Cypress, United States
Sapphire Technologies, founded in 2020, is at the forefront of global decarbonization efforts, focusing on sustainable energy solutions within the Energy and Industrial sectors. Headquartered in the United States, the company specializes in developing energy recovery systems that convert the energy wasted during gas expansion into clean, reliable electricity. This approach not only boosts efficiency and productivity but also significantly reduces carbon emissions and electrical costs for their customers.
The company's innovative Pressure-To-Power Systems stand out in the market for their ability to generate electricity without disrupting existing operations. In a recent Series B investment round on 16 August 2023, Sapphire Technologies secured $10.00M from prominent investors including Chevron Technology Ventures, Cooper and Company, Energy Capital Ventures, Equinor Ventures, and Marathon Petroleum. This backing underscores investor confidence in the company's potential for substantial financial returns and contribution to a sustainable energy future.
