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qteros.com

Founded Year

1996

Stage

Series C | Alive

Total Raised

$47M

Last Raised

$22M | 11 yrs ago

About Qteros

Qteros, formerly known as SunEthanol, a seed stage spin-off from the University of Massachusetts at Amherst, is developing a technology than aims to significantly lower the cost of producing ethanol fuel from a wide variety of cellulosic materials, including corn stover, wood waste, and, potentially, recycled paper products. Qteros intends to package the core technology with process engineering know-how and sell a production system to fuel producers.

Qteros Headquarter Location

100 Campus Drive

Marlborough, Massachusetts, 01752,

United States

508-281-4060

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Expert Collections containing Qteros

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Qteros is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

2,809 items

Includes companies working on technology to support renewable energy generation.

Qteros Patents

Qteros has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/28/2009

5/17/2011

Microbiology, Biofuels, Phytoremediation plants, Energy crops, Sustainable technologies

Grant

Application Date

7/28/2009

Grant Date

5/17/2011

Title

Related Topics

Microbiology, Biofuels, Phytoremediation plants, Energy crops, Sustainable technologies

Status

Grant

Latest Qteros News

Editorial: Good science makes another run at the market thanks to Qteros

Dec 24, 2012

Comments Susan B. Leschine, of Leverett, who was chief scientist at Qteros, when this picture was taken is seen with William A. Frey, of Belchertown, former president and CEO of the Hadley biotechnology company, in 2008 in the photo above. The photo below, taken last year, shows the now shuttered Chicopee facility. But the company is now trying to reinvent iself.The Republiccan file   Earlier this year, promising biofuels startup Qteros – a company that had its origins in research done at the University of Massachusetts – faced a major setback when investment capital dried up. Without adequate funding, Qteros was forced to close a fermentation facility in Chicopee – and with it, the promise of new jobs. Qteros, was created to market the potential of the “Q Microbe,” discovered by a team of UMass researchers led by microbiologist Susan B. Leschine. The microbe, found in the early 1900s around the Quabbin Reservoir, has the ability to digest plant waste into ethanol fuel. A great discovery, but developing markets for a new technology can be painstakingly slow. Still, good science is good science and just a little more than six months later, Qteros is making a comeback. The company, once known as Sun Ethanol, raised $52 million in start-up money from investors including Soros Fund Management LLC, Valero Engorge Corp. and BP. In early 2012 , the money dried up; creditors auctioned Qteros’ pilot facility in Chicopee. Enter Stephan Rogers of Amherst, an official with old Qteros and the CEO of a new company that has purchased the technology from creditors of the old company. Rogers now has the license form UMass to use the Q Microbe and is looking to revitalize the company. Rogers hopes to raise $3 million to $5 million to get the new Qteros off the ground. The road to commercial marketability is often long and arduous – just like the science on which products are based. We’re pleased that the work continues and that Qteros is making a comeback. As Rogers said, “We are charged with creating a benefit to society. We have to get innovation out there to the world.”

Qteros Web Traffic

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Qteros Rank

  • When was Qteros founded?

    Qteros was founded in 1996.

  • Where is Qteros's headquarters?

    Qteros's headquarters is located at 100 Campus Drive, Marlborough.

  • What is Qteros's latest funding round?

    Qteros's latest funding round is Series C.

  • How much did Qteros raise?

    Qteros raised a total of $47M.

  • Who are the investors of Qteros?

    Investors of Qteros include LRVHealth, Venrock, Battery Ventures, Valero Energy Corporation, BP and 6 more.

  • Who are Qteros's competitors?

    Competitors of Qteros include Fulcrum BioEnergy, Garbrook Knowledge Resources, Peregrine Power, ProteoGenesis, Xylofuel and 12 more.

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