Qteros Garners $25,000,000 Series B Funding Round

  • Feed Type
  • Date
    11/19/2008
  • Company Name
    Qteros
  • Mailing Address
    100 Venture Way Hadley, MA 01035
  • Company Description
    Qteros began in 1996 with a walk near the Quabbin Reservoir in Western Massachusetts. University of Massachusetts microbiologist Dr. Susan Leschine and her lab assistant, Tom Warnick, were looking for a microbe that breaks down plant waste, but they found something far more noteworthy. The microscopic organism they sampled from the mud and later named Clostridium phytofermentans, was isolated and recognized as a novel life form.
  • Website
    http://www.qteros.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Venrock
  • Venture Investor
    Long River Ventures
  • Venture Investor
    Undisclosed

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