We are an American company. We are concerned about the many negative effects on our country and our economy caused by the import and use of crude oil and natural gas. We know that novel ideas and methods must be developed and applied so that we can reduce or even eliminate our dependence upon foreign oil and gas, and that implementation of these ideas and methods requires unconventional approaches and the use of advanced, non-traditional sciences and engineering disciplines.
The United States has enormous resources of untapped, low-value hydrocarbons, such as crude oil, coal and shale, that with practical, diligent, large-scale application of novel technologies may be recovered at costs that are competitive to or even lower than the finding and development costs of conventional oil, gas and coal energy.
Ciris is focused on rapid development of and large-scale implementation of its technologies for the production of clean energy from these low-value fossil fuel resources.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 01/01/11 | Series B | 23.9M | Unknown |