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Joule
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Developer of diesel and ethanol directly derived from sunlight and CO2 using micro-organisms

Founded in 2007
Founded in

Company type Out of Business Public ()
Company type

Industry Group transportation & logistics

Sector vehicle fueling

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Bedford, MA Bedford, United States
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Updated by Felicia Krupps at Joule on 07/13/2015

Edited by Cleantech Group on 05/26/2021

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Date Partner Type
09/17/2014
DNV GL DNV GL
Joule and DNV GL will collaborate for commercial validation of Joule's CO2-to-fuels production process.
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Confirmed by DNV GL
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Date Investors Type Amount
05/11/2015 Flagship Pioneering Flagship Pioneering (1)
Post-money valuation of
Total financing round totaled $40 million; 85 percent of the round consists of equity, led by founding investor Flagship Ventures.
 Growth Equity $34,000,000
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Sunflow-E

Ethanol produced directly from sunlight and waste CO2

 Product Development Products - Retail
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