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Sierra Energy
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Developer of FastOx waste gasification technology

Founded in 2004
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector biomass & waste-to-energy

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 Davis, CA Davis, United States
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Updated by at on 01/14/2025

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Date Partner Type
07/30/2012
Velocys Velocys
Oxford Catalysts has been selected by Sierra Energy for a California Energy Commission (CEC)-funded synthetic fuels demonstration plant.
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Confirmed by Velocys
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IPO INFORMATION

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Date Investors Type Amount
07/29/2019 Breakthrough Energy Ventures Breakthrough Energy Ventures , Cox Enterprises Cox Enterprises , BNP Paribas BNP Paribas , Formica Ventures Formica Ventures , Twynam Investments Twynam Investments , The March Group The March Group (6)
Post-money valuation of
Funding will be used to further develop and commercialize its FastOx® gasification technology, which converts virtually any waste into clean, renewable energy and fuels without burning.
Series A $33,000,000
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Product image Name Product status Revenue model Cost metrics

FastOx Gasifier

Machine capable of processing MSW, hazardous waste, medical waste, C&D waste, etc. and turning it into clean renewable energy.

Pilot/Early Revenue License of Usage
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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