Overview

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Total Equity Funding
$83.75M in 3 Rounds from 6 Investors
Most Recent Funding
$750k Convertible Note on August 2, 2013
Headquarters:
Chelmsford, MA
Description:
CoalTek is a clean coal technology company.
Founders:
,
Categories:
Energy, Renewable Energy, Clean Energy
Website:
http://www.coaltek.com
Social:

Company Details

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Founded:
2002
Contact:
7742490282
Employees:
11 - 50 | 8 in Crunchbase

CoalTek's technology reduces moisture content in a broad range of coals, optimizing plant efficiency and delivering environmental integrity. The CoalTek process was developed, tested, and proven over eight years by Dr. Jerry Weinberg, the company's co-founder, along with chief geologist Neil Ginther. CoalTek opened its first commercial processing facility in Calvert City, Kentucky in 2006. The plant's initial capacity of 120,000 tons/yr will be expanded in the future, and there are also plans to build additional facilities, to meet the growing demand for clean coal.

Funding Rounds (3) - $83.75M

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DateAmount / RoundValuationLead InvestorInvestors
Aug, 2013$750k / Convertible Note3
Jan, 2009$50M / Series D5
Feb, 2007$33M / Series C2

Current Team (8)

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Board Members and Advisors (3)

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Offices/Locations (1)

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  • Office

    119 Drum Hill Road

    PMB 304

    Chelmsford, MA 01824

    USA

Past Team (4)

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Images (1)

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