EdenIQ Lands $12,400,000 Series B Funding
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=279e83b1-9315-40d9-a806-3049b869465f&Preview=1 -
Date
4/30/2010 -
Company Name
EdenIQ -
Mailing Address
1520 N. Kelsey St. Visalia, CA 93291 -
Company Description
EdeniQ’s scientists are pursuing solutions that cost-effectively convert abundant, non-food biomass into fuels. Making fuels from agricultural waste such as corn stover, sugarcane bagasse, rice straw and woodchips takes the controversy out of biofuels and puts the green – and the humanity – in. -
Website
http://www.edeniq.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,400,000 -
Transaction Round
Series B -
Proceeds Purposes
EdeniQ will use the funds to speed deployment of its existing yield enhancement technologies and to further develop its Corn-to-Cellulose Migration (CCM) program, which was recently awarded a $20.4 million grant from the U.S. Department of Energy. -
M&A Terms
-
Venture Investor
Draper Fisher Jurvetson -
Venture Investor
Westly Group -
Venture Investor
Kleiner Perkins Caufield & Byers -
Venture Investor
Cyrus Capital -
Venture Investor
Angeleno Group, LLC -
Venture Investor
Element Partners -
Venture Investor
Morgan Stanley Venture Partners -
Venture Investor
Advanced Equities Financial Corporation -
Venture Investor
Omninet Capital, LLC -
Venture Investor
Nimes Capital
