Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85187e57-0d7a-44b0-9f2a-c3c73566f648&Preview=1
Date 5/6/2008
Company Name Mascoma Corporation
Mailing Address 1380 Soldiers Field Road, Second Floor Boston, MA 02135
Company Description Recent advances in cellulosic ethanol R&D have led to the development of a new generation of enzymes, microbes and processes for economical conversion of cellulosic feedstocks into ethanol. With the combination of R&D advancements and increases in oil prices and energy market instability, the market is ready for new companies, such as Mascoma, to move cellulosic ethanol from lab and demonstrations to commercial-scale operation and long-term cost advantages in the renewable fuel market.
Proceeds Purposes The investment will go towards the funding of research and development activities at Mascoma, as well as the construction of operating facilities.
