When was Newlight Technologies founded?

Newlight Technologies was founded in 2003 and raised its 1st funding round 10 years after it was founded.

Where is Newlight Technologies located?

Newlight Technologies is headquartered in Huntington Beach, United States. It is registered at Huntington Beach, California.

Who is the current CEO of Newlight Technologies?

Mark Herrema of Newlight Technologies. They have also founded 2 companies.

How many employees does Newlight Technologies have?

As of Jun 30, 2026, the latest employee count at Newlight Technologies is 98.

Is Newlight Technologies a funded company?

Newlight Technologies is a funded company, having raised a total of $220M across 5 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Oct 15, 2013.

When was the latest funding round of Newlight Technologies?

Newlight Technologies' latest funding was a $***** Series F round on Aug 03, 2023, with participation from 3 investors.

Where does Newlight Technologies rank among its competitors?

Newlight Technologies ranks 2nd amongst 9 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Econic Technologies, which secured an undisclosed amount in Oct, 2024.

Who are the top competitors of Newlight Technologies?

Newlight Technologies' top competitors include Econic Technologies, Mars Materials and Mango Materials. Among them, Econic Technologies secured the most recent funding round in October, 2024.

Newlight Technologies - 2026 Company Profile, Team, Funding & Competitors

Newlight Technologies is a series F company based in Huntington Beach (United States), founded in 2003 by Mark Herrema. It operates as a Developer of technology converting greenhouse gas into biomaterial for product manufacturing. Newlight Technologies has raised $220M in funding from Valedor Partners and GenZero. The company has 9 active competitors, including 5 that are funded. Its top competitors include companies like Econic Technologies, Mars Materials and Mango Materials.

Company Details

Developer of technology converting greenhouse gas into biomaterial for product manufacturing. The technology uses microorganisms to convert air and greenhouse gas into a meltable biomaterial. This biomaterial can be formed into various products. The resulting material is designed to be home compostable and carbon-negative.

Website: www.newlight.com/
Social
Email ID: *****@newlight.com
Phone Number: +1 **********
Registered Address: Huntington Beach, California

Key Metrics

Founded Year

2003

Location

Huntington Beach, United States

Stage

Series F

Total Funding

$220M in 5 rounds

Latest Funding Round

Series F, Aug 03, 2023, $*****

Investors

Valedor Partners & 7 more

Ranked

2^nd among 9 active competitors

Employee Count

98 as on Jun 30, 2026

Similar Companies

Econic Technologies & 7 more

View Newlight Technologies' full profile

Newlight Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEWLIGHT TECHNOLOGIES INC CIN: 820601919 , United States, Active	Feb 21, 2017	-	140 (As on Dec 31, 2024)	-

Newlight Technologies has raised a total funding of $220M over 5 rounds. Its first funding round was on Oct 15, 2013. Its latest funding round was a Series F round on Aug 03, 2023 for $*****. 3 investors participated in its latest round. Newlight Technologies has 8 institutional investors.

Here is the list of recent funding rounds of Newlight Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 03, 2023	8898438	Series F	1430825	2974359	4741150	6146028
Sep 22, 2020	5814565	Series E	8994259	9518499	1069145	GrayArch Partners
Aug 17, 2018	7454370	Series D	2498468	7609724	9401696	5462916

Access funding benchmarks and valuations. Sign up today!

View details of Newlight Technologies's funding rounds and investors

The founders of Newlight Technologies is Mark Herrema. Mark Herrema is the CEO of Newlight Technologies.

Here are the details of Newlight Technologies' key team members:

Mark Herrema: Co-Founder & CEO of Newlight Technologies and founder of 1 other company.
Contact Info: 1 email address

Newlight Technologies' Board of Directors

Newlight Technologies's board has 10 active members. Eric Olson, Evan R. Creelman, John Daly, Cornelis Linse, Markus D. Herrema, Kenton Kimmel, Evan Creelman, May Liew, Markus Herrema and Jim Lunt are independent board members.

Here is the list of Newlight Technologies' board of directors:

Name	Type	Representing	Status	Duration
Eric Olson	Independent board member	-	Current	2y 11m
szqrtjm	Independent board member	-	Current	3y 8m
fyeyhcr	Independent board member	-	Current	2y 1m
vplsuab	Independent board member	-	Current	7y 8m
nmlswf{	Independent board member	-	Current	3y 6m
syiyufh	Independent board member	-	Current	6y 8m
blypwuw	Independent board member	-	Current	2y 9m
g{nslz{	Independent board member	-	Current	3y 8m
lvklone	Independent board member	-	Current	4y 3m
zxxgnlc	Independent board member	-	Current	7y 5m

View details of Newlight Technologies's Founder profiles and Board Members

Newlight Technologies' employee count trend

Newlight Technologies has 98 employees as of Jun 26. Here is Newlight Technologies's employee count trend over the years:

Employee count trend for Newlight Technologies

Uncover Newlight Technologies' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Newlight Technologies include Econic Technologies, Mars Materials and Mango Materials. Here is the list of Top 10 competitors of Newlight Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Econic Technologies 2011, Macclesfield (United Kingdom), Series E	Developer of technology that transforms carbon dioxide into valuable raw materials	$43.2M	Capricorn Partners, Taranis & 44 others	61/100
2nd	Newlight Technologies 2003, Huntington Beach (United States), Series F	Developer of technology converting greenhouse gas into biomaterial for product manufacturing	$220M	GPO Fund, GenZero & 6 others	57/100
3rd	Mars Materials 2021, Oakland (United States), Seed	Developer of carbon utilization technologies for advanced materials and carbon sequestration	$660K	Prithvi Ventures, Untapped Capital & 3 others	47/100
4th	Mango Materials 2010, Berkeley (United States), Seed	Manufacturer of biodegradable plastics using waste	-	Global Brain, Gratitude Railroad & 9 others	42/100
5th	Biotic Labs 2020, Tel Aviv (Israel), Seed	Manufacturer of bio-based, biodegradable polymer alternatives to conventional plastics	$2M	Rockstart, The Yield Lab & 10 others	37/100
6th	Plasticsbornfromco2 2024, Espoo (Finland), Unfunded	Developer of biodegradable plastics made from CO2 emissions	-	-	24/100
7th	Cardia Bioproducts 2002, Mount Waverley (Australia), Funding Raised	E-distributor offering pet supplies	-	-	24/100
8th	Dama 2021, Denver (United States), Unfunded	Online platform offering carbon capture solution	-	-	22/100
9th	Terra Bioware 2022, Bengaluru (India), Funding Raised	Developer and manufacturer of bioplastics	-	Arise Ventures	15/100