POET

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

General Information
Company Name
POET
Founded Year
1983
Location (Offices)
Sioux Falls, United States +37
Founders / Decision Makers
Number of Employees
1711
Industries
Energy, Renewable Energy, Clean Energy
Funding Stage
Series Unknown
Social Media

POET - Company Profile

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.

Taxonomy: biofuels, plant-based products, clean technology, renewable biofuels, bioproducts, domestic energy, biochemistry, agriculture, economic impact, technology, innovation

Funding Rounds & Investors of POET (3)

View All
Funding Stage Amount No. Investors Investors Date
Venture Round $53.80M - 11 Jun 2014
Private Equity Round Unknown 1 Norwest Equity Partners (NEP) 01 Jan 2008
Private Equity Round Unknown 1 Norwest Equity Partners (NEP) 01 Jan 2005

Latest News of POET

View All

No recent news or press coverage available for POET.

Similar Companies to POET

View All
Qteros - Similar company to POET
Qteros Harnessing the power of nature for efficient and sustainable biofuel production.
Mercer International Inc. - Similar company to POET
Mercer International Inc. Transforming biomass into bioproducts for a more sustainable world
Great Lakes Bioenergy Research Center (GLBRC) - Similar company to POET
Great Lakes Bioenergy Research Center (GLBRC) Creating biofuels and bioproducts that are economically viable and environmentally sustainable.
Pacific Biodiesel Technologies, LLC - Similar company to POET
Pacific Biodiesel Technologies, LLC Founded on Maui in 1995, Pacific Biodiesel is Hawaii's only commercial producer of liquid biofuels.
Safiery Pty Ltd - Similar company to POET
Safiery Pty Ltd "We are Energy Technologists who change the Functional to the Unforgettable for Mobile Lifestyle"