Glori Energy Inc.

General Information
Company Name
Glori Energy Inc.
Founded Year
2005
Location (Offices)
Houston, United States +2
Founders / Decision Makers
Number of Employees
30
Industries
Energy, Renewable Energy, Clean Energy +1
Funding Stage
Series C
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Glori Energy Inc. - Company Profile

Glori Energy Inc. is a Houston-based energy technology and oil production company founded in 2005. The company utilizes its proprietary AERO(TM) System to enhance the recovery of oil from conventional oil fields. Glori not only owns and operates onshore oil fields in the U.S. but also offers its technology as a service to E&P companies globally. The AERO System is designed to recover residual oil by stimulating a reservoir's native microorganisms, enabling sustainable increase in ultimate recovery at a low cost. The company operates in the Energy, Renewable Energy, Clean Energy, and Oil and Gas sectors and is headquartered in the United States. In January 2012, Glori Energy received a significant $20.00M Series C investment from a group of notable investors including Kleiner Perkins, Advantage Capital Partners, G Squared, Oxford Bioscience Partners, Malaysian Life Sciences Capital Fund, and Energy Technology Ventures. This investment is indicative of the confidence these key investors have in the company's technology and its potential to revolutionize oil recovery in the industry. With an innovative approach to increasing oil production and a strong investor backing, Glori Energy Inc. holds promise for significant impact and growth within the energy sector. For more information, visit www.GloriEnergy.com.

Funding Rounds & Investors of Glori Energy Inc. (5)

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Funding Stage Amount No. Investors Investors Date
Series C $20.00M 6 Energy Technology Ventures 24 Jan 2012
Venture Round $3.00M 1 Energy Technology Ventures 05 Jul 2011
Venture Round $5.80M - 21 Oct 2010
Venture Round $8.72M - 23 Oct 2009
Series A $5.50M - 09 Jan 2007

Latest News of Glori Energy Inc.

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