Planet Found Energy Development

Pocomoke City, United States Founded: 2011 • Age: 15 yrs Acquired By Chesapeake Utilities
Manufacturer and supplier of biogas plant to convert poultry litter to electricity and heat
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About Planet Found Energy Development

Planet Found Energy Development is a company based in Pocomoke City (United States) founded in 2011 was acquired by Chesapeake Utilities in November 2022.. Planet Found Energy Development has raised $1.04 million across 4 funding rounds from investors including Maryland.gov and Chesapeake Utilities. Planet Found Energy Development operates in a competitive market with competitors including Anaergia, Stormfisher, PittMoss, SEaB and CalBio, among others.

  • Headquarter Pocomoke City, United States
  • Sectors
    Environment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.04 M (USD)

    in 4 rounds

  • Latest Funding Round
    $360 K (USD), Seed

    Jul 25, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Chesapeake Utilities

    (Nov 07, 2022)

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Funding Insights of Planet Found Energy Development

Planet Found Energy Development has successfully raised a total of $1.04M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $360 thousand completed in July 2019. 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 4
  • Last Round Seed — $360,000
  • First Round

    (13 Aug 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Seed - Planet Found Energy Development Valuation

investors

Dec, 2016 Amount Seed - Planet Found Energy Development Valuation

investors

Aug, 2014 Amount Grant - Planet Found Energy Development 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

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Investors in Planet Found Energy Development

Planet Found Energy Development has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Maryland.gov and Chesapeake Utilities. 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
Institutional
Investor Description Founded Year Domain Location
Access to government programs and development services is facilitated.
Founded Year Domain Location
Electricity is supplied by Chesapeake Utilities in the United States.
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 Planet Found Energy Development

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

Financial Statements - Planet Found Energy Development

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

Planet Found Energy Development Comparisons

Employees
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Competitors of Planet Found Energy Development

Planet Found Energy Development 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 Anaergia, Stormfisher, PittMoss, SEaB and CalBio, 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
Organic waste is converted into renewable fuels through specialized services.
domain founded_year HQ Location
Organic waste, energy, and water recycling services are provided globally.
domain founded_year HQ Location
Eco-friendly peat moss substitute is made from recycled paper.
domain founded_year HQ Location
Energy from micro waste is developed via anaerobic digestion technology.
domain founded_year HQ Location
Bio-gas digester projects are developed alongside waste treatment services.
domain founded_year HQ Location
Organic waste management solutions are provided for sustainable processing.
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 Planet Found Energy Development

Frequently Asked Questions about Planet Found Energy Development

When was Planet Found Energy Development founded?

Planet Found Energy Development was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Where is Planet Found Energy Development located?

Planet Found Energy Development is headquartered in Pocomoke City, United States. It is registered at Pocomoke City, Maryland, United States.

Is Planet Found Energy Development a funded company?

Planet Found Energy Development is a funded company, having raised a total of $1.04M across 4 funding rounds to date.

What does Planet Found Energy Development do?

Planet Found Energy Development was founded in 2011 in Pocomoke City, United States. Biogas plants are produced and distributed by the company within the renewable energy sector. Poultry litter is processed through these installations to generate electricity and heat, supporting waste-to-energy operations in agricultural environments. Focus is placed on sustainable solutions for biomass conversion, with activities centered in the United States.

Who are the top competitors of Planet Found Energy Development?

Planet Found Energy Development's top competitors include Stormfisher, Tamar Energy and Anaergia.

Who are Planet Found Energy Development's investors?

Planet Found Energy Development has 2 investors. Key investors include Maryland.gov, and Chesapeake Utilities.

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