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Sapphire Energy
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Developer of algae biofuels

Founded in 2006
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Company type Out of Business Public ()
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Industry Group agriculture & food

Sector biomass & biofuels

TRL Range 4-6
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 San Diego, CA San Diego, United States
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Date Company
03/20/2013

Tesoro Tesoro

Sapphire Energy will supply Tesoro with its algae-based crude oil, and will begin year-round production at its New Mexico bio-refinery.

Confirmed by Tesoro
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Date Partner Type
12/10/2013
Phillips 66 Phillips 66
Sapphire Energy and Phillips 66 have signed a strategic joint development agreement towards the commercialization of algae crude oil.
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Confirmed by Phillips 66
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Date Investors Type Amount
12/18/2015 (0)
Post-money valuation of
This funding round was disclosed via regulatory filing
 Growth Equity $91,963,851
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