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River Basin Energy
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Short description

Developer of biomass fuels able to replace coal in thermal power stations

Founded in 2008
Founded in

Company type Acquired Public ()
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Industry Group materials & chemicals

Sector fuels & chemicals

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 Highlands Ranch, CO Highlands Ranch, United States
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Updated by Gina Domanig at Emerald VC on 03/26/2013

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US Department of Energy (DOE) US Department of Energy (DOE)
River Basin Energy successfully produced torrefied biomass from western pine ships at its Laramie, Wyoming pilot facility with support from the Western Research Institute, part of the U.S. Department of Energy.
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Confirmed by US Department of Energy (DOE)
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IPO INFORMATION

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Description

Date Investors Type Amount
01/31/2013 Emerald VC Emerald VC (1)
Post-money valuation of
Structured Debt $600,000
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