The time is now to decrease our dependence on foreign oil

Sapphire is leading the new industrial category of Green Crude production, profoundly altering the petrochemical landscape for the better

Sapphire Energy Raises $144 Million In Series C Funding 

Private Investment Funding Further Advances Sapphire Energy’s Path toward Commercializing Algae-Based Green Crude 
“The ongoing support from the private investment community speaks to how strongly they believe in the development of Green Crude as an alternative fuel resource, especially Sapphire Energy’s ability to commercialize it,” says Cynthia "CJ" Warner, President and chairman of Sapphire Energy

Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced it has secured $144 million in a Series C investment funding. The Series C backers include Arrowpoint Partners, Monsanto, and other undisclosed investors.  All major Series B investors have participated. With this investment round, Sapphire Energy’s total funding from private and public sources substantially exceeds $300 million. 

This new round of funding will directly support Sapphire Energy’s active and on-schedule commercial demonstration project in Luna County, New Mexico. The Green Crude Farm, also known as the Integrated Algal BioRefinery (IABR), is the world's first commercial demonstration scale algae-to-energy facility, integrating the entire value chain of algae-based fuel, from cultivation, to production, to extraction of ready-to-refine Green Crude.

Read the complete press release here: Press Release >>

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For media inquiries only or to be added to the press distribution list, contact:

Zebra Partners
Beth Llewelyn, (206) 406-5027
Perrin Kaplan, (206) 909-0119

For all other inquiries
Sapphire Energy (858) 768-4700

The Sapphire Solution

Sapphire Energy believes the time is now to create new energy solutions that are environmental, scalable, and renewable. Sapphire is leading the new industrial category of Green Crude production with the potential to profoundly change America’s energy and petrochemical landscape for the better. With only sunlight and CO2, Sapphire Energy is turning algae into Green Crude that can be refined into the three most important liquid fuels we use today: gasoline, diesel and jet fuel. There is no need to make changes to our vehicles, pipelines, or distribution systems—as Green Crude offers a complete drop-in replacement solution. Continue Reading: our story >>