About Joule Unlimited
Joule Unlimited is a company based in Bedford (United States) founded in 2007 by George M Church.. Joule Unlimited has raised $190 million across 4 funding rounds from investors including Flagship Pioneering. The company has 60 employees as of December 31, 2022. Joule Unlimited has completed 1 acquisition, including Red Rock Biofuels. Joule Unlimited operates in a competitive market with competitors including Raízen, LanzaTech, Fulcrum Bioenergy, Renmatix and INENTEC, among others.
- Headquarter Bedford, United States
- Employees 60 as on 31 Dec, 2022
- Founders George M Church
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Sectors
EnvironmentEnergy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Joule Unlimited Technologies, 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
$190 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series C
May 11, 2015
- Investors
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Employee Count
60
as on Dec 31, 2022
- Investments & Acquisitions
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Funding Insights of Joule Unlimited
Joule Unlimited has successfully raised a total of $190M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in May 2015. 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 4
- Last Round Series C — $40.0M
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First Round
First Round
(27 Apr 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Series C - Joule Unlimited | Valuation | Flagship Pioneering |
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| Aug, 2013 | Amount | Series C - Joule Unlimited | Valuation | Flagship Pioneering |
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| Jan, 2012 | Amount | Series B - Joule Unlimited | Valuation | Flagship Pioneering |
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| 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 Joule Unlimited
Joule Unlimited has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Flagship Pioneering. 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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Life sciences-focused venture capital firm
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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 Joule Unlimited
Joule Unlimited has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Red Rock Biofuels. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Red Rock Biofuels is focused on producing low-carbon renewable biofuels.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Joule Unlimited
| 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 |
Joule Unlimited Comparisons
Competitors of Joule Unlimited
Joule Unlimited 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 Raízen, LanzaTech, Fulcrum Bioenergy, Renmatix and INENTEC, 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 |
Bioenergy from waste products is produced, including ethanol and biogas.
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| domain | founded_year | HQ Location |
Waste carbon is treated via a bio-processing platform.
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| domain | founded_year | HQ Location |
Ethanol production from municipal solid waste is enabled.
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| domain | founded_year | HQ Location |
Cellulosic sugars are produced from non-food biomass via supercritical hydrolysis.
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| domain | founded_year | HQ Location |
Technology developer for conversion of wastes to energy
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| domain | founded_year | HQ Location |
Provider of waste based biomass to biofuels
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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 Joule Unlimited
Frequently Asked Questions about Joule Unlimited
When was Joule Unlimited founded?
Joule Unlimited was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Joule Unlimited located?
Joule Unlimited is headquartered in Bedford, United States.
Is Joule Unlimited a funded company?
Joule Unlimited is a funded company, having raised a total of $190M across 4 funding rounds to date. The company's 1st funding round was a Series B of $70M, raised on Apr 27, 2010.
How many employees does Joule Unlimited have?
As of Dec 31, 2022, the latest employee count at Joule Unlimited is 60.
What does Joule Unlimited do?
Developer of technology to convert CO2 directly into renewable fuels. The company has developed a photosynthetic technology to produce drop-in fuels in a single-step conversion process using waste carbon dioxide (CO2) feedstock, waste brackish water sunlight and a genetically modified bacterium. The companys CO2-to-fuel production platform converts CO2 directly into renewable fuels, such as ethanol or hydrocarbons for diesel, jet fuel, and gasoline without the use of agricultural land, freshwater, or crops. Its products include Joule Sunflow-E, solar-derived ethanol; and Joule Sunflow-D, a hydrocarbon diesel fuel produced directly from sunlight and waste CO2.
Who are the top competitors of Joule Unlimited?
Joule Unlimited's top competitors include INENTEC, Fulcrum Bioenergy and LanzaTech.
How many acquisitions has Joule Unlimited made?
Joule Unlimited has made 1 acquisition, including Red Rock Biofuels.
Who are Joule Unlimited's investors?
Joule Unlimited has 1 investor. Key investors include Flagship Pioneering.