FundedIQ
Biotechnology

Newlight Technologies: Funding, Investors & Team (Oct 2026)

Newlight Technologies employs decarbonization technology that specifically transforms greenhouse gases into biomaterials. The company aims to globally substitute oil-derived plastics with AirCarbon, utilizing carbon that would otherwise be released into the atmosphere. By doing so, they aspire to decrease the quantity of carbon present in the air in a manner influenced by market demand.

newlight.com LinkedIn Huntington Beach, United States 101-250 employees
Total raised
$125M
Rounds
2
Latest
Undisclosed round
Aug 2023

Newlight Technologies has raised $125M across 2 funding rounds on record, the most recent an undisclosed round of $125M announced in Aug 2023.

That round is above the $8.4M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Newlight Technologies Company Profile and Key Stats

Total funding raised
$125M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
$125M in Aug 2023
Employees
101-250
reported band
Headquarters
Huntington Beach, United States

Latest funding round on record: Aug 2023.

Newlight Technologies Funding Rounds

Date
Round
Amount
Undisclosed round
$125M
Corporate Round
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Newlight Technologies announced a Corporate Round in Jul 2022; the amount was not disclosed.

1.1 years later, an undisclosed round of $125M was announced in Aug 2023.

Newlight Technologies Founders and Leadership Team

Name
Role
Contact
Mark Herrema
CEO
—

No contact details are on record for this team yet.

Newlight Technologies Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.4M
30,319
$7.7M

Newlight Technologies' latest round of $125M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Newlight Technologies Funding FAQs

What does Newlight Technologies do?

Newlight Technologies employs decarbonization technology that specifically transforms greenhouse gases into biomaterials. The company aims to globally substitute oil-derived plastics with AirCarbon, utilizing carbon that would otherwise be released into the atmosphere. By doing so, they aspire to decrease the quantity of carbon present in the air in a manner influenced by market demand.

How much funding has Newlight Technologies raised?

Newlight Technologies has raised $125M across 2 rounds on record. The most recent is an undisclosed round of $125M announced in Aug 2023.

When did Newlight Technologies last raise funding?

Newlight Technologies' most recent funding round on record is an undisclosed round of $125M, announced in Aug 2023.

Who is the CEO of Newlight Technologies?

Mark Herrema is listed as CEO at Newlight Technologies.

Where is Newlight Technologies headquartered?

Newlight Technologies is based in Huntington Beach, California, United States.

How many employees does Newlight Technologies have?

Newlight Technologies is in the 101-250 employee band.

How does Newlight Technologies' funding compare to other Biotechnology startups?

Newlight Technologies' latest round of $125M is above the $8.4M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Newlight Technologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Newlight Technologies is left off this page rather than filled in.

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