United States · Oil & energy startup

Joule Unlimited Technologies, Inc.

Joule Unlimited Technologies, Inc., founded in 2007 in Bedford, Massachusetts, was a biotechnology and alternative energy company focused on clean technology and sustainability.

Funding reportedLast round: Private equity

Oil & energyBedford, United States

About Joule Unlimited Technologies, Inc.

Joule Unlimited Technologies, Inc., founded in 2007 in Bedford, Massachusetts, was a biotechnology and alternative energy company focused on clean technology and sustainability.

The company developed a CO2-to-fuel production platform that utilized solar energy to convert waste CO2 into renewable fuels, including ethanol and hydrocarbons for diesel, jet fuel, and gasoline. Joule's innovative process required no agricultural land or fresh water, making it a unique solution in the renewable energy sector. Throughout its operations, Joule raised significant funding and formed partnerships, including a collaboration with Audi to commercialize its e-ethanol and e-diesel fuels. The company achieved notable milestones, such as U.S. EPA registration for its CO2-recycled ethanol in 2015. Despite its advancements, Joule ceased operations in 2017 due to challenges in securing additional funding.

What company datasets say Joule Unlimited Technologies, Inc. raised

Funding, as reported

Reported in all$225Min dollars
Rounds5
Last roundPrivate equity
Last round size$40M
Last round dateMay 2015
Investors listed2

The company, in detail

What they build

Known for

clean energy & technologyenvironmental servicesbiotechnologyrenewable energiesrenewables & environmentclean energyclean technologysynthetic biologylife sciences

Sector
Oil & energy
Industry code
NAICS 541714, 325193
Region
Massachusetts
Revenue
$50M a year, as listed
Full record
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Oil & energy in United States

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