Mercurius Biorefining
Early Stage
Developing technology that will be the lowest cost conversion process to turn biomass into drop-in jet fuel and diesel.
Overview
Raised: $33,047
Total Commitments ($USD)
Platform
Netcapital
Start Date
11/29/2018
Close Date
04/30/2019
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$99
Security Type
Equity - Common
SEC Filing Type
RegCF
/ RegD 506(c)
Price Per Share
$1.50
Pre-Money Valuation
$10,032,600
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/05/2019
Days Remaining
Funded
% of Min. Goal
330%
% of Max. Goal
3%
Likelihood of Max
Funded
Avg. Daily Raise
$217
Momentum
Funded
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Year Founded
2010
Industry
Energy, Power, & Natural Resources
Tech Sector
Location
Ferndale, Washington
Mercurius is developing and scaling up REACH™ technology, a low cost process to turn biomass into jet fuel and diesel. REACH™ stands for Renewable Acid-hydrolysis Condensation Hydrotreating and is inherently more capital efficient than competing technologies. We believe REACH™ will be a very important climate change mitigation technology in the very near future.
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