Fulcrum BioEnergy was founded in 2007 by E. James Macias and James A. C. McDermott. Fulcrum BioEnergy has not officially endorsed a plan to participate in an IPO.
Fulcrum BioEnergy is developing a commercially viable process to convert municipal solid waste into zero-carbon transportation fuels. Per Forge data, Fulcrum Bioenergy raised $281.1 million in funding over 12 rounds, with their latest funding being raised on Feb 16, 2023. Key investors include Cathay Pacific Airways, UK Department for Transport, Rustic Canyon Partners, SK Holdings, and United Airlines.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/12/2022 | Series D-8 | $20MM | $xx.xx | $108.29B | Sk Innovation | |
Price per Share
$xx.xx
Shares Outstanding
3,333,333
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sk Innovation
|
||||||
12/16/2021 | Series D-7-3 | $10MM | $xx.xx | $94.06B | Sk Innovation | |
Price per Share
$xx.xx
Shares Outstanding
1,908,397
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sk Innovation
|
||||||
12/16/2021 | Series D-7-6 | $10MM | $xx.xx | $94.06B | Sk Innovation | |
Price per Share
$xx.xx
Shares Outstanding
1,908,397
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sk Innovation
|
||||||
12/16/2021 | Series D-7-4 | $10MM | $xx.xx | $94.06B | Sk Innovation | |
Price per Share
$xx.xx
Shares Outstanding
1,908,397
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sk Innovation
|
||||||
12/16/2021 | Series D-7-7 | $10MM | $xx.xx | $94.06B | Sk Innovation | |
Price per Share
$xx.xx
Shares Outstanding
1,908,397
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sk Innovation
|
||||||
12/16/2021 | Series D-7-5 | $10MM | $xx.xx | $94.06B | Sk Innovation | |
Price per Share
$xx.xx
Shares Outstanding
1,908,397
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sk Innovation
|
||||||
07/17/2020 | Series D-7-1 | $2.5MM | $xx.xx | $88.17B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
477,099
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
07/17/2020 | Series D-7-2 | $2.5MM | $xx.xx | $88.17B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
477,099
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
07/12/2019 | Series D-7 | $19MM | $xx.xx | $87.59B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,625,954
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
09/19/2018 | Series D-6 | $20MM | $xx.xx | $79.81B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,081,632
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
10/26/2017 | Series D-4 | $12.88MM | $xx.xx | $70.19B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,900,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
10/26/2017 | Series D-5 | $25MM | $xx.xx | $70.19B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
5,630,631
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
10/26/2017 | Series D-4-1 | $27.92MM | $xx.xx | $70.19B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
10,419,402
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
07/24/2017 | Series D-3 | $5MM | $xx.xx | $60.29B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,126,126
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
11/08/2016 | Series D-2 | $30MM | $xx.xx | $53.72B | Bp | |
Price per Share
$xx.xx
Shares Outstanding
7,978,724
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bp
|
||||||
06/22/2015 | Series D-1 | $30MM | $xx.xx | $45.64B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
9,316,770
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
02/15/2015 | Series D | $10MM | $xx.xx | $39.96B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,236,246
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
08/07/2014 | Series C-3 | $60.18MM | $xx.xx | $41.39B | Cathay Pacific Airways | |
Price per Share
$xx.xx
Shares Outstanding
19,475,728
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cathay Pacific Airways
|
||||||
01/25/2011 | Series C-1 | $107.05MM | $xx.xx | $30.51B | Rustic Canyon Partners, U.S. Renewables | |
Price per Share
$xx.xx
Shares Outstanding
40,092,084
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Rustic Canyon Partners, U.S. Renewables
|
||||||
06/23/2010 | Series B-2 | $26.9MM | $xx.xx | $11.4B | Rustic Canyon Partners, U.S. Renewables | |
Price per Share
$xx.xx
Shares Outstanding
13,450,762
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Rustic Canyon Partners, U.S. Renewables
|
||||||
07/24/2008 | Series B-1 | $14MM | $xx.xx | $3.77B | Rustic Canyon Partners, U.S. Renewables | |
Price per Share
$xx.xx
Shares Outstanding
14,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Rustic Canyon Partners, U.S. Renewables
|
||||||
08/09/2007 | Series A | $999,999.00 | $xx.xx | $222.22MM | Rustic Canyon Partners, U.S. Renewables | |
Price per Share
$xx.xx
Shares Outstanding
6,741,573
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Rustic Canyon Partners, U.S. Renewables
|