| Blog | lucatechnologies.... |
| Category | BioTech |
| Phone | (303) 534-4344 |
| Employees | 72 |
| Founded | 5/01 |
| Description | alternative energy biotech firm |
| Series C, 12/08 One Equity Partners Kleiner Perkins Caufield & Byers Oxford Bioscience Partners | $75.9M |
LUCA Technologies is developing long-term, biotechnology-driven solutions to rising U.S. dependence on foreign energy sources. Addressing the $150 billion domestic natural gas market, the company is leveraging the ability of naturally occurring microorganisms to convert under-utilized domestic oil, organic-rich shale and coal resources to clean, renewable energy.
The company initially expects to provide consulting services to existing energy producers, helping them to evaluate their current oil, organic-rich shale and gas holdings for the presence of natural Geobioreactors or the potential for Geobioreactor stimulation.
