About Newlight Technologies
Newlight Technologies is a company based in Huntington Beach (United States) founded in 2003 by Kenton Kimme and Mark Herrema. 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 as of December 31, 2022. Newlight Technologies offers products and services including AirCarbon and Regenerative Products. Newlight Technologies operates in a competitive market with competitors including Carbitex, Cemvita, Econic Technologies, Mango Materials and Greenwear, among others.
- Headquarter Huntington Beach, United States
- Employees 149 as on 31 Dec, 2022
- Founders Kenton Kimme, Mark Herrema
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Sectors
RetailEnvironment Chemicals & Materials
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Email
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Phone
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Website
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Social
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- Legal Name Newlight Technologies Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$220.21 M (USD)
in 5 rounds
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Latest Funding Round
$125 M (USD), Series F
Aug 03, 2023
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Investors
Oxy
& 4 more
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Employee Count
149
as on Dec 31, 2022
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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.
People of Newlight Technologies
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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.
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.
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Investments in multiple sectors are made by Grayarch Partners.
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Investor details for Newlight Technologies
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Investments & Acquisitions by Newlight Technologies
Investment portfolio details for Newlight Technologies
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Financial Statements - Newlight Technologies
Detailed financials for Newlight Technologies
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Newlight Technologies Comparisons
Peer comparison for Newlight Technologies
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Competitors of Newlight Technologies
Newlight Technologies 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 Carbitex, Cemvita, Econic Technologies, Mango Materials and Greenwear, among others.
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Carbon-fibre induced materials are supplied for fashion applications.
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Developer of biotechnology that transforms carbon waste into valuable resources
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Technology is developed to convert carbon dioxide into raw materials.
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Biodegradable plastics are produced from waste methane by Mango Materials.
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Operates retail store of apparel wear for women
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Detailed competitors of Newlight Technologies
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Latest news on 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 current CEO of Newlight Technologies. 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.
As of Dec 31, 2022, the latest employee count at Newlight Technologies is 149.
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 Econic Technologies, Carbitex and Mango Materials.
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.