About Newlight Technologies
Newlight Technologies is a Retail company based in Huntington Beach (United States) founded in 2003 by Kenton Kimme and Mark Herrema. Provider of sustainable material using methane-based greenhouse gases. It operates in the Retail, Environment, and Chemicals & Materials sectors. Newlight Technologies has raised $220.21 million across 5 funding rounds from investors including Oxy, Charter Next Generation and GenZero. The company has 149 employees. Its chief executive, as recorded, is Mark Herrema. Its website newlight.com draws about 22 thousand monthly visits. Newlight Technologies offers products and services including AirCarbon and Regenerative Products. Its focus areas include Consumer, Fashion Tech, Innovative Materials and Sustainable Fabrics. Its legal entity is NEWLIGHT TECHNOLOGIES INC. Its competitors include Carbitex, Cemvita and Mango Materials; 2 of its 3 listed competitors have raised funding.
Company details
Newlight Technologies was founded in 2003 in Huntington Beach, United States, and operates in the sustainable materials sector. Methane-based greenhouse gases are converted into a natural biomaterial called PHB through the use of ocean-derived microorganisms. This material is processed by melting and forming it into various products. The companys activities focus on environmental applications within the biotechnology and materials industry.
- Headquarters Huntington Beach, United States
- Employees 149
- Founders Kenton Kimme, Mark Herrema
- SectorsRetailEnvironment Chemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website newlight.com
- Social LinkedIn X Facebook Instagram
- Legal Name Newlight Technologies Inc
- Total Equity Funding$220.21M (USD)
in 5 rounds
- Latest Funding Round$125M (USD), Series F
Aug 2023
- InvestorsOxy
& 4 more
- Employee Count149
Products & Services of Newlight Technologies
Newlight Technologies offers a comprehensive portfolio of products and services, including AirCarbon and Regenerative Products.
Material derived from greenhouse gases for creating reusable, eco-friendly products.
Items made from AirCarbon to reduce environmental impact and pollution.
Funding Insights of Newlight Technologies
Newlight Technologies has successfully raised a total of $220.21M across 5 strategic funding rounds. The most recent funding activity was a Series F round of $125 million completed in August 2023. 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 $220.21M
- Total Rounds 5
- Last Round Series F — $125M
- Investors Count 5
All 5 funding rounds of Newlight Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | $125M | Series F | – | GenZero | |
| Sep 2020 | $45.13M | Series E | – | Valedor Partners | |
| Aug 2018 | $40.81M | Series D | – | – | – |
| Mar 2014 | $9.27M | Series C | – | – | – |
| Oct 2013 | Series B | – | – | – |
5 investors in total: 5 institutional.
Investors in Newlight Technologies
Newlight Technologies has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Oxy, Charter Next Generation and GenZero.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| genzero.co | ||||
| valedorpartners.com | ||||
Investments in multiple sectors are made by Grayarch Partners. | grayarchpartners.com | San Francisco, United States | ||
Integrated petroleum services are provided worldwide by Oxy. | 1920 | oxy.com | Houston, United States | |
Coextruded, barrier, and monolayer films are manufactured for packaging applications. | 1998 | cnginc.com | Milton, United States |
Investor details for Newlight Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Newlight Technologies
34 people are tracked at Newlight Technologies (19 in leadership, 15 in team); the tracked headcount is 149.
| Name | Role | Group |
|---|---|---|
Kenton Kimme | Co-Founder & CTO | Leadership |
Mark Herrema | Co-Founder & CEO | Leadership |
Josh Hlebak | Director Of Engineering | Leadership |
Christian Paluzzi | Associate Director Of Operations | Leadership |
Todd Gasparik | Director Of Business Development | Leadership |
Garrett Sell | Chief Operating Officer | Leadership |
Steven C. Petersen | General Counsel & Chief Intellectual Property Officer | Leadership |
Kenton Kimmel | CTO | Leadership |
Ryan Higgins | Head of National Accounts | Leadership |
Daniel J. Barton | Chief Communications Officer | Leadership |
Noah Hilsenrad | Director of Graphic & Web | Leadership |
Josh Hlebak, P.E. | Director Of Engineering | Leadership |
Mike Giardello | Executive VP & Chief Operating Officer | Leadership |
Michael A. Giardello | Chief Operating Officer | Leadership |
Bassam Hammoud | Associate Director Of Automation And Controls | Leadership |
Benjamin Houriez | Vice President, Resin Sales | Leadership |
Carlos Diaz | Associate Director, Fp&a | Leadership |
Logan Glantz | Director Of Capital Project Automation, Controls, And Systems | Leadership |
Lital Feldman | Vp, People | Leadership |
Rebecca Wood-Daniels | Senior Project Manager | Team |
14 more people are available in the full profile.
Complete people profiles for Newlight Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Newlight Technologies
3 dated milestones of Newlight Technologies across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Newlight Technologies is founded.
- Funding First funding round.
- Funding Latest funding round, Series F, of $125.0M.
Competitors of Newlight Technologies
Newlight Technologies has 3 listed competitors in our database, 2 of them funded. They include Carbitex, Cemvita and Mango Materials.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carbitex.com | 2012 | Kennewick, United States | $23.34M | 43 | Carbon-fibre induced materials are supplied for fashion applications. | |
| cemvita.com | 2017 | Houston, United States | $5M | 62 | Developer of biotechnology that transforms carbon waste into valuable resources | |
| mangomaterials.com | 2010 | Berkeley, United States | 29 | Biodegradable plastics are produced from waste methane by Mango Materials. |
Detailed competitors of Newlight Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
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Web traffic of Newlight Technologies
The website of Newlight Technologies (newlight.com) receives about 21.6K visits a month.
- Monthly visits21.6K
▼ 13.7% vs previous month
Websites whose visitors overlap most with Newlight Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sustainable-carbon.org | sustainable-carbon.org | 100% | #12,628,066 | – | |
| cleantechnica.com | 60% | #61,953 | View details | ||
| c2ccertified.org | 46% | 38.2K | #778,355 | View details |
Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as Newlight Technologies (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Related news about Newlight Technologies
Complete news archive for Newlight Technologies
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Frequently Asked Questions about Newlight Technologies
Newlight Technologies was founded in 2003 and raised its 1st funding round 10 years after it was founded.
Newlight Technologies is headquartered in Huntington Beach, United States. It is registered at Huntington Beach, California, United States.
Mark Herrema is the CEO of Newlight Technologies, as recorded in our data. They have also founded this company.
Newlight Technologies is a funded company, having raised a total of $220.21M across 5 funding rounds to date.
Newlight Technologies has 149 employees.
Newlight Technologies was founded in 2003 in Huntington Beach, United States, and operates in the sustainable materials sector. Methane-based greenhouse gases are converted into a natural biomaterial called PHB through the use of ocean-derived microorganisms. This material is processed by melting and forming it into various products. The companys activities focus on environmental applications within the biotechnology and materials industry.
Newlight Technologies's top competitors include Carbitex, Mango Materials and Cemvita.
Newlight Technologies offers AirCarbon and Regenerative Products.
Newlight Technologies has 5 investors. Key investors include Oxy, Charter Next Generation, GenZero, Valedor Partners, and GRAYARCH PARTNERS.
Newlight Technologies operates through Newlight Technologies Inc.