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§ Private Profile · Houston, TX, USA
Energy technology company developing microbial enhanced oil recovery systems for E&P companies and oil field operators.
Based in Houston, Texas, Glori Energy is an oil and gas technology company that develops and deploys its proprietary AERO System to recover trapped oil from conventional fields by stimulating native microorganisms. The organization owns and operates onshore oil fields in the United States while also providing its enhanced oil recovery technology as a service to various global exploration and production companies. Operating with an estimated 21 to 50 employees, the enterprise generates approximately $3.3 million in annual revenue and has secured $20 million in total funding alongside an estimated $10.6 million valuation. Led by key executives such as former CEO Stuart Page and Director of Sales and Marketing Charles Siess, the company completed a $185 million deal to go public on the Nasdaq exchange in April 2014. Glori Energy was originally founded in 2005.
Glori Energy has raised $20.0M across 1 funding round.
Glori Energy has raised $20.0M in total across 1 funding round.
Glori Energy has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series C in January 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 24, 2012 | $20M Series C | Larry Aschebrook | Advantage Capital, Kevin Skillern, GTI Ventures, Kleiner Perkins, Malaysian Life Sciences Capital Fund, Oxford Bioscience Partners, The Omzest Group | Announced |
Glori Energy has raised $20.0M in total across 1 funding round.
Glori Energy's investors include Larry Aschebrook, Advantage Capital, Kevin Skillern, GTI Ventures, Kleiner Perkins, Malaysian Life Sciences Capital Fund, Oxford Bioscience Partners, The Omzest Group.