World Energy

Boston, United States Founded: 2011 • Age: 15 yrs
Sustainable biofuels and carbon offsets are provided for emissions reduction.
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About World Energy

World Energy is a company based in Boston (United States) founded in 2011.. World Energy has raised $4.44 million across 3 funding rounds from investors including State of California and United States Department of Agriculture. World Energy has completed 1 acquisition, including AltAir Fuels. World Energy offers products and services including Sustainable Aviation Fuel and Green Hydrogen.

  • Headquarter Boston, United States
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name World Energy, Llc
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.44 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2 M (USD), Grant

    May 02, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of World Energy

World Energy offers a comprehensive portfolio of products and services, including Sustainable Aviation Fuel and Green Hydrogen. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Sustainable aviation fuel is produced by World Energy to lower emissions in the aviation sector while supporting domestic energy production.

Green hydrogen is developed by World Energy as part of innovative solutions for industries like shipping and steel to achieve emissions reductions.

People of World Energy
Headcount 200-500
Employee Profiles 24
Employee Profiles
People
Thomas Wong
Human Resources Manager
People
Kamila Haramule
Executive Assistant to CEO / Office Manager
People
Barbara M. Kenney, MBA, M.S., CHRO
Head of Human Resources and Culture
People
Gene Gebolys
President, CEO

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Funding Insights of World Energy

World Energy has successfully raised a total of $4.44M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2 million completed in May 2022. 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 3
  • Last Round Grant — $2.0M
  • First Round

    (29 Jun 2012)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Grant - World Energy Valuation

investors

Feb, 2014 Amount Seed - World Energy Valuation

investors

Jun, 2012 Amount Grant - World Energy 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

investors

Investors in World Energy

World Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include State of California and United States Department of Agriculture. 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 provided.
Founded Year Domain Location
-
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 World Energy

World Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AltAir Fuels. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Sustainable aviation fuels are produced from renewable biomass.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - World Energy

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

World Energy Comparisons

Employees
+
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Competitors of World Energy

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 World Energy

Frequently Asked Questions about World Energy

When was World Energy founded?

World Energy was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is World Energy located?

World Energy is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is World Energy a funded company?

World Energy is a funded company, having raised a total of $4.44M across 3 funding rounds to date. The company's 1st funding round was a Grant of $18.26K, raised on Jun 29, 2012.

What does World Energy do?

World Energy was founded in 2011 and is headquartered in Boston, United States. Operations focus on the sustainable energy sector, where sustainable aviation fuel, renewable diesel, and renewable naphtha are developed and supplied. Book-and-claim solutions are offered to support verified emissions reductions across industries such as aviation, shipping, and steel, without requiring physical fuel delivery. Transparent and traceable carbon accounting methodologies are utilized to maintain credibility in these services.

What products or services does World Energy offer?

World Energy offers Sustainable Aviation Fuel and Green Hydrogen.

How many acquisitions has World Energy made?

World Energy has made 1 acquisition, including AltAir Fuels.

Who are World Energy's investors?

World Energy has 2 investors. Key investors include State of California, and United States Department of Agriculture.

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