Cool Planet - About the company
Cool Planet is an acquired company based in Camarillo (United States), founded in 2009 by Mike Cheiky. It operates as a Provider of decarbonization software and consulting for industrial net zero goals. Cool Planet has raised $183M in funding from investors like North Bridge Venture Partners, J.F. Shea Co and ETV. The company has 255 active competitors, including 37 funded and 16 that have exited. Its top competitors include companies like Windfall Bio, Cemvita and Pond Technologies.
Company Details
Provider of decarbonization software and consulting for industrial net zero goals. It harnesses a thermo-mechanical process and proprietary catalysts to turn biomass into green fuels and biochar. The process allows to create green gasoline from non-food sources that capture carbon from the air, and a biocarbon product that sequesters the carbon left over, unlocking the capability for a carbon negative lifecycle. In addition to the fuel, Its process creates a solid, inert biocarbon, known as CoolTerra.
- Website
- coolplanet.com
- Registered Address
- Hudson, Massachusetts
Key Metrics
Founded Year
2009
Location
Camarillo, United States
Stage
Acquired
Total Funding
$183M in 10 rounds
Latest Funding Round
Investors
Ranked
1st among 255 active competitors
Employee Count
85 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by National Carbon Technologies (Jun 16, 2020)
Legal entities associated with Cool Planet
Cool Planet is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
COOL PLANET ENERGY SYSTEMS, INC. CIN: 270784418 , United States, Active | Aug 20, 2009 | - | 29 (As on Dec 31, 2019) | - |
Cool Planet's acquisition details
Cool Planet got acquired by National Carbon Technologies on Jun 16, 2020.
Click here to take a look at Cool Planet's acquisition in detail
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Cool Planet's funding and investors
Cool Planet has raised a total funding of $183M over 10 rounds. Its first funding round was on Nov 25, 2009. Its latest funding round was a Series E round on Jul 25, 2018 for $*****. 2 investors participated in its latest round. Cool Planet has 15 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Cool Planet:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 25, 2018 | 3229009 | Series E | 9668985 | 4446219 | 2905112 | 2019828 |
Mar 10, 2017 | 1725797 | Series E | 7650731 | 3091777 | 3657077 | |
Sep 22, 2016 | 8753271 | Series E | 5112288 | 4431626 | 2060297 |
View details of Cool Planet's funding rounds and investors
Cool Planet's founders and board of directors
Founder? Claim ProfileThe founders of Cool Planet is Mike Cheiky.
Here are the details of Cool Planet's key team members:
- Mike Cheiky: Founder and Startup President, then Consultant of Cool Planet and founder of 1 other company. They serve on the board of 1 company.
Cool Planet's Board of Directors
Cool Planet's board has 17 active members. Carmichael Roberts, Mike Cheiky, Ed Anderson, Charity Cheiky, Mark Lohmann, Howard Janzen, Yvonne Ochoa Rosellini, Anthony Radaich, Barry Rowan, Vital Aelion, William Halter, Ron Sills, Archie Dunham, James L. Loar, Basil Horangic, Rik Miller and Dennis Weibling are independent board members.Here is the list of Cool Planet's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 13y 1m | |
abuilmo | Independent board member | - | Current | 8y 9m |
mxuqr{u | Independent board member | - | Current | 6y 7m |
nlkgqrn | Independent board member | - | Current | 2y 1m |
zoaqx{c | Independent board member | - | Current | 8y 1m |
yzayqea | Independent board member | - | Current | 5y 5m |
bqmsppm | Independent board member | - | Current | 1y 5m |
zg{jdtc | Independent board member | - | Current | 5y 1m |
maydwo{ | Independent board member | - | Current | 6y 9m |
lokgk{w | Independent board member | - | Current | 7y 2m |
fvehm{e | Independent board member | - | Current | 6y 8m |
kkak{uz | Independent board member | - | Current | 8y 5m |
xifhrnd | Independent board member | - | Current | 4y 6m |
soliovu | Independent board member | - | Current | 7y 3m |
usp{{nj | Independent board member | - | Current | 1y 9m |
vdyeihp | Independent board member | - | Current | 2y 7m |
lgfltbi | Independent board member | - | Current | 7y 1m |
View details of Cool Planet's Founder profiles and Board Members
Cool Planet's employee count trend
Cool Planet has 85 employees as of Sep 26. Here is Cool Planet's employee count trend over the years:
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Cool Planet's Competitors and alternates
Top competitors of Cool Planet include Windfall Bio, Cemvita and Pond Technologies. Here is the list of Top 10 competitors of Cool Planet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cool Planet 2009, Camarillo (United States), Acquired | Provider of decarbonization software and consulting for industrial net zero goals | $183M | 62/100 | |
2nd | Windfall Bio 2023, Menlo Park (United States), Series A | Developer of technology transforming methane into organic fertilizer for agriculture | $37M | 62/100 | |
3rd | Cemvita 2017, Houston (United States), Series A | Developer of engineered microbes for converting waste into valuable resources | $15M | 56/100 | |
4th | Pond Technologies 2008, Markham (Canada), Public | Provider of algal biomass solutions | $3.49M | 55/100 | |
5th | Manufacturer of industrial-grade bio-coal as a drop-in replacement for fossil coal | $1.8M | 55/100 | ||
6th | Developer of offshore foundations, green hydrogen plants, and carbon capture systems | $121M | 53/100 | ||
7th | Carbo Culture 2016, Woodside (United States), Series A | Producer and supplier of biochar | $24.9M | 52/100 | |
8th | Provider of industrializing food processing platform for crop farming | $6.37M | 52/100 | ||
9th | Takachar Funding Raised | Developer of portable equipment converting waste biomass into marketable bioproducts | - | 50/100 | |
10th | Myno Carbon 2020, Poulsbo (United States), Series A | Provider of bio-char from carbon removal facilities | $5.12M | - | 49/100 |
Looking for more details on Cool Planet's competitors? Click here to see the top ones
Cool Planet's Investments and acquisitions
Cool Planet has made no investments or acquisitions yet.
Reports related to Cool Planet
Here is the latest report on Cool Planet's sector:
News related to Cool Planet
Media has covered Cool Planet for 1 event in last 1 year, It was about company updates.
•
Cool Planet Technologies Opens Carbon Capture Plant at Holcim Facility in GermanyWorld Cement•Sep 09, 2026•Holcim, Cool Planet
•
National Carbon Technologies Acquires Cool Planet's Biocarbon Business; Becomes World's Leading Advanced Biocarbon ProducerPR Newswire•Jun 16, 2020•National Carbon Technologies, Cool Planet
•
Cool Planet to Explore Strategic Options With Carbon Negative Fuels TechnologyBusiness Wire•Dec 17, 2019•Cool Planet
•
Cool Planet Partners With Gray Farm Maple To Trial Its Biocarbon Tech On Hemp ProductionGlobal AgInvesting•Jun 25, 2019•Cool Planet, Gray Farm Maple
•
Cool Planet recognized as leading agricultural technology company in THRIVEAgroPages•Mar 15, 2019•Cool Planet
•
Cool Planet names Rik Miller new chair, adds Dwight Armstrong to boardInnovatioNews•Dec 20, 2018•Cool Planet
•
Cool Planet Partners with Future of Agriculture to Launch Educational Series on Soil HealthPR Newswire•Sep 20, 2018•Cool Planet, Future Agriculture
•
Cool Planet Closes $20MM in FundingPR Newswire•Jul 25, 2018•Cool Planet, North Bridge Venture Partners, Agustín Coppel
•
•
Cool Planet’s Cool Terra soil product successfully tested for 100th timeInnovatioNews•Mar 20, 2018•Cool Planet
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