Mascoma Receives $6,937,494 New Financing
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=39d07ef3-b403-46f0-89f1-2bd4449d2395&Preview=1 -
Date
8/19/2011 -
Company Name
Mascoma -
Mailing Address
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. -
Website
http://www.mascoma.com -
Transaction Type
Debt -
Transaction Amount
$6,937,494 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. Convertible debt financing. SEC regulatory filing. -
M&A Terms
-
Venture Investor
Undisclosed
