Porter Hedges Represents Sapphire Technologies in $10 Million Series B Funding to Accelerate Clean Energy Solutions

Firm News

Porter Hedges represented Sapphire Technologies, developer and manufacturer of energy recovery systems for hydrogen and natural gas applications, in the closing of its $10 million Series B funding round. The investment - led by Energy Capital Ventures and joined by Marathon Petroleum, Chevron Technology Ventures, Equinor Ventures, and Cooper and Company - will bolster resources and expertise to support Sapphire Technologies' mission to significantly reduce global carbon emissions.

Based in Cerritos, California, Sapphire Technologies develops, manufactures, and sells energy recovery systems for both natural gas and hydrogen industrial and commercial applications.

Porter Hedges previously represented Sapphire Technologies in its Series A funding round that was secured in October 2021.

For additional information, please see the Sapphire Technologies press release here.


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