Fundraising Fox

Newlight

Huntington Beach, US · Founded 2003 · 100 employees on LinkedIn · 1 known investors

Newlight uses ocean microorganisms to convert air and methane-based greenhouse gas into PHB, a biodegradable material it calls AirCarbon that can be molded into shapes, fibers, and sheets. The company applies this technology to produce materials aimed at addressing plastic pollution and climate change.

Founders & leadership

Newlight was founded in 2003 by Markus Herrema.

MH
Markus HerremaFounder
EC
Evan CreelmanChief Operations Officer of the Issuer
KK
Kenton KimmelNamed on SEC filing
ER
Evan R. CreelmanChief Operations Officer of the Issuer
MD
Markus D. HerremaChief Executive Officer and a Manager of the Issuer

Investors · 1

Reported raises · per SEC filings

Form D private placements

$366.4M disclosed across 4 rounds · 2012–2023

$271.2MraisedAug 2023 · 172 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Cornelis LinseDirector
  • Markus HerremaExecutive Officer, Director
  • John DalyDirector
  • May LiewDirector
  • Eric OlsonDirector
  • Kenton KimmelExecutive Officer, Director
Offering amount
$331M
Amount sold
$271.2M
Sales commissions
$905K
Placement agents
The Benchmark Company, LLC, Tangent Capital Partners, LLC
First sale
Jun 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$45.1MraisedSep 2020 · 114 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Markus HerremaExecutive Officer, Director
  • Kenton KimmelExecutive Officer, Director
Offering amount
$50M
Amount sold
$45.1M
Sales commissions
$1.9M
Placement agents
Rosenblatt Securities Inc.
First sale
Aug 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$40.8MraisedAug 2018 · 173 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Kenton KimmelExecutive Officer, Director
  • Markus HerremaExecutive Officer, Director
  • Evan CreelmanExecutive Officer
Offering amount
$40.8M
Amount sold
$40.8M
Minimum investment
$30K
First sale
Feb 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.3MraisedMar 2014 · 60 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Evan R. CreelmanExecutive Officer
  • Markus D. HerremaExecutive Officer, Director
  • Kenton KimmelExecutive Officer, Director
Offering amount
$9.3M
Amount sold
$9.3M
Minimum investment
$10K
First sale
Nov 2012
Incorporated
Limited Liability Company, California
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Newlight went on to found or lead other companies.

Competitors · 4

by search overlap

Companies competing with Newlight for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Newlight do?
Newlight uses ocean microorganisms to convert air and methane-based greenhouse gas into PHB, a biodegradable material it calls AirCarbon that can be molded into shapes, fibers, and sheets. The company applies this technology to produce materials aimed at addressing plastic pollution and climate change.
Who founded Newlight?
Newlight was founded by Markus Herrema in 2003.
Who are Newlight's investors?
Newlight's investors include GPO Fund.
How much funding has Newlight raised?
Newlight has disclosed $366.4M raised across 4 rounds.
Where is Newlight headquartered?
Newlight is headquartered in Huntington Beach, US.