Glori Energy

Glori Energy

United States
Glori Energy's mission is to cleanly and safely recover billions of barrels of oil that are trapped in existing well reservoirs without having to drill a single new well. Glori partners with oil producers to install the AEROTM (Activated Environment for Recovery of Oil) System to significantly increase oil production. The AEROâ„¢ System provides a new, viable low-cost option to cleanly and safely recover previously trapped oil and bring it to market.
Founded date
01/01/2005
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
3
Founders
Jack Babcock, Rajendra Kumar Pachauri, Suresh Soni
Industry group
Energy, Natural Resources, Sustainability

Founding

Top 5 investors
Advantage Capital, Kleiner Perkins, G Squared, Oxford Bioscience Partners, Malaysian Life Sciences Capital Fund
# of funding runds
6
Last founding
$20.000.000
Total funded
$43.017.000

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