Mercurius Biorefining
About this raise
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.
Investment Overview
Invested : $33,047
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 11/29/2018
- Close Date
- 04/30/2019
$10,000
$1,070,000
$99
Equity - Common
Early Stage
RegCF
/ RegD 506(c)
$1.50
$10,032,600
Company & Team
Company
- Year Founded
- 2010
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Capital Intensity
- Location
- Ferndale, Washington
- Company Website
-
Visit Website
Team
- Employees
- 3
Financials
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2019 | Netcapital | $10,032,600 | $33,047 | Equity - Common | Funded | RegCF / RegD 506(c) |