biochar is manufactured for soil, remediation, and landscaping uses.
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Developer of mobile biochar production technology
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cool Planet
Frequently Asked Questions about Cool Planet
When was Cool Planet founded?
Cool Planet was founded in 2009.
Where is Cool Planet located?
Cool Planet is headquartered in Camarillo, United States. It is registered at Camarillo, California, United States.
Is Cool Planet a funded company?
Cool Planet is a funded company, having raised a total of $182.57M across 10 funding rounds to date. The company's 1st funding round was a Series E of $9M, raised on Nov 25, 2009.
How many employees does Cool Planet have?
As of Dec 31, 2022, the latest employee count at Cool Planet is 29.
What does Cool Planet do?
Founded in 2009 and based in Camarillo, United States, Cool Planet operates in the renewable energy sector. A thermo-mechanical process combined with proprietary catalysts is employed to transform biomass from non-food sources into hydrocarbon fuels and biocarbon. Green gasoline is produced, enabling carbon capture from the air, while a solid biocarbon product known as CoolTerra is generated for applications such as soil enhancement to improve water and nutrient retention.
Who are the top competitors of Cool Planet?
Cool Planet's top competitors include Applied Carbon, LanzaTech and Electrochaea.
Who are Cool Planet's investors?
Cool Planet has 14 investors. Key investors include Goldman Sachs, bp, UBS, ConocoPhillips, and NRG Energy.
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