Joule Unlimited Garners $70,000,000 Series C Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aef6bbfc-aa1d-4ab5-877f-d7257a41e6fa&Preview=1 -
Date
1/17/2012 -
Company Name
Joule Unlimited -
Mailing Address
83 Rogers St. Cambridge, MA 02142 -
Company Description
Joule is pioneering the production of Liquid Fuel from the Sun, surpassing today’s barriers to abundant, sustainable, cost-competitive supply. -
Website
http://www.jouleunlimited.com -
Transaction Type
Venture Equity -
Transaction Amount
$70,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The proceeds will be applied towards the build-out and operation of a Joule facility located in Hobbs, New Mexico and slated for commissioning in the summer of 2012. -
M&A Terms
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Venture Investor
Flagship Ventures -
Venture Investor
Undisclosed
