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.
Investors · 1
Reported raises · per SEC filings
Form D private placements$366.4M disclosed across 4 rounds · 2012–2023
▶$271.2MraisedAug 2023 · 172 investors · ManufacturingRule 506(b)
- 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
▶$45.1MraisedSep 2020 · 114 investors · ManufacturingRule 506(b)
- 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
▶$40.8MraisedAug 2018 · 173 investors · ManufacturingRule 506(b)
- 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
▶$9.3MraisedMar 2014 · 60 investors · ManufacturingRule 506(b)
- 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
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 overlapCompanies 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.


