Mascoma Receives $6,937,494 New Financing

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    67 Etna Road Lebanon, NH 03766
  • 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.
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  • Proceeds Purposes
    Proceeds purposes were not disclosed. Convertible debt financing. SEC regulatory filing.
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