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Sweetwater Energy
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Short description

Developer of technologies producing low-cost, concentrated sugars from multiple non-food plant materials

Founded in 2006
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector fuels & chemicals

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
TRL Range

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Headquarters Rochester, NY Rochester, United States
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Updated by Cleantech Group on 07/15/2024

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Date Company
12/18/2013

Pacific Ethanol Pacific Ethanol

Sweetwater Energy will supply industrial sugars to Pacific Ethanol to produce cellulosic ethanol.

Confirmed by Pacific Ethanol

Partnerships
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Date Partner Type
11/18/2021
Gevo Gevo
Gevo signed an MOU with Sweetwater Energy regarding the use of sustainably sourced agricultural residues and woody biomass as a feedstock for production and supply of cellulosic alcohols and energy-dense renewable liquid hydrocarbons. Sweetwater plans to build, own and operate a facility adjacent to Gevo’s existing plant in Luverne. Construction is anticipated to begin in Q3 2022.
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Confirmed by Gevo
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IPO INFORMATION

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Description

Date Investors Type Amount
04/22/2015 (0)
Post-money valuation of
The funding will help secure the company’s operations as it begins the construction of its first commercial biomass-to-biochemical conversion facility.
Structured Debt $10,000,000
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