About Verenium
Verenium is a company based in San Diego (United States) founded in 1992, and was acquired by BASF in September 2013. Cellulosic ethanol is produced from diverse biomass feedstocks. Verenium has raised $103.71 million across 10 funding rounds from investors including bp, BASF and DOE. The company has 13,152 employees.
Company details
Verenium was founded in 1992 and is headquartered in San Diego, United States, within the biofuel sector. Integrated processes for pre-treatment, enzyme development, fermentation, and engineering are applied to commercialize cellulosic ethanol from feedstocks including sugarcane bagasse, energy crops, agricultural waste, and wood products. Industrial applications for products based on low-cost biomass-derived sugars are also explored across various scales.
- Headquarters San Diego, United States
- Employees 13,152
- Stage Acquired
- Website verenium.com
- Social LinkedIn X
- Acquired by BASF (Sep 2013)
Funding Insights of Verenium
Verenium has successfully raised a total of $103.71M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $22.5 million completed in December 2012. 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 $103.71M
- Total Rounds 10
- Last Round Debt – Conventional — $22.5M
- First Round $4.85M
(Sep 2007)
- Investors Count 4
All 10 funding rounds of Verenium 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 |
|---|---|---|---|---|---|
| Dec 2012 | $22.5M | Debt – Conventional | – | – | |
| Apr 2011 | Grant | – | – | ||
| Jun 2010 | $8.5M | Grant | – | – | |
| Apr 2010 | $4.9M | Grant | – | – | |
| Apr 2010 | $14.9M | Grant | – | – | |
| Oct 2009 | $13.71M | Series C | – | – | – |
| Jul 2009 | $5.34M | Grant | – | – | |
| Sep 2008 | $8.5M | Grant | – | – | |
| Aug 2008 | $90M | Series C | – | BP Ventures | – |
| Sep 2007 | $4.85M | Grant | – | – |
5 investors in total: 5 institutional.
Investors in Verenium
Verenium has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include bp, BASF and DOE.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity investments are managed by the firm. | athyrium.com | New York, United States | ||
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | ||
bp is recognized as a global energy company. | 1909 | bp.com | United States | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States | ||
Chemicals and related products are produced and marketed globally. | 1865 | basf.com | Florham Park, United States |
Investor details for Verenium
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Verenium
4 dated milestones of Verenium across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Verenium is founded.
- Funding First funding round of $4.9M.
- Funding Latest funding round, Debt – Conventional, of $22.5M.
- Exit Acquired by BASF.
Web traffic of Verenium
Websites that share an audience with Verenium (verenium.com).
Websites whose visitors overlap most with Verenium. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| viridityenergy.com | 100% | View details | |||
| enerkem.com | 100% | 5.8K | #3,506,503 | View details | |
| stion.com | 100% | View details | |||
enernoc.com | enernoc.com | 100% | – | ||
solazyme.com | solazyme.com | 100% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Verenium
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Verenium
Verenium was founded in 1992 and raised its 1st funding round 15 years after it was founded.
Verenium is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Verenium is a funded company, having raised a total of $103.71M across 10 funding rounds to date. The company's 1st funding round was a Grant of $4.85M, raised on Sep 2007.
Verenium has 13,152 employees.
Verenium was founded in 1992 and is headquartered in San Diego, United States, within the biofuel sector. Integrated processes for pre-treatment, enzyme development, fermentation, and engineering are applied to commercialize cellulosic ethanol from feedstocks including sugarcane bagasse, energy crops, agricultural waste, and wood products. Industrial applications for products based on low-cost biomass-derived sugars are also explored across various scales.
Verenium has 5 investors. Key investors include bp, BASF, DOE, Athyrium Capital Management, and OSTI.GOV.
Yes. Verenium was acquired by BASF in September 2013.