COMPANY PROFILE

Joule Unlimited

Joule has led the way in developing a platform for converting CO2 into fuel, effectively reversing the process of combustion using solar energy

Bedford, United StatesFounded 2007Energy

Valuation $100–500M Latest valuation · 2013

Headcount <100 Current team size

Total funding $100–500M Disclosed equity funding

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About Joule Unlimited

Joule Unlimited was a biotechnology company that aimed to produce hydrocarbon fuels, such as diesel and ethanol, in a single step from sunlight, water, and carbon dioxide. The company's technology was based on a genetically engineered microorganism that could secrete the fuel directly, eliminating the need for a separate refining process.

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The company's business model was to develop and license its technology to partners who would then build and operate production facilities. Joule Unlimited targeted the transportation fuels market, which is a multi-trillion dollar global market. The company's process was designed to be scalable, with the potential to produce fuel at a cost that is competitive with fossil fuels.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2007
Headquarters: Bedford, United States
Employees: 13
Open positions: None listed
Dealroom signal: 73.9/100
Industry: Energy
Sub-industry: Clean Energy
Sector: Energy, Biotechnology, Solar Energy, Sustainable Development Goals, Climate Tech, Renewable Energy, Hard Tech
Client focus: b2b
Links: Website LinkedIn X

Latest news

Press, funding announcements and product moves mentioning Joule Unlimited.

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
GROWTH EQUITY VCOther financing	May 2015	$40M	—	Flagship Pioneering	—
SERIES DOther financing	Aug 2013	$50M	$200M	Undisclosed	—

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Growth signals

Joule Unlimited website traffic

Latest recorded traffic for Joule Unlimited is 510 monthly website visits, up 363.6% over the last three months. Joule Unlimited's team declined 7.1% over the past year.

Latest monthly visits510 3-month web change+363.6% 1-year team growth-7.1%

Monthly website visitsDec 2018–May 2024

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