When was Newlight Technologies founded?

Newlight Technologies was founded in 2003.

Where is Newlight Technologies located?

Newlight Technologies is located in Huntington Beach, United States .

Who is the current CEO of Newlight Technologies?

Mark Herrema is the current CEO of Newlight Technologies.

How many employees does Newlight Technologies have?

Newlight Technologies has 149 employees as of Dec 31, 2022.

Is Newlight Technologies a funded company?

Newlight Technologies is a funded company, its first funding round was on Oct 15, 2013.

When was the latest funding round of Newlight Technologies?

Newlight Technologies's latest funding round was on Aug 03, 2023.

Where does Newlight Technologies rank among its competitors?

Newlight Technologies ranks 1 amongst 7 active competitors.

Who are the top competitors of Newlight Technologies?

Newlight Technologies' top competitors are Rubi, Carbitex and Mango Materials.

Newlight Technologies - 2025 Company Profile, Team, Funding & Competitors

Newlight Technologies is a series F company based in Huntington Beach (United States), founded in 2003 by and . It operates as a Provider of sustainable material using methane-based greenhouse gases. Newlight Technologies has raised $220M in funding from Valedor Partners and GenZero. The company has 7 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Rubi, Carbitex and Mango Materials.

Company Details

Provider of sustainable material using methane-based greenhouse gases. It uses microorganisms found in the ocean to convert air and greenhouse gas into a natural biomaterial that can be melted and formed into products. The sustainable fabric is made from PHB.

Website
Social
Email ID: @newlight.com
Phone Number: +1

Key Metrics

Founded Year

2003

Location

Huntington Beach, United States

Stage

Series F

Total Funding

in 5 rounds

Latest Funding Round

Investors

Valedor Partners & 6 more

Ranked

1^st among

Employee Count

as on Dec 31, 2022

Similar Companies

Rubi &

Newlight Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CIN: 820601919 United States, Active	Feb 21, 2017	-	149 (as on Dec 31, 2022)	-

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Newlight Technologies has raised a total funding of $220M over 5 rounds. Its first funding round was on Oct 15, 2013. Its latest funding round was a Series F round on Aug 03, 2023 for $125M. 3 investors participated in its latest round, lead by GenZero.

Newlight Technologies has 7 institutional investors including Valedor Partners, GenZero and .

Here is the list of recent funding rounds of Newlight Technologies:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Aug 03, 2023	$125M	Series F	3925731	5358952	GenZero, Oxy, and
Sep 22, 2020	$45.1M	Series E	4324584	2272474	Valedor Partners, GRAYARCH PARTNERS
Aug 17, 2018	$40.8M	Series D	2149444	4456143	-

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View details of Newlight Technologies's funding rounds and investors

The founders of Newlight Technologies are and . is the CEO of Newlight Technologies.

Here are the details of Newlight Technologies' key team members:

: Co-Founder & CEO of Newlight Technologies.
: Co-Founder & CTO of Newlight Technologies.

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Newlight Technologies' employee count trend

Newlight Technologies has 149 employees as of Dec 22. The total employee count is 104.0% more than what it was in Dec 21. Here is Newlight Technologies's employee count trend over the years:

Employee count trend for Newlight Technologies

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Top competitors of Newlight Technologies include Rubi, Carbitex and Mango Materials. Here is the list of Top 10 competitors of Newlight Technologies, ranked by 秘密研究所 score:

Overall Rank	Company Details	Short Description	Total Funding	Investors	秘密研究所 Score
1st	2003, Huntington Beach (United States), Series F	Provider of sustainable material using methane-based greenhouse gases	$220M	TPG, GRAYARCH PARTNERS听&补尘辫;听	57/100
2nd	Rubi 2020, San Francisco (United States), Seed	Provide natural textile made from carbon emissions	$18.6M	Collab Fund, National Science Foundation听&补尘辫;听	54/100
3rd	Carbitex 2012, Kennewick (United States), Series C	Provider of carbon-fibre induced materials for the fashion industry	$28M	Lucas Venture Group, Trilogy Equity Partners听&补尘辫;听	53/100
4th	Mango Materials 2010, Berkeley (United States), Seed	Manufacturer of biodegradable plastics using waste	-	Global Brain, Collab Fund听&补尘辫;听	41/100
5th	PrimaLoft 1983, Latham (United States), Acquired	Developer of sustainable fabrics from carbon waste	-	-	33/100
6th	Mars Materials 2021, Oakland (United States), Seed	Developer of carbon-negative materials using captured CO2. It commercializes technology to produce carbon-negative acrylonitrile, a building block for carbon fiber used in various products. This process utilizes captured CO2, water, electricity, and low-carbon ammonia, aiming to decarbonize carbon-intensive industries. The company's focus is on creating alternative materials that act as carbon sinks within product supply chains. Its ultimate goal is to make using its technologies more cost-effective than polluting processes.	$660K	Urban Future Lab, Climate Capital听&补尘辫;听	25/100
7th	Dama 2021, Denver (United States), Unfunded	Online platform offering carbon capture solution	-	-	18/100