Fundz

Newlight Technologies reported raising $271 Million in an initial SEC Form D filing, from an offering of $331 Million

PRIVATEAug 03, 2023$271.2M of $331M raised

Amount Raised

$271 Million

$271 Million sold, per SEC Form D (first sale Jun 30, 2023)

Round Type

Venture

Huntington BeachManufacturing

Quick answer

Newlight raised $271 Million in a funding round, dated June 30, 2023. Newlight is based in Huntington Beach, California, United States.

How much did Newlight raise?
Newlight raised $271 Million in a funding round on June 30, 2023.
What does Newlight do?
Newlight is a biotechnology company producing advanced sustainable materials.
Where is Newlight based and how big is it?
Newlight is based in Huntington Beach, California, United States. Fundz records about 100 employees.
Who are the decision-makers at Newlight?
Fundz holds 2 contacts at Newlight, including the Senior Vice President. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Newlight that raised within 45 days of this round, from Fundz verified event records.

  • Mixlab raised $10M (Series A) on August 14, 2023.
  • Jackpot Digital raised $250K on August 14, 2023.
  • EDAC Labs raised $3M (Seed) on August 14, 2023.
  • Archer Aviation raised $215M (Post-IPO Equity) on August 14, 2023.
  • Altos Radar raised $3.5M (Seed) on August 14, 2023.
  • Olis Robotics raised $4M (Seed) on August 11, 2023.

Who to call at Newlight, and when

A new round usually means Newlight is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Newlight raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Newlight, from your own LinkedIn network

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Company Information

Company

Newlight

Location

14382 Astronautics Lane

Huntington Beach, California, United States

About

Newlight is a biotechnology company producing advanced sustainable materials. Newlight was founded in 2003 with a question: why can’t we use greenhouse gas as a force for good? Over 10 years of research and development, Newlight developed a biotechnological process to harness microorganisms found in the ocean to convert greenhouse gas into a meltable energy material found in all living things: a naturally-occurring, biocompatible material that can be used to make fibers and solid parts, and help reduce the flow of carbon and synthetic plastic into the environment. Following commercialization in 2013, Aircarbon was named “Biomaterial of the Year” by the Nova Institute in 2013, “one of the 100 most technologically significant innovations of the year” by R&D Magazine in 2013, and “Innovation of the Year” by Popular Science in 2014, and received the prestigious EPA Presidential Green Chemistry Challenge award in 2016. Today, Newlight is focused on growth through both internal and licensed production to help fulfill the company's mission: to protect and improve life by accelerating the world’s transition to sustainable, regenerative materials.

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Related People

2 contacts
Verified contactsAdam, Senior Vice President hidden hiddenSee plans and pricing
Predictive Intelligence
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Newlight raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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