POET (Energy) — Funding, Investors & Signals 2026

POET

For almost 40 years, we've been changing the world through sustainable, plant-based biofuels & bioproducts.

Founded 1983

Sioux Falls, United States 1711 employees Venture round Total: $53.80M Energy, Renewable Energy +1

POET is a prominent player in the energy and renewable energy sectors, with a legacy spanning almost four decades. The company's commitment to promoting sustainability and health through sustainable, plant-based biofuels and bioproducts is evident from its extensive network of 34 plants across eight states in the United States. This impressive infrastructure allows POET to annually produce over 3 billion gallons of biofuels, significantly reducing the reliance on imported oil while contributing billions of dollars to the American economy. A key differentiator for POET is its emphasis on efficiency and technological innovation, resulting in the production of biofuels at unparalleled efficiency levels. The company's turnkey development, design, engineering, construction, management, and marketing services for its plant network have positioned its facilities as the most successful and profitable in the industry. Notably, POET has harnessed the potential of collaboration with leaders in clean technology, biochemistry, and animal nutrition to refine its technologies, extracting maximum value from a bushel of corn. Furthermore, POET's commitment to sustainable practices extends to the development of the leading brand of premium dried distillers grains with solubles on the market, Dakota Gold®. As an established company founded in 1983, POET garnered a significant $53.80M Venture Round investment on 11 June 2014. Despite this, it's imperative for investors to assess the potential for further growth and innovation within the rapidly evolving renewable energy landscape.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$53.80M	-		11 Jun 2014
Private Equity Round	Undisclosed	1	Norwest Equity Partners (NEP)	01 Jan 2008
Private Equity Round	Undisclosed	1	Norwest Equity Partners (NEP)	01 Jan 2005

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$53.80M

11 Jun 2014

Private Equity Round

Undisclosed

Norwest Equity Partners (NEP)

01 Jan 2008

Private Equity Round

Undisclosed

Norwest Equity Partners (NEP)

01 Jan 2005

FAQ About POET

For almost 40 years, we've been changing the world through sustainable, plant-based biofuels & bioproducts.

POET was founded in 1983.

POET is headquartered in Sioux Falls, United States.

POET operates in Energy, Renewable Energy and Clean Energy. Its work centres on biofuels, plant-based products, clean technology and renewable biofuels.

POET has approximately 1711 employees.

POET has completed 3 funding rounds, raising a total of $53.80M. The latest funding stage is Venture round.

Top alternatives and competitors to POET include Biofuels Junction Pvt Ltd, Rivertop Renewables, Qteros, Pacific Biodiesel Technologies, LLC, Egico. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

POET and Biofuels Junction Pvt Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

POET

General Information

Discover More

About POET

Funding Rounds & Investors (3)

POET Alternatives & Competitors

FAQ About POET