# Sapphire Technologies secures $18M Series C to expand Cypress factory

Sapphire Technologies closed an $18 million Series C financing, including investment from Mitsubishi Heavy Industries, to increase capacity at its Cypress, California manufacturing facility and deploy more FreeSpin In-line Turboexpanders.

- Type: Investment
- Announced: 2025-09-09
- Where: Cypress, California, United States
- Value: $18.0M
- Status: announced
- Products: FreeSpin In-line Turboexpanders, power generation equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Sapphire Technologies](https://endata.com/companies/87157.md)
- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (investor)
- [Equinor Ventures](https://endata.com/companies/87158.md) (investor)
- [Cooper and Company](https://endata.com/companies/87159.md) (investor)
- [Energy Capital Ventures](https://endata.com/companies/87160.md) (investor)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2025/09/09/3146688/0/en/Sapphire-Technologies-Secures-18-Million-Series-C-to-Accelerate-Growth-Including-Investment-from-Mitsubishi-Heavy-Industries.html), 2025-09-09: "The capital will be used to increase capacity at Sapphire Technologies’ new Cypress, California manufacturing facility, continue to grow the installed base of FreeSpin® In-line Turboexpanders in key geographies such as Japan, and expand market reach into new applications."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.