Last deal

$25M

Amount

Series C

Stage

26.07.2013

Date

3

all rounds

$48.9M

Total amount

General

About Company
Ciris Energy is a tech platform that converts buried coal and other hydrocarbon deposits into electricity.

Industry

Sector :

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founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

The Colorado-based company, founded in 2007, has developed proprietary technologies that biologically convert coal to methane in large-scale quantities, producing natural gas from coal in a more environmentally responsible and economically efficient way than other methods. Their ESBCTM technology uses microbial bioconversion of carbon using low-cost biomass and a patented process to produce natural chemicals, resulting in multiple issued and pending patents worldwide. The team of dedicated scientists and engineers at Ciris Energy is committed to creating breakthrough proprietary technologies that provide renewable energy solutions.
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