energy founded san diego california may 2007 2007 05 founder steve briggs kristina burow nathaniel david stephen mayfield mike mendez bryan o neill yan poon jason pyle headquarters san diego california u.s. key people cynthia cj warner chairman & ceo jeff d. webster coo thomas tom willardson cfo matthew croughan cto tim zenk vp of corporate affairs jaime e. moreno p.e. vp of projects dean venardos vp of operations jim butler vp of legal affairs and intellectual property dan sajkowski sr. director of downstream technology products biofuel green crude number of employees 150 website sapphireenergy.com facebook.com sapphireenergy twitter.com sapphireenergy linkedin.com company sapphire energy youtube.com sapphireenergyvideo sapphire energy is a san diego based american energy company that produces crude oil made from algae . 1 contents 1 history 2 products 3 references 4 external links history edit sapphire energy was founded in 2007 with the mission to change the world by developing a domestic renewable source of energy that benefits the environment and hastens america s energy independence . the company s founders backed by a team of the nation s leading researchers scientists and blue ribbon investors in early stage companies set out to become the world s leading producer of commercial scale renewable drop in replacement fuels for gasoline diesel and jet fuel with its algae derived biofuel solution . to accomplish this they brought together a team of people who as entrepreneurs investors scientists and concerned citizens shared the belief that climate change is a threat to the environment and that dependence on imported oil is a threat to national security and the security of future generations . they recognized that existing alternatives to imported transportation fuels are too slow to commercialize too expensive to produce and have their own harmful environmental trade offs . they also understood that the growing need for energy is so large that the problem requires an all of the above approach to gain energy independence . it is imperative that renewable energy technologies are given the opportunity and support to commercialize . 2 3 as of february 2014 sapphire energy employs over 150 employees . the company is headquartered in san diego calif. and has an engineering office in orange county calif. and a research and development facility in las cruces nm . in addition the company s green crude farm the world s first commercial demonstration algae to energy facility also known as the integrated algal biorefinery or iabr for which construction began in june 2011 is now operating in luna country near columbus new mexico . sapphire s green crude farm integrates the entire value chain of algae based fuel from cultivation to harvest to conversion of ready to refine green crude representing the convergence of biotechnology agriculture and energy . 4 the farm is now producing barrels of crude oil year round and the company expects to be producing 100 barrels of green crude per day in 2015 and at commercial scale production in 2018 . sapphire energy s business partnerships consist of many corporate luminaries in research agriculture and engineering . in march 2011 sapphire energy and monsanto announced a multi year collaboration on algae based research projects . 5 in may 2011 the company announced a multi year agreement with the linde group to co develop a low cost system to deliver co2 to commercial scale open pond algae to fuel cultivation systems now underway at the green crude farm . 6 later in july 2013 the companies expanded their partnership with plans to refine and commercialize a new industrial scale hydrothermal treatment technology to upgrade algae biomass to crude oil that they intend to license and market to various industries including algae municipal solid waste and farm waste for converting other biomass sources into energy . 7 in february 2012 sapphire energy announced that it will integrate earthrise nutritionals spirulina strain into its growing inventory of cyanobacteria and algae strains to expand resources for algae to energy production . 8 in november 2012 the company announced a partnership with institute for systems biology to further the scientific research and development of algae biofuels . 9 in 2013 sapphire energy expanded its partner network to include business agreements with industry leading oil & gas refiners . in march 2013 sapphire energy announced a commercial agreement with tesoro refining and marketing company llc . per the agreement tesoro will purchase crude oil from sapphire energy s green crude farm for processing into fuel at its west coast refineries . 10 in december 2013 sapphire energy and phillips 66 announced they will work together to analyze and confirm that green crude can be refined in traditional refineries and that it meets all environmental protection agency s epa certification requirements under the clean air act . the companies will work to complete the epa certification process to register a new fuel product entering the market . 11 seed financing to launch the company in 2007 was provided by arch ventures and larry bock . in 2008 sapphire energy announced it had raised more than 100 million in a series b funding round which included arch venture partners wellcome trust venrock and cascade investment llc . in april 2012 the company announced it had secured 144 million in series c investment funding with backers including arrowpoint partners monsanto and other undisclosed investors as well as all series b investors . 12 in december 2009 sapphire energy was awarded a 54.5 million usda loan guarantee and a 50 million grant from the us dept. of energy as part of president obama s american recovery and reinvestment act and the usda s biorefinery assistance program 9003 authorized through the 2008 farm bill . 13 the 54.5 million loan guarantee awarded through the biorefinery assistance program was issued to build a fully integrated algae to crude oil commercial demonstration facility in columbus n.m. in partnership with the usda and the u.s. department of energy sapphire energy developed and implemented its facility known as the green crude farm on time and on budget . today the farm is operational and producing renewable crude oil on a continuous basis . in 2013 sapphire energy announced that it had paid off of its entire loan guarantee to the usda . 14 sapphire energy s green crude biofuel has been featured in multiple pilot demonstrations since 2009 . the company used syntroleum inc synm technology to provide fifty gallons of gasoline for the algaeus a plugin hybrid toyota prius that drove across the united states in september 2009 . 15 the tour was conducted to show that gasoline made by algae is viable in today s vehicles without modification . in 2009 continental airlines also tested one of sapphire energy s green crude blends . 7 sapphire energy provided green crude oil for the first flight s using algae derived jet fuel that was refined by uop into jet fuel for two test flights continental airlines 737 800 and japan airlines 747 300 . in 2012 the company provided its green crude diesel fuel to power below the surface s driving innovation racing team which established itself by setting the first official algae fueled diesel motorcycle speed records through a series of race challenges in the united states and mexico . 16 since 2008 sapphire energy has consistently ranked in the biofuels digest list of the hottest 50 companies in bioenergy . 17 in march 2011 the company was chosen as one of the top 10 venture backed clean tech companies by the wall street journal during the wsj economics next big thing event . in october 2011 the company was chosen as game changer of the year in clean technology by grow california for its impact on california s green industry in the category of public private partnerships . in december 2011 forbes named sapphire energy one of america s most promising companies . in may 2012 the carbon war room named sapphire energy as one of the top ten companies in renewable fuel . products edit sapphire energy produces green crude from algae creating a crude oil containing many of the properties found in fossil crude oil . green crude is a low carbon 100 % renewable crude oil offering a reduction in carbon emissions compared to petroleum based equivalents . its production doesn t impact agricultural crops land or water since algae are grown in salty non potable water using lands not suitable for agriculture and require only sunlight and co2 to grow . it also drops right into the current infrastructure of today s cars trucks and aircraft without modifications . sapphire energy s green crude can be refined in a typical refinery and scaled to meet the growing demand for new sources of energy which are renewable environmentally friendly and reduce dependence on foreign oil . according to the company green crude oil meets fuel quality standards and is completely compatible with the existing petroleum infrastructure from refinement through distribution to retail suppliers . gasoline produced from the green crude achieved a 91 octane rating while meeting fuel quality standards . 18 in august 2012 sapphire energy announced that its commercial demonstration algae to energy facility the green crude farm is up and running with the on time and on budget completion of phase 1 construction which began june 2011 . the farm consists of 100 acres of 1.1 acre and 2.2 acre ponds as well as all the mechanical and processing equipment needed to harvest and extract algae and recycle water for the planned 300 acre facility . the farm is now producing green crude oil year round and the company is in the process of refining its algae to energy processes and technologies as it moves towards scaling up production . 19 the company expects the green crude farm to produce 100 barrels a day of ready to refine crude oil at full operating capacity . in the september 2012 issue of forbes magazine sapphire energy expects its green crude to be competitive with petroleum by 2018 if it can produce a minimum of 5 000 barrels a day . 20 references edit pollack andrew july 26 2010 . exploring algae as fuel . new york times . retrieved 2010 07 27 . we ve probably engineered over 4 000 strains said mike mendez a co founder and vice president for technology at sapphire energy the owner of the laboratory . ... how i made it jason pyle using algae to make fuels he s thinking beyond pond scum a.i.m. interview sapphire energy s ceo dr. jason pyle http www.nbcnews.com id 39898804 ns business going green . uyfu4wt5mxc sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release bigelow bruce v. 2009 09 08 . san diego s sapphire energy plans bio refinery in new mexico as algaeus begins promotional cross country tour . xconomy . http www.xconomy.com san diego 2009 09 08 san diego % e2 % 80 % 99s sapphire energy plans bio refinery in new mexico as % e2 % 80 % 98algaeus % e2 % 80 % 99 begins promotional cross country tour . retrieved 2009 09 10 . sapphire energy press release sapphire energy press release sapphire energy press release sapphire energy press release douglass elizabeth 2008 05 29 . sapphire energy turns algae into green crude for fuel los angeles times . http articles.latimes.com 2008 may 29 business fi greencrude29 . external links edit official website retrieved from https en.wikipedia.org w index.php title sapphire energy & oldid 703280970 categories algal fuel producersalgae biomass producers navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main 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