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Founded Year

2002

Stage

Acquired | Acquired

Total Raised

$89.8M

About Virent

Virent operates as an energy technology company that enables the renewable replacement of fossil fuels. The company's BioForming platform technology produces transportation fuels, fuel gases, and various chemicals from fossil fuels.

Headquarters Location

3571 Anderson St.

Madison, Wisconsin, 53704,

United States

608-663-0228

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Expert Collections containing Virent

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

Virent is included in 2 Expert Collections, including Renewable Energy.

R

Renewable Energy

3,320 items

Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.

O

Oil & Gas Tech

810 items

Companies in the Oil & Gas Tech space, including those focused on improving operations across upstream, midstream, and downstream sectors, as well as those working on sustainable fuels.

Virent Patents

Virent has filed 70 patents.

The 3 most popular patent topics include:

  • chemical processes
  • biofuels
  • chemical reactions
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/2/2020

9/28/2021

Chemical processes, Biofuels, Industrial gases, Polysaccharides, Chemical reactions

Grant

Application Date

3/2/2020

Grant Date

9/28/2021

Title

Related Topics

Chemical processes, Biofuels, Industrial gases, Polysaccharides, Chemical reactions

Status

Grant

Latest Virent News

The Historic Transatlantic Flight on 100% Sustainable Aviation Fuel: Q&A With Virent Leaders

Dec 6, 2023

Dec 6, 2023 1:30 PM ET Your browser does not support the video tag. Your browser does not support the video tag. Virent’s President & General Counsel Dave Kettner and Vice President of Strategy & Business Development Bob Rozmiarek, join Richard Branson, the founder of Virgin Atlantic, the historic flight crew, and Virgin Atlantic’s other Flight100 partners. (Photo provided by Virgin Atlantic) On Tuesday, Nov. 28, Virgin Atlantic operated the world’s first transatlantic flight on 100% sustainable aviation fuel (SAF) by a commercial airline. The Boeing 787, using Rolls-Royce Trent 1000 engines, was fueled by a blend that included BioForm® synthesized aromatic kerosene (SAK) made by Virent, a subsidiary of Marathon Petroleum Corp. BioForm SAK is a critical ingredient that enabled the flight to be powered without any petroleum-based fuel. It was just the latest of a string of successful demonstration flights that Virent has helped make possible – others have included United Airlines, Bell Helicopter, Emirates Airline, and Gulfstream. We spoke with Virent President and General Counsel Dave Kettner and Vice President of Strategy and Business Development Bob Rozmiarek, both of whom were on the flight. Q: First, what exactly did Virent contribute to this flight, and why is it important? Dave Kettner: Our BioForm® SAK provided a critical component that made this flight possible. Most sustainable aviation fuel, or SAF, has to be blended with petroleum fuel to work in today’s jet engines. This is because SAF generally consists of paraffinic compounds but lacks the aromatics of petroleum-based jet fuel. BioForm® SAK, made out of plant sugars, is almost entirely aromatics, and so when we blend it with paraffinic SAF, we end up with a jet fuel that’s 100% bio-based and has the right composition to work in jet engines without making any modifications. In other words, it’s a “drop-in” equivalent to petroleum fuel. Q: How did Virent become involved in this flight? What other companies were involved? Bob Rozmiarek: We have been engaged in previous 100% drop-in SAF demonstrations with various engine manufacturers. The main interaction for this project started through contacts the team had at Rolls Royce. We started talking directly to Virgin Atlantic about a year ago. They quickly saw that our SAK blended with HEFA (hydroprocessed esters and fatty acids) would be the best way to achieve a transatlantic flight on 100% SAF. With the paraffinic fuel made out of waste fats by Air bp, and our bio-based aromatics made from plant sugars, Air bp was able to blend a fuel that Rolls Royce, the engine manufacturer; Boeing, airframe manufacturer; and Virgin, the airline operator, could test and agree on.

Virent Frequently Asked Questions (FAQ)

  • When was Virent founded?

    Virent was founded in 2002.

  • Where is Virent's headquarters?

    Virent's headquarters is located at 3571 Anderson St., Madison.

  • What is Virent's latest funding round?

    Virent's latest funding round is Acquired.

  • How much did Virent raise?

    Virent raised a total of $89.8M.

  • Who are the investors of Virent?

    Investors of Virent include Andeavor, Federal Aviation Administration, U.S. Department of Energy, Cargill Ventures, Shell Ventures and 11 more.

  • Who are Virent's competitors?

    Competitors of Virent include Viridos, Lynntech, Amyris, Evolutionary Genomics, LS9 and 7 more.

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