Sapphire Technologies, Inc.
About Sapphire Technologies, Inc.
Sapphire Technologies develops and manufactures energy recovery systems such as turboexpanders that harness the power of gas expansion to produce reliable and clean electricity, reducing global carbon footprint. The company focuses on applications for hydrogen and natural gas, including its FreeSpin In-line Turboexpander technology for waste pressure power generation. It operates in the clean energy sector with projects such as electricity generation at LNG terminals in Japan and low-cost long-duration energy storage at natural gas pipelines. Sapphire Technologies is based in Cypress, California and is a subsidiary of Calnetix Technologies.
- 🔗 Sapphire Technologies Secures $10 Million Series B Funding to Accelerate Clean Energy Solutions
- 🔗 Sapphire Technologies Secures $18 Million Series C to Accelerate Growth, Including Investment from Mitsubishi Heavy Industries
- 🔗 Sapphire Technologies: Funding, Team & Investors | Startup Intros
- 🔗 Sapphire Technologies Raises $18M in Series C Funding - Los Angeles Times
- 🔗 Sapphire Technologies Stock Price, Funding, Valuation, Revenue & Financial Statements
Investors
Key highlights
- Closed $18M Series C round in 2025 led by Mitsubishi Heavy Industries and existing investors.
- Total funding reached $28M across Series A, B, and C rounds.
- Technology focuses on FreeSpin In-line Turboexpanders for waste pressure power generation in natural gas and hydrogen.
- Expanding manufacturing capacity at Cypress facility and targeting Japan market for LNG applications.
- Backed by strategic investors including Equinor Ventures, Chevron Technology Ventures, and Energy Capital Ventures.
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