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Newlight Technologies
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Developer of polymerization technology to convert greenhouse gases to biodegradable plastic

Founded in 2003
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 9
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 Irvine, CA Irvine, United States
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Updated by Jonathan Koch at on 07/28/2017

Edited by Cleantech Group on 08/04/2023

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Date Company
05/13/2014

Sprint Sprint

Sprint collaborated with Newlight Technologies to create iPhone accessories made from AirCarbon.

Confirmed by Sprint

Partnerships
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Date Partner Type
08/04/2023
Charter Next Generation Charter Next Generation
In addition to financial participation, Newlight has completed development agreements with CNG to commercialize specialty films decarbonized with AirCarbon and with OLCV to use direct air capture (DAC) systems to develop carbon dioxide feedstock for AirCarbon production plants.
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Confirmed by Charter Next Generation
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IPO INFORMATION

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Date Investors Type Amount
08/04/2023 GenZero GenZero , Oxy Low Carbon Ventures Oxy Low Carbon Ventures , Charter Next Generation Charter Next Generation (3)
Post-money valuation of
This investment will enable the company to expand the production of AirCarbon at both its existing California facility as well as a new AirCarbon production facility being built in Ohio.
Growth Equity $125,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Covalent Fashion Products

Fashion products including eyewear, wallets, cases and bags made from AirCarbon (PHB/PHA). Sold via www.covalentfashion.com

Pilot/Early Revenue Products - Retail
$/kW (current)
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