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Newlight Technologies
Huntington Beach, US · Founded 2003 · 100 employees on LinkedIn · 1 known investors
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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 Technologies was founded in 2003 by Markus Herrema.
MH
Markus HerremaFounder
EC
Evan CreelmanChief Business Development Officer2021–2024Evan Creelman is Chief Operations Officer at Newlight, where he leads operations for the company's biodegradable materials platform. He previously served as Chief Business Development Officer at Newlight, and holds degrees in Applied Mathematics and Economics from Northwestern University and a Master of Professional Accountancy from UC Irvine, along with CFA certification.
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Kenton KimmelNamed on SEC filing
Investors · 1
Funding
SEC filings, press & company announcements$366.4M disclosed across 4 of 6 rounds · 2012–2026
- Undisclosed amountSeedSep 2026Source ↗
▶$271.2MraisedAug 2023 · 172 investors · ManufacturingRule 506(b)
▶$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
▶$45.1MraisedSep 2020 · 114 investors · ManufacturingRule 506(b)
▶$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
▶$40.8MraisedAug 2018 · 173 investors · ManufacturingRule 506(b)
▶$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
▶$9.3MraisedMar 2014 · 60 investors · ManufacturingRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Newlight Technologies went on to found or lead other companies.
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In the news
Frequently asked questions
- What does Newlight Technologies 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 Technologies?
- Newlight Technologies was founded by Markus Herrema in 2003.
- Who are Newlight Technologies's investors?
- Newlight Technologies's investors include GPO Fund.
- How much funding has Newlight Technologies raised?
- Newlight Technologies has disclosed $366.4M raised across 4 of its 6 known rounds.
- Where is Newlight Technologies headquartered?
- Newlight Technologies is headquartered in Huntington Beach, US.